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Anybody heard of topsteptrader (review)


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Anybody heard of topsteptrader (review)

  #411 (permalink)
Topstep
Chicago, IL
 
Posts: 293 since Feb 2013
Thanks Given: 77
Thanks Received: 746

Guys I am here for any questions.

Darkpool to answer your question. Doing the math or not we are looking for traders to produce. The Combine allows us to find those traders. It also allows those to develop who are not able to "naturally" meet the profit target. You should never force it. If you are forcing it you are not focusing on your trading. You are focusing on the profit target which is only PART of the objective. The Combine Objective is to "Follow the Rules" (which are basics fundamental rules that traders should have in their trading plan) and meet or exceed the profit target. If you didn't hit the profit you but met the rules you are rolling over or moving on in your life at no cost. Traders develop by being in the market this is helping them develop.

We could pick apart every little detail and miss the fact that this opportunity is to help us find traders and help others create, test, and prove their trading strategy, without risking REAL trading capital. That is our offer. There is incredible talent out there that does not have the chance to develop properly or showcase themselves in front of anyone that is able to help them move them forward. We are a solution and an available option for these traders.

mp

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  #412 (permalink)
 
Chrismind's Avatar
 Chrismind 
Houston, TX/USA
 
Experience: Beginner
Platform: Sierra Chart
Broker: Sierra Charts Data Feed
Trading: Futures
Posts: 68 since May 2013
Thanks Given: 40
Thanks Received: 101

Darkpool,
That wasn't quite the answer I had hoped for either. Anyways, they giveth and they taketh. Some of the new rules make it easier, some more difficult.

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  #413 (permalink)
 
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 Big Mike 
Manta, Ecuador
Site Administrator
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Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
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Chrismind View Post
Darkpool,
That wasn't quite the answer I had hoped for either. Anyways, they giveth and they taketh. Some of the new rules make it easier, some more difficult.

I think it is fair to mention that I've worked with a bunch of trading related companies over the past 4 years on futures.io (formerly BMT), and TST is actually one of the most accommodating and receptive ones I can think of.

I do not agree with all of their decisions, nor do I have approval or voting rights over how they run their business. But I think I have a good business relationship with all the guys over there, and I do candidly share my thoughts with them from time to time, even when they don't ask

Bottom line, I think so long as you are professional with them about any concerns you have and you propose alternatives to issues you view as hindrances, they will usually listen and try to accommodate you.

Mike

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  #414 (permalink)
Topstep
Chicago, IL
 
Posts: 293 since Feb 2013
Thanks Given: 77
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Big Mike View Post
I think it is fair to mention that I've worked with a bunch of trading related companies over the past 4 years on futures.io (formerly BMT), and TST is actually one of the most accommodating and receptive ones I can think of.

I do not agree with all of their decisions, nor do I have approval or voting rights over how they run their business. But I think I have a good business relationship with all the guys over there, and I do candidly share my thoughts with them from time to time, even when they don't ask

Bottom line, I think so long as you are professional with them about any concerns you have and you propose alternatives to issues you view as hindrances, they will usually listen and try to accommodate you.

Mike

Thanks Mike.

As stated we typically will accommodate and work with those that feel the standard Combine Rules do not fit their style by asking them to submit a Custom Combine proposal. All traders have the option to call and propose alternate rules or profit targets with a member of our team. This is our Custom Combine option. If interested please call our main line to discuss further. 312.252.9490.

mp

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  #415 (permalink)
 
Chrismind's Avatar
 Chrismind 
Houston, TX/USA
 
Experience: Beginner
Platform: Sierra Chart
Broker: Sierra Charts Data Feed
Trading: Futures
Posts: 68 since May 2013
Thanks Given: 40
Thanks Received: 101


Big Mike View Post
I think it is fair to mention that I've worked with a bunch of trading related companies over the past 4 years on futures.io (formerly BMT), and TST is actually one of the most accommodating and receptive ones I can think of.

I do not agree with all of their decisions, nor do I have approval or voting rights over how they run their business. But I think I have a good business relationship with all the guys over there, and I do candidly share my thoughts with them from time to time, even when they don't ask

Bottom line, I think so long as you are professional with them about any concerns you have and you propose alternatives to issues you view as hindrances, they will usually listen and try to accommodate you.

Mike

Just to be clear, I wasn't questioning the company or people. I was just anticipating an answer with the same detail that was in the darkpool's post, since this was an AMA type thread. No biggie. Looking back at DP's post, he didn't actually ask a question, so I shouldn't have waited for an answer LOL. And they still have a custom combine, as was just mentioned. I actually like the new combine requirements. It suits my style of trading more than the current rules.

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  #416 (permalink)
 aircal 
Keller, TX USA
 
Experience: Intermediate
Platform: Tradestation, NinjaTrader
Trading: YM, ES, CL
Posts: 45 since Sep 2010
Thanks Given: 2
Thanks Received: 40

Now if they could just get their Ninja s*** together - I have been hearing Real Soon Now for about it year, it reminds me of waiting for NT7...

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  #417 (permalink)
Topstep
Chicago, IL
 
Posts: 293 since Feb 2013
Thanks Given: 77
Thanks Received: 746

For anyone that needs a bit more clarity on the changes regarding Minimum Account Balance here is a graph and a link to the description: (as you will notice when trading as a funded trader the further away you get from your initial balance the greater negotiating powers you will have for increasing your size and daily loss limit, as well as the opportunity to trade other products and/or markets)



Minimum Balance Defined ? Help & Feedback Center

mp

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  #418 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,399 since Jun 2009
Thanks Given: 33,175
Thanks Received: 101,541

TopstepTrader will be doing a combination webinar+AMA on Tuesday, November 5th @ 4:30 PM Eastern.

More info here:


Mike

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  #419 (permalink)
 
Chrismind's Avatar
 Chrismind 
Houston, TX/USA
 
Experience: Beginner
Platform: Sierra Chart
Broker: Sierra Charts Data Feed
Trading: Futures
Posts: 68 since May 2013
Thanks Given: 40
Thanks Received: 101

NinjaTrader is now supported by TsT. Yes, you heard right. Enjoy

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  #420 (permalink)
Bharatiya
ND, India
 
Posts: 46 since Feb 2010
Thanks Given: 285
Thanks Received: 47


Any updates regarding TopStepTrader.

Has anybody able to get any withdrawl / cheque or seen anyone got any??
Just wanted to know if traders complete all the matrix does patak keep their side of promise . I know its an old topic but they have been into this from last 3+ years there must be some feedback by now from their current/old traders.

Thanks

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