TopstepTrader's Michael Patak (Founder) - Ask Me Anything (AMA) - Vendors and Product Reviews | futures io social trading
futures io futures trading


TopstepTrader's Michael Patak (Founder) - Ask Me Anything (AMA)
Started: by Big Mike Views / Replies:129,635 / 943
Last Reply: Attachments:20

Welcome to futures io.

Welcome, Guest!

This forum was established to help traders (especially futures traders) by openly sharing indicators, strategies, methods, trading journals and discussing the psychology of trading.

We are fundamentally different than most other trading forums:
  • We work extremely hard to keep things positive on our forums.
  • We do not tolerate rude behavior, trolling, or vendor advertising in posts.
  • We firmly believe in openness and encourage sharing. The holy grail is within you, it is not something tangible you can download.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.


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, and we will never resell your private information.

-- Big Mike

Reply
 20  
 
Thread Tools Search this Thread
 

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

  #741 (permalink)
grappling dummy
Hawaii at the beach
 
Futures Experience: Intermediate
Platform: Ninjatrader, TOS
Broker/Data: S5
Favorite Futures: ES, fine alcohol and muscle cars
 
KahunaDog's Avatar
 
Posts: 453 since Apr 2013
Thanks: 934 given, 318 received


emini2000 View Post
Using a little deductional thinking here, I may be wrong, but since the "Always implement stops with an open position" was removed, that doesn't sound like you have to have a stop. And since you don't have to have one, I assume it wouldn't matter when you actually placed it if you wanted to use one.

Edit.
I must've missed that point on the rules change.
You may not have intended to but your comment is facetious.

I always use a hard stop loss. I also Always try to beat my stop loss if the market gives me the eject signal. The issue is once in awhile I don't have ATM entered then I manually input it in.

Reply With Quote
 
  #742 (permalink)
Trading for Profit
Atlanta GA USA
 
Futures Experience: Advanced
Platform: thinkorswim/Ninja Trader
Favorite Futures: stock options; ES, TF, 6E, 6J
 
Posts: 204 since Aug 2013
Thanks: 47 given, 188 received


KahunaDog View Post
Edit.
I must've missed that point on the rules change.
You may not have intended to but your comment is facetious.

I always use a hard stop loss. I also Always try to beat my stop loss if the market gives me the eject signal. The issue is once in awhile I don't have ATM entered then I manually input it in.

Nothing facetious about it at all. Just answering your question. And it seems I got it correct.

Believe me, I can be facetious. And when I do it's obvious.

Reply With Quote
 
  #743 (permalink)
Trading for Profit
Atlanta GA USA
 
Futures Experience: Advanced
Platform: thinkorswim/Ninja Trader
Favorite Futures: stock options; ES, TF, 6E, 6J
 
Posts: 204 since Aug 2013
Thanks: 47 given, 188 received


Due to the fact that I am with Infinity, I use their DOM to trade with and don't use their Sierra Charts. I can't use that DOM for the TST combine. I see I can use the RTrader though, but TST says RTrader PRO. Does it really matter whether it's the PRO or the 'normal' DOM? I imagine the PRO has to do with the charting package, not the DOM itself. I assume even if I do a trial with a RTrader DOM for a month, I can still login using the TST login on that DOM.

Answers anyone?

Reply With Quote
 
  #744 (permalink)
Trading Apprentice
Bangalore+India
 
Futures Experience: Intermediate
Platform: MetaTrader and Tradestation
Favorite Futures: Forex and Stocks
 
Posts: 36 since Aug 2015
Thanks: 4 given, 20 received


emini2000 View Post
Well it was around 8pm Tuesday, right? So if filled out then, should have something by 8pm tonight. They did say within 48 hours, which I assume means they send it out manually. But the way the two webinars have gone, I wouldn't hold my breath.

Have you traded combine before and the same question to others discussing this topic.
Cos I did receive a mail with the code but guess most of us ain't eligible cos it says that it's for new customers and those who have bought $1 combine before (I bought once in November) are not eligible either. It took 3 months, from November till Jan to save up for the next combine cos I blew my first full paid and the dollar one combine too and now I blew the recent one too, all 50K combines ... Also I went the distance to attend the webinar twice and with my time zone, I need to move a lot of stuff. But still am hoping they will make an exception cos this way people who are already close to cracking combine and getting funded might just be able to. For me it's way too costly to pay for combine again and again and it takes a while before I save up enough to pay cos I am from India and our economy is like that. Hope they really allow all of us to take this opportunity.


Last edited by pavanb15589; February 26th, 2016 at 04:46 AM.
Reply With Quote
 
  #745 (permalink)
Market Wizard
Sarasota FL
 
Futures Experience: Intermediate
Platform: NinjaTrader, Sierra Chart
Favorite Futures: ES
 
Posts: 3,604 since Jan 2013
Thanks: 26,325 given, 10,987 received
Forum Reputation: Legendary

futures io Member Poll

How many trading buddies do you follow or share with?

 
If anyone didn't read the fine print on the email for the Combine coupon (I didn't, at first), the terms of the offer are for new customers only:

--------------

*Offer valid for new customers only on the first month of any size Trading Combine. If you have already purchased a Combine for $1, you are not eligible to use this code. We reserve the right to close an account if we believe this discount has been used multiple times by the same person or if the code has been shared with another trader.

Terms and conditions for this offer:

To activate this offer: Enter the promotional code at checkout before February 28, 2016.
Visit online or call 888.407.1611 7am-6pm CT, Mon-Fri. before February 28, 2016 to redeem the credit. Please use offer code:
Your subscription renews automatically every 30 days unless you meet the objective or cancel before next bill date.

---------------

(I deleted the code, obviously )

It's a great deal to have your pick of any Combine for a dollar, but be advised that they are only giving this to new people, which makes perfect sense from their standpoint. They are having a promotion to increase their customer base, and it's extremely generous.

Yeah, it's disappointing if you're not a newby. But that's the deal.

Bob.

Edit: I am not in any way an official source for TST, and suggest any questions should go to their excellent support email, support@topsteptrader.com , or call at the number given.


Last edited by bobwest; February 26th, 2016 at 07:02 AM.
Reply With Quote
 
  #746 (permalink)
Market Wizard
Sarasota FL
 
Futures Experience: Intermediate
Platform: NinjaTrader, Sierra Chart
Favorite Futures: ES
 
Posts: 3,604 since Jan 2013
Thanks: 26,325 given, 10,987 received
Forum Reputation: Legendary


emini2000 View Post
Due to the fact that I am with Infinity, I use their DOM to trade with and don't use their Sierra Charts. I can't use that DOM for the TST combine. I see I can use the RTrader though, but TST says RTrader PRO. Does it really matter whether it's the PRO or the 'normal' DOM? I imagine the PRO has to do with the charting package, not the DOM itself. I assume even if I do a trial with a RTrader DOM for a month, I can still login using the TST login on that DOM.

Answers anyone?

I would email TST at support@topsteptrader.com or call at 888.407.1611 for any questions like this.

Bob.

Reply With Quote
The following user says Thank You to bobwest for this post:
 
  #747 (permalink)
Elite Member
Wrocław, Poland
 
Futures Experience: Intermediate
Platform: NinjaTrader, Racket
Favorite Futures: Ockham's razor
 
gregid's Avatar
 
Posts: 651 since Aug 2009
Thanks: 321 given, 601 received


bobwest View Post
To activate this offer: Enter the promotional code at checkout before February 28, 2016.
Visit online or call 888.407.1611 7am-6pm CT, Mon-Fri. before February 28, 2016 to redeem the credit.

This part is a bit confusing (before February 28). In other part of the same message we have:

Quoting 
HURRY, the code expires Sunday, 2/28 at 11:59pm CT!

Which I believe is the right expiration time - but don't take my word for it.

Reply With Quote
 
  #748 (permalink)
Elite Member
ITAJAI SC/BRAZIL
 
Futures Experience: Beginner
Platform: NinjaTrader
Broker/Data: Clear Corretora
Favorite Futures: DOLFUT, WINFUT
 
Posts: 180 since Jun 2014
Thanks: 755 given, 130 received

Cupom


MrTrader View Post
I think the limit time is 48h... would it be... tomorrow?

got it.

Reply With Quote
 
  #749 (permalink)
Trading for Profit
Atlanta GA USA
 
Futures Experience: Advanced
Platform: thinkorswim/Ninja Trader
Favorite Futures: stock options; ES, TF, 6E, 6J
 
Posts: 204 since Aug 2013
Thanks: 47 given, 188 received

Say you hit your loss limit in the middle of a month, and you reset and pay the $100, are you still charged for the combine again at your level at the end of the month, or have you effectively got the next 4 weeks for $100?

Reply With Quote
 
  #750 (permalink)
Market Wizard
Sarasota FL
 
Futures Experience: Intermediate
Platform: NinjaTrader, Sierra Chart
Favorite Futures: ES
 
Posts: 3,604 since Jan 2013
Thanks: 26,325 given, 10,987 received
Forum Reputation: Legendary



emini2000 View Post
Say you hit your loss limit in the middle of a month, and you reset and pay the $100, are you still charged for the combine again at your level at the end of the month, or have you effectively got the next 4 weeks for $100?

Have you gotten the next 4 weeks for $100? Nope.

From the main info page ( https://www.topsteptrader.com/learnmore#learnmore-combine-info ):

"You may reset this account at any time for $100 by clicking on the "Reset" button on your Trade Report. This will reset your starting balance and rules, but will not change your monthly billing date. "

You basically wipe out all your results so you can start the Combine over, but you don't start over in terms of your payment schedule.

You can also cancel the Combine. (It will end when your normal time is up.) After cancelling, you can then start a new Combine. You have to figure out the balance between time and money to see what the best thing is for you.

Bob.

Reply With Quote
The following user says Thank You to bobwest for this post:

Reply



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

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)
 

Market Analysis w/Dave Forss @ IQFeed

Apr 25
 

Introducing iSystems with Stage 5 Trading

Apr 27

*NEW* FIO Journal Challenge featuring NinjaTrader ($2,000+ of prizes)

May

Prototyping Python Strategies (part 2) w/Ran Aroussi

Elite only

Ask Me Anything w/Raymond Deux @ NinjaTrader

May 3

An Afternoon with FIO member Softsoap

Elite only
 

Machine Learning & Data Mining Bias w/Kris Longmore @ Robot Wealth

Elite only

Brannigan Barrett (TBA)

Elite only

FIO member Gomi (TBA)

Elite only

FuturesTrader71 (TBA)

Elite only

EasyLanguage Programming w/Chris @ ABC Trading Group

Elite only

Portfolio Diversification w/Brendon Delate

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Webinar: TopstepTrader on Discipline/Psychology (Michael Patak and John Hoagland) Big Mike Psychology and Money Management 24 July 1st, 2016 11:45 PM
Patak Trading Partners Tundi Vendors and Product Reviews 13 November 17th, 2015 10:47 AM
Michael A.K.A Mitchell is here CaesarMitchell Beginners and Introductions 1 August 13th, 2015 03:04 AM
Webinar: TopstepTrader Michael Patak and Bob Iaccino on Mastering Candlestick Math Big Mike Vendors and Product Reviews 10 January 19th, 2015 11:49 PM
Michael' Surf Ride2021 Beginners and Introductions 1 September 29th, 2012 02:08 PM


All times are GMT -4. The time now is 04:31 AM.

no new posts
Page generated 2017-04-25 in 0.11 seconds with 20 queries on phoenix via your IP 54.225.15.88