Considering the variety of platforms that one can choose from to complete the combine, does this vary the results unfairly by any chance? The fill algorithms differ on all platforms so would that not unbalance the results?
For example, some fill engines may fill orders faster than others..
I am curious as to whether topsteptrader has considered introducing s5 trader as a platform option? Would this be possible in any way? I think it is a great platform and it is able use the jigsaw DOM which is extremely important to me, otherwise I am limited to ninjatrader.
What license key would be needed to do a combine please? My NT license key has expired and I understand that Topstep provides combines user with a key, so no need to pay for a live NT key in that case.
The following user says Thank You to dom64 for this post:
I am seriously considering a continuous custom combine, however there is one remaining issue that I just noticed which will put me out of considering this.
It is stated on your website that as funded traders we can not hold positions through many different new releases. But if I undertake a custom combine and am successful while holding through these releases, does it not make sense to be able to hold positions through news when funded also? As it would essentially alter the strategy/trading plan used to successfully complete the combine in the first place?
I do not understand why you can hold through news during the combine, but then the rules are changed once funded?
If I can hold through news once funded then I would like to start a continuous custom combine, otherwise I will not be able to.
Platform: NinjaTrader, CTS (T4), Siera Chart, Market Delta, Esignal, FXCM, R trader Pro
Favorite Futures: ALL- Futures, Forex, Equities
Posts: 183 since Feb 2013
Thanks: 36 given,
nourozi- If our Combine participants chose to hold positions into economic releases, most of them find that it is very difficult if not impossible to profit from it with any consistency, is more risk than it is worth, and is more gambling than trading. Most traders need to find this out for themselves, so we allow it in the Combine where they aren't risking thousands of dollars to learn this lesson.
When a trader is successful in the Combine and holding positions into releases is only part of their strategy, they would have the opportunity to be funded and when enough equity is built in the account, holding into releases may be approved.
I 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.
The following 2 users say Thank You to TopstepTrader for this post:
I have a small group of colleagues/students that maintain contact throughout the trading day via Skype. Two of my students recently passed the combine, but were asked to go through the live trader prep. Both passed the continuous 50K combine. I am transitioning from my live account to a TopStep account and hope to complete a continuous combine as they have, thus I have a few inquiries...
1. Can you share some specific reasons as to why some people might be asked to go through the live trader prep?
2. What percentage of those that pass the combine are asked to also go through the live trader prep?
3. Once the TopStep Team has approved someone for funding, how long does it normally take to get his/her account?
4. How many active funded traders do you currently have?
5. What percentage of traders that make it to the funded traders level are able to maintain at that level, and what percentage fall back to the combine level?
6. Is there a limit to how many funded traders your equity partner will fund? There seems to be many more people passing the combine as of late.
Of course, in the words of Humpty Dumpty Humphrey... (see below)
"If we don't loosen up some money, this sucker is going down." -GW Bush, 2008
“Lack of proof that something is true does not prove that it is not true - when you want to believe.” -Humpty Dumpty, 2014
“The greatest shortcoming of the human race is our inability to understand the exponential function.” Prof. Albert Bartlett
The following user says Thank You to Zondor for this post:
Luckily @Zondor, no one forces you to use their service. You are also free to start your own service to address any short coming you find in the marketplace. Instead of just complaining, I mean, you can be productive.
I've seen some traders blow six figure accounts in days. I've also seen others take twenty combines from TST.
Having witnessed this macro view, I think TST helps more than it hurts. If I didn't feel that way then I wouldn't allow them to be a site sponsor. They certainly aren't for everyone. I don't agree with all their decisions. But like I said, I do believe they help people overall.
You might try Elite Trader if you thrive on negativity. Leave it off futures.io (formerly BMT). Just move on already.
Sent from my phone
Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.
Need help? 1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first. 2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses. 3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make. 4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance. 5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers. 6) Help using the forum? Watch this video to learn general tips on using the site.
If you want to support our community, become an Elite Member.
The following 8 users say Thank You to Big Mike for this post: