List of FIO traders who have passed the TST combine or funded - futures io
futures io



List of FIO traders who have passed the TST combine or funded


Discussion in Trading Reviews and Vendors

Updated
      Top Posters
    1. looks_one aquarian1 with 11 posts (5 thanks)
    2. looks_two Sirkin01 with 11 posts (20 thanks)
    3. looks_3 lemons with 11 posts (35 thanks)
    4. looks_4 GuyMM with 9 posts (21 thanks)
      Best Posters
    1. looks_one TickedOff with 8.4 thanks per post
    2. looks_two matevisky with 8 thanks per post
    3. looks_3 bobwest with 6.5 thanks per post
    4. looks_4 Topstep with 4.8 thanks per post
    1. trending_up 79,909 views
    2. thumb_up 713 thanks given
    3. group 91 followers
    1. forum 221 posts
    2. attach_file 13 attachments




Welcome to futures io: the largest futures trading community on the planet, with well over 125,000 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
 

List of FIO traders who have passed the TST combine or funded

(login for full post details)
  #201 (permalink)
 Sirkin01 
Rochester, ny
 
Experience: Advanced
Platform: Nt, ToS, rt
Trading: Crude
 
Posts: 15 since Oct 2012
Thanks: 0 given, 22 received

Basically section 8 goes into if you break any federal laws, in a nut shell, it seems to cover rogue trader not abiding by your size you are permitted to trade etc.


Sent from my iPhone using futures.io mobile app

Reply With Quote
The following user says Thank You to Sirkin01 for this post:
 
(login for full post details)
  #202 (permalink)
 aquarian1 
Point Roberts, WA, USA
 
Experience: Advanced
Platform: IB and free NT
Broker: IB
Trading: ES
 
aquarian1's Avatar
 
Posts: 4,033 since Dec 2010
Thanks: 1,507 given, 2,584 received


Sirkin01 View Post
Basically section 8 goes into if you break any federal laws, in a nut shell, it seems to cover rogue trader not abiding by your size you are permitted to trade etc.


Sent from my iPhone using futures.io mobile app

The last two posts seem to referring to an agreement between the newly funded trader and TST is that correct?

..........
peace, love and joy to you
.........
Visit my futures io Trade Journal Reply With Quote
 
(login for full post details)
  #203 (permalink)
 Sirkin01 
Rochester, ny
 
Experience: Advanced
Platform: Nt, ToS, rt
Trading: Crude
 
Posts: 15 since Oct 2012
Thanks: 0 given, 22 received

yes the contract is an agreement for two parties, like any contract. it goes into how profit is divided if there's a disagreement, how things are handles pretty basic stuff. Over all there is no fine print hiding a secret. Its pretty strait forward. I hope this helps.

Reply With Quote
 
(login for full post details)
  #204 (permalink)
 aquarian1 
Point Roberts, WA, USA
 
Experience: Advanced
Platform: IB and free NT
Broker: IB
Trading: ES
 
aquarian1's Avatar
 
Posts: 4,033 since Dec 2010
Thanks: 1,507 given, 2,584 received


aquarian1 View Post
1. Did you sign a futures account opening form when you were given a funded account?


Sirkin01 View Post
yes the contract is an agreement for two parties, like any contract. it goes into how profit is divided if there's a disagreement, how things are handles pretty basic stuff. Over all there is no fine print hiding a secret. Its pretty strait forward. I hope this helps.


So a funded trader signs an agreement with TST.

==> Do they also sign an futures account opening form?

(This would be a separate agreement with a futures broker in addition to an agreement with TST)

Thank-you.

..........
peace, love and joy to you
.........
Visit my futures io Trade Journal Reply With Quote
The following user says Thank You to aquarian1 for this post:
 
(login for full post details)
  #205 (permalink)
 Sirkin01 
Rochester, ny
 
Experience: Advanced
Platform: Nt, ToS, rt
Trading: Crude
 
Posts: 15 since Oct 2012
Thanks: 0 given, 22 received

I signed an agreement with them, you are trading with a pool of money. You don't receive a 50k account per say. you are trading 5 contracts, with a stop loss. That would be equivalent to the risk size of trading a 50k account. you see the change In the Live trader prep. May I ask why is this so important? Topstep has been around for about 9 years and have been vetted by many people, I am just trying to do right by them, they have never did me wrong. If there was something they were hiding or in some way taking advantage of people it would have come out. So whats your concern? what are you searching for? They are a prop company with a different approach to recruiting people. The combine and LTP are your interviews for a job if you pass both you get hired.

Reply With Quote
The following 2 users say Thank You to Sirkin01 for this post:
 
(login for full post details)
  #206 (permalink)
 aquarian1 
Point Roberts, WA, USA
 
Experience: Advanced
Platform: IB and free NT
Broker: IB
Trading: ES
 
aquarian1's Avatar
 
Posts: 4,033 since Dec 2010
Thanks: 1,507 given, 2,584 received


aquarian1 View Post

==> Do they also sign an futures account opening form?


Thank-you.

I have asked this same question without a reply two times. You have still not answered it.

You could have replied;
"yes you also sign a futures account agreement."

or
"no, the agreement with TST is the only agreement you sign"

There have been several back and forths when one clear complete reply would have done the job.

It is not unusual to wish to read all written agreements before undertaking a contractual arrangement. Indeed it is recommended that you carefully read and understand all contracts.

If the agreements were posted online where I could read them I would not have asked you anything - I would have read the contract(s) and asked the company for clarification if required.

All companies post the contracts and ask you to read them as you will be bound by them.


From earlier in this thread:

aquarian1 View Post
So I want to know all the rules - all the catches - what I will have to sign - what I am liable for, that is in writing not what might be said in a email, etc before I start.
-----------
I find it so laborious to get the whole story that it becomes more time than its worth.

When I ask other FIO members simple questions - they get evasive and say things like:
"Oh post that in the ask anything thread"
"Oh look at the website"
"Oh why not ask support?"


aquarian1 View Post
In passing, if I open a futures account with a futures broker I am able to read the entire account agreement BEFORE starting and decide if I accept all the terms and conditions. It's posted online for anyone to read - just as it should be. Open and above board.)


..........
peace, love and joy to you
.........
Visit my futures io Trade Journal Reply With Quote
The following 2 users say Thank You to aquarian1 for this post:
 
(login for full post details)
  #207 (permalink)
 jdrower 
Alameda, CA
 
Experience: Intermediate
Platform: Sierracharts
Trading: NQ
 
Posts: 45 since Oct 2011
Thanks: 170 given, 30 received

Sirkin01
Now that you are funded and trading 5-contracts, have you found that the TST rules have made you a better trader?
Thx
JD

Reply With Quote
The following user says Thank You to jdrower for this post:
 
(login for full post details)
  #208 (permalink)
 Raider 
Canada
 
Experience: Intermediate
Platform: NinjaTrader & Jigsaw
Broker: Rithmic
Trading: ZB UB
 
Posts: 143 since Dec 2016

You can add me (Raider) to the list of those who have passed. Passed the 150k combine.

Reply With Quote
 
(login for full post details)
  #209 (permalink)
 Sirkin01 
Rochester, ny
 
Experience: Advanced
Platform: Nt, ToS, rt
Trading: Crude
 
Posts: 15 since Oct 2012
Thanks: 0 given, 22 received


jdrower View Post
Sirkin01
Now that you are funded and trading 5-contracts, have you found that the TST rules have made you a better trader?
Thx
JD

Great question in taking the combines yes I learned patients and size and stop control. Realizing the more trades you place doesn't lead to a bigger account. Waitting and having the ability to pass on trades to find the better trades to take. Yes I am a better trader for TopstepTrader and having to have an accountable set of rules, that I have to follow. To be critical of myself I still fall victim to my own bad habits that every trader has. Tst helped me realize we're I am lacking and what I need to work on.

Reply With Quote
The following 4 users say Thank You to Sirkin01 for this post:
 
(login for full post details)
  #210 (permalink)
 Sirkin01 
Rochester, ny
 
Experience: Advanced
Platform: Nt, ToS, rt
Trading: Crude
 
Posts: 15 since Oct 2012
Thanks: 0 given, 22 received

Yes the bid/ ask changes it is a live account...

andrej View Post
Hey y'all!

I am wondering about one thing, but haven't seen any comments on this.... can anybody with a funded TST account please confirm that adding/removing limit order actually increases bid/ask in the order book? This would be a simple test to confirm you are trading a real live account at the CME.

Thanks!


Reply With Quote
The following user says Thank You to Sirkin01 for this post:
 
(login for full post details)
  #211 (permalink)
 ignacio90 
Madrid - Spain
 
Experience: Advanced
Platform: Ninja
Trading: ES
 
ignacio90's Avatar
 
Posts: 149 since Mar 2012
Thanks: 664 given, 180 received


andrej View Post
Great! Many thanks for confirming that!

They are a serious firm. But you have the option to pass it, win money and ask for a widtdraw The best way to know if it's real money or not.

Reply With Quote
 
(login for full post details)
  #212 (permalink)
 SBtrader82 
Rovigo (ITALY)
 
Experience: Intermediate
Platform: SierraChart, MotiveWave
Broker: Rithmic, Dorman, Interactive Brokers
Trading: Emini, Nasdaq, DAX, Bund, IBEX
 
SBtrader82's Avatar
 
Posts: 435 since Feb 2018
Thanks: 168 given, 962 received

I just found this thread.
I have passed TST combine several times, 4 in total. Once in the funded account I normally make some mistakes, and I have to restart again from step 2.
Up to now, I have always blown up on the ProAccount which allowed me to start back from step n.2

All in all I think the company is serious, but I think it would be a lot better if they allowed you to keep trading if you broke the daily loss rules. They do not allow you tu put a server side, daily loss limit.
So it's quite rude to be discarded from a hard gained account just because you lost more than your daily loss limit.

Follow me on Twitter Visit my futures io Trade Journal Reply With Quote
The following user says Thank You to SBtrader82 for this post:
 
(login for full post details)
  #213 (permalink)
 lemons 
Market Wizard
Tallinn, Estonia
 
Experience: Beginner
Platform: SC
Trading: NAS100
 
lemons's Avatar
 
Posts: 942 since Nov 2010
Thanks: 1,825 given, 2,259 received


SamJames View Post
They do not allow you to put a server side, daily loss limit.

Who is in control ? Do you have self control ?
For me it to long to respect daily loss limit.
I hoped that last trade will save the day but we all know what will happen.
Daily loss limit broken again and again.

Reply With Quote
The following 4 users say Thank You to lemons for this post:
 
(login for full post details)
  #214 (permalink)
 bobwest 
Site Moderator
Sarasota FL
 
Experience: Advanced
Platform: Sierra Chart, NinjaTrader
Trading: ES, YM
 
bobwest's Avatar
 
Posts: 6,477 since Jan 2013
Thanks: 49,052 given, 21,706 received


SamJames View Post
I just found this thread.
I have passed TST combine several times, 4 in total. Once in the funded account I normally make some mistakes, and I have to restart again from step 2.
Up to now, I have always blown up on the ProAccount which allowed me to start back from step n.2

All in all I think the company is serious, but I think it would be a lot better if they allowed you to keep trading if you broke the daily loss rules. They do not allow you tu put a server side, daily loss limit.
So it's quite rude to be discarded from a hard gained account just because you lost more than your daily loss limit.

I definitely sympathize. But if you've ever traded live in your own account, with your own money, you probably have found that ignoring loss limits is the route to blowing up the account. When it's your own, it hurts a lot more. (Plus, you may suddenly find you need to look for a job because this trading thing isn't working the way you thought. )

But another way to look at it is that you have definitely found the thing you most need to work on. Don't think I'm being critical or flip, by the way. It definitely has been something I have had to work on too. Still doing it, actually....

Good luck.

Bob.

When one door closes, another opens.
-- Cervantes, Don Quixote
Visit my futures io Trade Journal Reply With Quote
The following 4 users say Thank You to bobwest for this post:
 
(login for full post details)
  #215 (permalink)
Sayounara
Yokohama South Korea
 
 
Posts: 116 since Nov 2012
Thanks: 99 given, 72 received


SamJames View Post
I just found this thread.
I have passed TST combine several times, 4 in total. Once in the funded account I normally make some mistakes, and I have to restart again from step 2.
Up to now, I have always blown up on the ProAccount which allowed me to start back from step n.2

All in all I think the company is serious, but I think it would be a lot better if they allowed you to keep trading if you broke the daily loss rules. They do not allow you tu put a server side, daily loss limit.
So it's quite rude to be discarded from a hard gained account just because you lost more than your daily loss limit.

proper trading firms like the SMB capital make money when their traders make money. so if a trader breaks daily loss limit, the risk manager does not immediately fires him but instead cuts him off from trading for the day. the trader can come back to trade the next day with a cooler head. why? because even consistent traders are human beings and therefore can make mistakes. the professional firms understand this and allow their traders to do so and learn from their mistakes. it's the risk manager's job is to make sure one bad trading day does not destroy an account.

online vendors make most (if not all) of their profit from subscriptions and account resets. they don't really care whether or not you are a good trader. on the contrary, the worse trader you are, the more money they make. so they designed rules to increase the failure rate of their traders and therefore maximize their profits. if they really cared about trader's growth, they could have easily mimic the proper trading firms by setting up proper risk management systems to cut traders off when daily loss limit is reached and to prevent adding more size if max position size is exceeded. but most of them don't do this, why? because their profit does not depend on trader's profit.

the only online vendor I've found so far who gives traders a better chance at succeeding is oneuptrader. they cut you off for the day when you reach your daily stoploss limit and their system simply prevents you from exceeding your max position size. considering all of these online vendors utilize the same sim trading environment from Rithmic, one must wonder why the other vendors don't employ similar policies to help traders.

Reply With Quote
The following user says Thank You to Sayounara for this post:
 
(login for full post details)
  #216 (permalink)
 SBtrader82 
Rovigo (ITALY)
 
Experience: Intermediate
Platform: SierraChart, MotiveWave
Broker: Rithmic, Dorman, Interactive Brokers
Trading: Emini, Nasdaq, DAX, Bund, IBEX
 
SBtrader82's Avatar
 
Posts: 435 since Feb 2018
Thanks: 168 given, 962 received


Sayounara View Post
proper trading firms like the SMB capital make money when their traders make money. so if a trader breaks daily loss limit, the risk manager does not immediately fires him but instead cuts him off from trading for the day. the trader can come back to trade the next day with a cooler head. why? because even consistent traders are human beings and therefore can make mistakes. the professional firms understand this and allow their traders to do so and learn from their mistakes. it's the risk manager's job is to make sure one bad trading day does not destroy an account.

online vendors make most (if not all) of their profit from subscriptions and account resets. they don't really care whether or not you are a good trader. on the contrary, the worse trader you are, the more money they make. so they designed rules to increase the failure rate of their traders and therefore maximize their profits. if they really cared about trader's growth, they could have easily mimic the proper trading firms by setting up proper risk management systems to cut traders off when daily loss limit is reached and to prevent adding more size if max position size is exceeded. but most of them don't do this, why? because their profit does not depend on trader's profit.

the only online vendor I've found so far who gives traders a better chance at succeeding is oneuptrader. they cut you off for the day when you reach your daily stoploss limit and their system simply prevents you from exceeding your max position size. considering all of these online vendors utilize the same sim trading environment from Rithmic, one must wonder why the other vendors don't employ similar policies to help traders.

yes but the problem I have with OneUP is that the trades you make with them are "managed internally", they do not go out to the market.... as far as I understood. This looks quite shady to me. Also their policy with drawdown computed in real time, and also the fact that the fris 90 days you have some non clarified extra rules about consistency..... I don't trust them. Rule are not explicitly stated.

Concerning SMB they look very vert shady to me. Every 5 words they say "proprietary" and "manhattam", they want to come across as legit just because they have flashy offices in Manhattam. Everything is proprietary, come on!!! I once heard an interview and they say they have a score system for evaluating good vs bad trade.... and gues what? it's also propietary jajajajaja..... I guess toilet paper is also proprietary, and the mouse also. Smells fishy to me..... and somebody did actually some investigation on how they make money, and rose questions.

Follow me on Twitter Visit my futures io Trade Journal Reply With Quote
 
(login for full post details)
  #217 (permalink)
 lemons 
Market Wizard
Tallinn, Estonia
 
Experience: Beginner
Platform: SC
Trading: NAS100
 
lemons's Avatar
 
Posts: 942 since Nov 2010
Thanks: 1,825 given, 2,259 received


SamJames View Post
... Also their policy with drawdown computed in real time, ...

Don't fool yourself with TST end of day drawdown.

May be market comes back above drawdown limit and may be not
You will never know. If price makes come back you can consider yourself lucky at that time.

Last sale is what determines your equity at that point. The last sales is truth.

Reply With Quote
 
(login for full post details)
  #218 (permalink)
 tr8er 
Europe
 
Experience: Advanced
Platform: TradeNavigator, BookMap
Trading: ES, CL, 6E, 6B
 
Posts: 479 since Jan 2017
Thanks: 33 given, 424 received


Sayounara View Post

the only online vendor I've found so far who gives traders a better chance at succeeding is oneuptrader. they cut you off for the day when you reach your daily stoploss limit and their system simply prevents you from exceeding your max position size. considering all of these online vendors utilize the same sim trading environment from Rithmic, one must wonder why the other vendors don't employ similar policies to help traders.

I would say, if a trader isn't able to manage the daily loss-limit, he should stay away from trading. I know this company (MES) since years and would never trust them.

Reply With Quote
The following 4 users say Thank You to tr8er for this post:
 
(login for full post details)
  #219 (permalink)
 spideysteve 
Fort McMurray, AB Canada
 
Experience: Beginner
Platform: NT, MT4, Jigsaw
Broker: Continuum
Trading: ZN, ES
 
spideysteve's Avatar
 
Posts: 153 since Mar 2015
Thanks: 361 given, 169 received


SamJames View Post
yes but the problem I have with OneUP is that the trades you make with them are "managed internally", they do not go out to the market.... as far as I understood. This looks quite shady to me. Also their policy with drawdown computed in real time, and also the fact that the fris 90 days you have some non clarified extra rules about consistency..... I don't trust them. Rule are not explicitly stated.

I believe that is for the evaluation only. Itís like trading on sim. Once you pass the evaluation and you are funded, I think the trades are in the market.

Follow me on Twitter Reply With Quote
 
(login for full post details)
  #220 (permalink)
 SBtrader82 
Rovigo (ITALY)
 
Experience: Intermediate
Platform: SierraChart, MotiveWave
Broker: Rithmic, Dorman, Interactive Brokers
Trading: Emini, Nasdaq, DAX, Bund, IBEX
 
SBtrader82's Avatar
 
Posts: 435 since Feb 2018
Thanks: 168 given, 962 received


spideysteve View Post
I believe that is for the evaluation only. Itís like trading on sim. Once you pass the evaluation and you are funded, I think the trades are in the market.

No, unfortunately they are not. Also in the funded account the trades do not actually go to the market. A lot of people comment on this, but OneUpt try to avoid stating it explicitly, but if you read their answer to some specific question you will see that they mention this "detail".
Probably they are legit and they only "hedge" the big positions that are not automatically hedged by an opposite position of other traders, like CFD brokers do.
Anyway, personally I don't like CFD and if I trade futures I want to se my order printed on the ladder.

Follow me on Twitter Visit my futures io Trade Journal Reply With Quote
The following 4 users say Thank You to SBtrader82 for this post:
 
(login for full post details)
  #221 (permalink)
Sayounara
Yokohama South Korea
 
 
Posts: 116 since Nov 2012
Thanks: 99 given, 72 received


SamJames View Post
No, unfortunately they are not. Also in the funded account the trades do not actually go to the market. A lot of people comment on this, but OneUpt try to avoid stating it explicitly, but if you read their answer to some specific question you will see that they mention this "detail".
Probably they are legit and they only "hedge" the big positions that are not automatically hedged by an opposite position of other traders, like CFD brokers do.
Anyway, personally I don't like CFD and if I trade futures I want to se my order printed on the ladder.

as long as I'm not risking my own capital, I don't really care whether or not my orders show up on the ladder.

but it'll be interesting to find out I guess. I just got funded and once I'm up and running I'll wait for a slow market when the volumes are thin and place my max allowed size on the extreme side of the ladder, and see whether or not it shows up.

and also I've got my own datafeed from sierrachart, so if the broker does any monkey business with the price I'll know for sure.

if I discover anything I'll post it on my oneuptrader journal here :

Reply With Quote
The following 2 users say Thank You to Sayounara for this post:
 
(login for full post details)
  #222 (permalink)
 SBtrader82 
Rovigo (ITALY)
 
Experience: Intermediate
Platform: SierraChart, MotiveWave
Broker: Rithmic, Dorman, Interactive Brokers
Trading: Emini, Nasdaq, DAX, Bund, IBEX
 
SBtrader82's Avatar
 
Posts: 435 since Feb 2018
Thanks: 168 given, 962 received

Hi Sayounara can you plesse update how it's going with the funded account? Did you blow up? If so how long did it take?

If you did not blow up, could you verify if orders are real? Do they actually get transmitted to the market?

Sam
Sayounara View Post
as long as I'm not risking my own capital, I don't really care whether or not my orders show up on the ladder.

but it'll be interesting to find out I guess. I just got funded and once I'm up and running I'll wait for a slow market when the volumes are thin and place my max allowed size on the extreme side of the ladder, and see whether or not it shows up.

and also I've got my own datafeed from sierrachart, so if the broker does any monkey business with the price I'll know for sure.

if I discover anything I'll post it on my oneuptrader journal here :

Sent using the futures.io mobile app

Follow me on Twitter Visit my futures io Trade Journal Reply With Quote


futures io Trading Community Trading Reviews and Vendors > List of FIO traders who have passed the TST combine or funded


Last Updated on September 13, 2020


Upcoming Webinars and Events

NinjaTrader Indicator Challenge!

Ongoing

Journal Challenge w/$1,800 in prizes!

May 7

EdgeProX - A Simple Choice For The Active Trader w/Morad Askar @ Edge Clear …

Elite only

The Cold Hard Truth: Maybe I Am Not Good Enough w/Chris Gray @ Earn2Trade

Elite only
     



Copyright © 2021 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada), 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