TopstepTrader's Michael Patak (President) - Ask Me Anything (AMA) (Page 40) - Vendors and Product Reviews | futures.io
futures.io futures trading
 

Go Back   futures.io

> Futures Trading, News, Charts and Platforms > Traders Hideout > Vendors and Product Reviews


TopstepTrader's Michael Patak (President) - Ask Me Anything (AMA)
Started:February 8th, 2013 (07:49 PM) by Big Mike Views / Replies:112,327 / 862
Last Reply:November 29th, 2016 (11:51 AM) Attachments:14

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
 14  
 
Thread Tools Search this Thread

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

Old August 14th, 2014, 06:59 PM   #391 (permalink)
Elite, not Elitist :)
San Diego
 
Futures Experience: Beginner
Platform: NinjaTrader
Broker/Data: AMP / CQG
Favorite Futures: CL, ES, NQ
 
BeachTrader's Avatar
 
Posts: 339 since Nov 2011
Thanks: 153 given, 395 received


TopstepTrader View Post
ratfink- I wish I had an update but I do not at this time. We have some major updates to the site happening later this week or early next week, but no updates on new products.

mp


Does that mean no TF still? That is what I primarily trade so I am looking for a firm like Topstep that offers it. Apologies if you addressed this earlier. I have not read the entire thread.

Thanks

Reply With Quote
     

Old September 1st, 2014, 06:10 AM   #392 (permalink)
Elite Member
Johannesburg - South Africa
 
Futures Experience: Intermediate
Platform: Self built + Sierra + TWS
Favorite Futures: Stocks and Options
 
DarkPoolTrading's Avatar
 
Posts: 1,018 since May 2012
Thanks: 1,183 given, 1,259 received


TopstepTrader View Post
ratfink- I wish I had an update but I do not at this time. We have some major updates to the site happening later this week or early next week, but no updates on new products.

mp

Hi Michael,

As far as im aware you don't have any dates yet for new products to be added (no problem, im sure this is a big process with a lot of moving parts and cost implications). But are you able to tell us which products or exchanges you would be targeting first, even if you dont have a timeline?

Many thanks.

You don’t trade the markets; you only trade your beliefs about the markets.
- Van K Tharp
Reply With Quote
     
The following user says Thank You to DarkPoolTrading for this post:
     

Old September 3rd, 2014, 01:13 PM   #393 (permalink)
 Vendor: www.topsteptrader.com 
Chicago, IL
 
Futures Experience: Advanced
Platform: NinjaTrader, CTS (T4), Siera Chart, Market Delta, Esignal, FXCM, R trader Pro
Favorite Futures: ALL- Futures, Forex, Equities
 
TopstepTrader's Avatar
 
Posts: 189 since Feb 2013
Thanks: 40 given, 574 received



DarkPoolTrading View Post
Hi Michael,

As far as im aware you don't have any dates yet for new products to be added (no problem, im sure this is a big process with a lot of moving parts and cost implications). But are you able to tell us which products or exchanges you would be targeting first, even if you dont have a timeline?

Many thanks.

DarkPoolTrading- We try to keep future plans private. We will update all our traders via email and I will post in futures.io (formerly BMT) when we launch anything.

Thanks,

mp

If you have any questions about our products or services at TopstepTrader, please send me a Private Message or use the BMT "Ask Me Anything" thread.
Reply With Quote
     
The following user says Thank You to TopstepTrader for this post:
     

Old September 4th, 2014, 06:18 PM   #394 (permalink)
Elite Member
Des Moines, Iowa
 
Futures Experience: None
Platform: Ninja, TOS
Broker/Data: AMP/CQG, TOS
Favorite Futures: CL, TF, GC
 
madLyfe's Avatar
 
Posts: 1,635 since Feb 2011
Thanks: 9,208 given, 1,003 received

i would like to see TST have a public google calendar for news events(the red important ones that you want traders to be on the sidelines for) so that traders can add it to their calendars and keep them in sync. this would allow for all of the alerts etc that are so common now with phones/tabs/browsers etc. i dont think that it would take much effort. you could put the little 'add to calendar' button in the profile area of traders and those areas of the TST site that are referenced.

dont believe anything you hear and only half of what you see

¯\_(ツ)_/¯

(╯°□°)╯︵ ┻━┻
Reply With Quote
     
The following user says Thank You to madLyfe for this post:
     

Old September 5th, 2014, 12:48 PM   #395 (permalink)
Elite Member
Baltimore MD US
 
Futures Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: ES, NQ
 
DeadCatBounced's Avatar
 
Posts: 282 since Apr 2013
Thanks: 1,513 given, 581 received

Futures Edge on FIO
When i passed my combine during the discussion for Live Trader Prep I was given the following economic calendar. Basically any news events with a red dot beside them you need to be out of the market for and if you trade CL also need to be out of the market on EIA reports

Econoday Calendar : Economic Events and Analysis

Hope that helps @madLyfe!

Reply With Quote
     

Old September 5th, 2014, 02:46 PM   #396 (permalink)
Elite Member
Des Moines, Iowa
 
Futures Experience: None
Platform: Ninja, TOS
Broker/Data: AMP/CQG, TOS
Favorite Futures: CL, TF, GC
 
madLyfe's Avatar
 
Posts: 1,635 since Feb 2011
Thanks: 9,208 given, 1,003 received


DeadCatBounced View Post
When i passed my combine during the discussion for Live Trader Prep I was given the following economic calendar. Basically any news events with a red dot beside them you need to be out of the market for and if you trade CL also need to be out of the market on EIA reports

Econoday Calendar : Economic Events and Analysis

Hope that helps @madLyfe!

yes, i know. them running their own calendar that people can sync with their own would be a better way to go. they already keep a calendar for events/announcements. they should add that one in there too.

dont believe anything you hear and only half of what you see

¯\_(ツ)_/¯

(╯°□°)╯︵ ┻━┻
Reply With Quote
     

Old September 5th, 2014, 06:25 PM   #397 (permalink)
 Vendor: www.topsteptrader.com 
Chicago, IL
 
Futures Experience: Advanced
Platform: NinjaTrader, CTS (T4), Siera Chart, Market Delta, Esignal, FXCM, R trader Pro
Favorite Futures: ALL- Futures, Forex, Equities
 
TopstepTrader's Avatar
 
Posts: 189 since Feb 2013
Thanks: 40 given, 574 received


madLyfe View Post
i would like to see TST have a public google calendar for news events(the red important ones that you want traders to be on the sidelines for) so that traders can add it to their calendars and keep them in sync. this would allow for all of the alerts etc that are so common now with phones/tabs/browsers etc. i dont think that it would take much effort. you could put the little 'add to calendar' button in the profile area of traders and those areas of the TST site that are referenced.

Hey madLyfe, you are able to trade during economic releases in the Combine. However, as a Junior Trader our equity partner does like to see you build up your account balance before you start risking trades around economic releases. You can view a calendar of economic releases for Junior Traders using the link below.

Junior Trader: Economic Release Calendar ? Help & Feedback Center

Hope that helps.

If you have any questions about our products or services at TopstepTrader, please send me a Private Message or use the BMT "Ask Me Anything" thread.
Reply With Quote
     
The following user says Thank You to TopstepTrader for this post:
     

Old September 5th, 2014, 07:04 PM   #398 (permalink)
Elite Member
Des Moines, Iowa
 
Futures Experience: None
Platform: Ninja, TOS
Broker/Data: AMP/CQG, TOS
Favorite Futures: CL, TF, GC
 
madLyfe's Avatar
 
Posts: 1,635 since Feb 2011
Thanks: 9,208 given, 1,003 received


TopstepTrader View Post
Hey madLyfe, you are able to trade during economic releases in the Combine. However, as a Junior Trader our equity partner does like to see you build up your account balance before you start risking trades around economic releases. You can view a calendar of economic releases for Junior Traders using the link below.

Junior Trader: Economic Release Calendar ? Help & Feedback Center

Hope that helps.

thanks for the explanation @TopstepTrader. i know about that calendar as well. ive been following the forexfactory one because i can set the view i want and timezone by a free account there and just pin it as a tab in my browser. you guys have TST events and things besides economic news that i get via email. i just think you should maintain one or two public calendars that people can just sync with their own calendars like googles. you could have a TST event cal and one for the major econ events. almost an effort v reward kinda thing, little effort and large reward.

dont believe anything you hear and only half of what you see

¯\_(ツ)_/¯

(╯°□°)╯︵ ┻━┻
Reply With Quote
     
The following user says Thank You to madLyfe for this post:
     

Old September 9th, 2014, 11:06 AM   #399 (permalink)
 Vendor: www.topsteptrader.com 
Chicago, IL
 
Futures Experience: Advanced
Platform: NinjaTrader, CTS (T4), Siera Chart, Market Delta, Esignal, FXCM, R trader Pro
Favorite Futures: ALL- Futures, Forex, Equities
 
TopstepTrader's Avatar
 
Posts: 189 since Feb 2013
Thanks: 40 given, 574 received

[Company Update] 74% drop in Commissions

All,

We're committed to helping traders succeed, and one of the biggest obstacles is "the cost of doing business." So, we've forged a partnership with NinjaTrader Brokerage to significantly LOWER COMMISSIONS ACROSS THE BOARD, which will go into effect immediately (starting September 8, 2014) for all Combine (currently active and new accounts) and Funded Trading Accounts.

These industry low commissions are ALL IN, so you don't have to calculate exchange fees, regulatory fees, platform fees, FCM fees, IB fees, and any other fee under the sun.

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


*The commission rate example displayed above is for new Funded Traders who own a NinjaTrader lifetime license and are using the Rithmic data feed, trading ES. Click here to view Funded Trader's commission and fee structure for all platforms and NinjaTrader license levels.

For example, as a Funded Trader trading the ES, under the old structure, if you traded 100 contracts (50 RT), you would have paid $417 in commissions and fees. Under the new structure, you will pay only $184. For every 100 contracts you trade, that's an additional $233 in savings!

We look forward to seeing how the lower commissions and fees help your trading and profitability! If you have any questions, please contact support@topsteptrader.com or 888.407.1611.

Trade well,

The TopstepTrader Team

If you have any questions about our products or services at TopstepTrader, please send me a Private Message or use the BMT "Ask Me Anything" thread.
Reply With Quote
     
The following 5 users say Thank You to TopstepTrader for this post:
     

Old October 22nd, 2014, 09:20 PM   #400 (permalink)
Trading for Fun
London/UK
 
Futures Experience: Beginner
Platform: JigSaw, NT
Favorite Futures: zc
 
TurismoTek's Avatar
 
Posts: 78 since Sep 2014
Thanks: 228 given, 120 received


Does TST allow junior or senior traders to trade Eurex products, specifically interested in euro-bund?

Reply With Quote
     

Reply



futures.io > Futures Trading, News, Charts and Platforms > Traders Hideout > Vendors and Product Reviews > TopstepTrader's Michael Patak (President) - Ask Me Anything (AMA)

Thread Tools Search this Thread
Search this Thread:

Advanced Search



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

NinjaTrader 8: Features and Enhancements, Tips and Tricks

Dec 6
 

Al Brooks: Stop Losing when a Good Trade goes Bad, Correcting Mistakes

Elite only
 

Trading Technologies: Algo Design Lab hands-on

Dec 13
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
CTS T4's Brian Murphy (Director of Business Development) - Ask Me Anything (AMA) Big Mike Brokers and Data Feeds 126 August 2nd, 2016 11:19 AM
Webinar: TopstepTrader on Discipline/Psychology (Michael Patak and John Hoagland) Big Mike Psychology and Money Management 24 July 2nd, 2016 12:45 AM
Order Flow Analytics' D.B. Vaello (President) - Ask Me Anything (AMA) Big Mike Vendors and Product Reviews 118 March 7th, 2016 02:07 AM
Patak Trading Partners Tundi Vendors and Product Reviews 13 November 17th, 2015 11:47 AM
Michael' Surf Ride2021 Beginners and Introductions 1 September 29th, 2012 03:08 PM


All times are GMT -4. The time now is 02:22 PM.

Copyright © 2016 by 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

Page generated 2016-12-04 in 0.14 seconds with 20 queries on phoenix via your IP 54.157.224.64