TopstepTrader's Michael Patak (Founder) - Ask Me Anything (AMA) - futures io
futures io futures trading



TopstepTrader's Michael Patak (Founder) - Ask Me Anything (AMA)


Discussion in Trading Reviews and Vendors

Updated by TopstepTrader
      Top Posters
    1. looks_one TopstepTrader with 219 posts (564 thanks)
    2. looks_two bobwest with 102 posts (253 thanks)
    3. looks_3 Big Mike with 45 posts (159 thanks)
    4. looks_4 emini2000 with 36 posts (16 thanks)
      Best Posters
    1. looks_one Big Mike with 3.5 thanks per post
    2. looks_two DarkPoolTrading with 2.8 thanks per post
    3. looks_3 TopstepTrader with 2.6 thanks per post
    4. looks_4 bobwest with 2.5 thanks per post
    1. trending_up 245,238 views
    2. thumb_up 1,837 thanks given
    3. group 256 followers
    1. forum 1,113 replies
    2. attach_file 35 attachments




Welcome to futures io: the largest futures trading community on the planet, with well over 100,000 members
  • Genuine reviews from real traders, not fake reviews from stealth vendors
  • Quality education from leading professional traders
  • We are a friendly, helpful, and positive community
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts
  • We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

(If you already have an account, login at the top of the page)

 
Search this Thread
 

TopstepTrader's Michael Patak (Founder) - Ask Me Anything (AMA)

(login for full post details)
  #881 (permalink)
Canada
 
Experience: Beginner
Platform: NinjaTrader
Broker: InteractiveBrokers
Trading: NQ
 
SoftSoap's Avatar
 
Posts: 594 since Aug 2015
Thanks: 347 given, 1,220 received


TopstepTrader View Post
Tymbeline - Thank you for the input. As to not spill the beans, we will have some really exciting news/updates in January pertaining to what you said above.

To the New Year and the 2017 markets!

Michael

Hi Michael,

I hope 2016 was TST's best year yet, and wish you and your organization the best for 2017.

I learned about TST through one of the contests on FIO . I assume that this is an effective way to help the trading community while simultaneously improving TST's brand recognition and providing some relatively cheap advertising.

Are there any plans for another TST-sponsored contest in 2017? It could be a good way to promote the exciting news / updates on TST you've mentioned.

Cheers!

Yesterday's excellence is today's standard and tomorrow's mediocrity
Visit my futures io Trade Journal Reply With Quote

 
Best Threads (Most Thanked)
in the last 7 days on futures io
Is anyone actually making money?
191 thanks
Micro account vs Funded account (combine)
53 thanks
Are sharks watching on the other side?
32 thanks
Spoo-nalysis ES e-mini futures S&P 500
24 thanks
Life sacrifice loneliness trading futures
20 thanks
 
(login for full post details)
  #882 (permalink)
Site Administrator
Manta, Ecuador
 
Experience: Advanced
Platform: My own custom solution
Trading: Emini Futures
 
Big Mike's Avatar
 
Posts: 48,922 since Jun 2009
Thanks: 31,588 given, 94,581 received


SoftSoap View Post
Are there any plans for another TST-sponsored contest in 2017? It could be a good way to promote the exciting news / updates on TST you've mentioned.

Cheers!

Yes, stay tuned for a new Journal contest.

Mike

We're here to help -- just ask

For the best trading education, watch our webinars
Searching for trading reviews? Review this list

Follow us on Twitter, YouTube, and Facebook

Support our community as an Elite Member:
https://futures.io/elite/
Follow me on Twitter Visit my Facebook Visit my futures io Trade Journal Reply With Quote
The following 6 users say Thank You to Big Mike for this post:
 
(login for full post details)
  #883 (permalink)
Canada
 
Experience: Beginner
Platform: NinjaTrader
Broker: InteractiveBrokers
Trading: NQ
 
SoftSoap's Avatar
 
Posts: 594 since Aug 2015
Thanks: 347 given, 1,220 received



Big Mike View Post
Yes, stay tuned for a new Journal contest.

Mike

You guys are awesome!

Yesterday's excellence is today's standard and tomorrow's mediocrity
Visit my futures io Trade Journal Reply With Quote
The following user says Thank You to SoftSoap for this post:
 
(login for full post details)
  #884 (permalink)
Canada
 
Experience: Intermediate
Platform: NinjaTrader & Jigsaw
Broker: Rithmic
Trading: ZB UB
 
Posts: 143 since Dec 2016

while you're in the combine can you trade the asian session? Can a Canadian do this?

Reply With Quote
 
(login for full post details)
  #885 (permalink)
Saskatchewan
 
Experience: Beginner
Platform: Ninjatrader
Broker: TST / Rithmic
Trading: CL
 
Posts: 959 since Apr 2014
Thanks: 2,629 given, 1,709 received


kentonpalmer7 View Post
while you're in the combine can you trade the asian session? Can a Canadian do this?

Yes a Canadian can do this, i live in SK and im currently doing a combine.
Yes you can trade the Asian session, you need to be flat by 3:10pm ct and you can start placing trades after 5pm ct

Here is a link to the sites pages with all the info you need
https://help.topsteptrader.com/hc/en-us/articles/236068127-When-and-what-products-can-I-trade-

Visit my Facebook Visit my futures io Trade Journal Reply With Quote
The following 4 users say Thank You to DRock306 for this post:
 
(login for full post details)
  #886 (permalink)
Canada
 
Experience: Intermediate
Platform: NinjaTrader & Jigsaw
Broker: Rithmic
Trading: ZB UB
 
Posts: 143 since Dec 2016

Are commissions taken into account when calculating profit loss, if so what com rate do they use


Sent from my iPhone using futures.io

Reply With Quote
 
(login for full post details)
  #887 (permalink)
Saskatchewan
 
Experience: Beginner
Platform: Ninjatrader
Broker: TST / Rithmic
Trading: CL
 
Posts: 959 since Apr 2014
Thanks: 2,629 given, 1,709 received


kentonpalmer7 View Post
Are commissions taken into account when calculating profit loss, if so what com rate do they use


Sent from my iPhone using futures.io

You just need to go look for urself on the site and you will find all the answers u need

Visit my Facebook Visit my futures io Trade Journal Reply With Quote
The following 2 users say Thank You to DRock306 for this post:
 
(login for full post details)
  #888 (permalink)
Canada
 
Experience: Intermediate
Platform: NinjaTrader & Jigsaw
Broker: Rithmic
Trading: ZB UB
 
Posts: 143 since Dec 2016

I'll admit I definitely could've just looked at the site for the first two questions.... and I found the answer shortly after.... nevermind


Sent from my iPhone using futures.io

Reply With Quote
 
(login for full post details)
  #889 (permalink)
Legendary Elite_Member
Wiltshire, United Kingdom
 
Experience: Beginner
Platform: Jigsaw daytradr
Trading: US Equity Index Futures
 
matthew28's Avatar
 
Posts: 855 since Sep 2013
Thanks: 1,961 given, 1,451 received

Bear in mind the Combine commission of $3.68 per R/T is the same for all products and hasn't increased with rises in live costs. Apart from the Treasuries, the other mini products except ES, and the Eurex products; live costs are more.
Grains live, being expensive, would be $5.48 per R/T ( from https://help.topsteptrader.com/hc/en-us/articles/236068847 ). Depending on how many contracts one is trading each day the total Combine commissions and fees over ten or more days could be significantly lower than they would be in reality.

Visit my futures io Trade Journal Reply With Quote
The following 3 users say Thank You to matthew28 for this post:
 
(login for full post details)
  #890 (permalink)
Madrid - Spain
 
Experience: Advanced
Platform: Ninja
Trading: ES
 
ignacio90's Avatar
 
Posts: 146 since Mar 2012
Thanks: 650 given, 179 received


@TopstepTrader

I have read that the following rule are no longer required to FTP:

Maintain an Account Balance greater than 0 after a minimum of 10 trading days

Will this be the same to the Funded Account? Can someone have a negative result after 10 trading days without hit the loss max limit, or daily loss limit and remain in the funded account?

Thank you

Reply With Quote


futures io Trading Community Trading Reviews and Vendors > TopstepTrader's Michael Patak (Founder) - Ask Me Anything (AMA)


June 22, 2020


Upcoming Webinars and Events
 

Every journal equals ten meals for the hungry

Now
     



Copyright © 2020 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts