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

  #481 (permalink)
Trading for Profit
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Could anybody tell me as of now a full list of what instruments can be traded now during the combine?

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  #482 (permalink)
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emini2000 View Post
Could anybody tell me as of now a full list of what instruments can be traded now during the combine?

Permissible Products/Times to Trade ? Help & Feedback Center

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  #483 (permalink)
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Combine and LTP requirements


Good evening Michael and maybe John can answer here as well. My question is how do you decide what combine recruits go through LTP and which ones do not if I may ask?

If a recruit puts in the combine + LTP total $$ using LTP rules, should a recruit be required to do LTP?

I am of course being somewhat self serving here Boss.


Last edited by t0030tr; March 25th, 2015 at 01:14 AM. Reason: correction
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  #484 (permalink)
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SEC filings

As part of due diligence I want to know the CEO compensation of a publicly traded company. I would think this info is filed with the SEC. Can you tell me what forms to search for and the best websites to search? Thanks DAve H

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  #485 (permalink)
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t0030tr View Post
Good evening Michael and maybe John can answer here as well. My question is how do you decide what combine recruits go through LTP and which ones do not if I may ask?

If a recruit puts in the combine + LTP total $$ using LTP rules, should a recruit be required to do LTP?

I am of course being somewhat self serving here Boss.

Hello "T"

The Traders who are asked to perform in the Funded Trader Preparation are mainly asked for more information due to an inconsistency in their trading metrics. Large swings in volume, wins vs. losses, risk/reward and overall win percentage to name a few. It's less about the money and more about risk control and consistency.

Hoag

If you have any questions about our Trading Combine or the opportunity to get funded through TopstepTrader, please visit www.topsteptrader.com or contact us at support@topsteptrader.com or 888.407.1611.
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  #486 (permalink)
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Hoag View Post
Hello "T"

The Traders who are asked to perform in the Funded Trader Preparation are mainly asked for more information due to an inconsistency in their trading metrics. Large swings in volume, wins vs. losses, risk/reward and overall win percentage to name a few. It's less about the money and more about risk control and consistency.

Hoag

But way LTP is different than Combine ?
On Monday I heard that LTP is not continues like Combine.

Its another thing that Combine trader must change.

In Combine we trade one way.
In LTP we need to trade other way.

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  #487 (permalink)
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Hoag View Post
Hello "T"

The Traders who are asked to perform in the Funded Trader Preparation are mainly asked for more information due to an inconsistency in their trading metrics. Large swings in volume, wins vs. losses, risk/reward and overall win percentage to name a few. It's less about the money and more about risk control and consistency.

Hoag

Ugh, thanks for the reply John, I figured you would say something like that. Alright see you in LTP/FTP sir.

BTW have always wanted to spend some training time with you, just haven't had the time.. It will still happen though at some point.

Thanks, again John

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  #488 (permalink)
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lemons View Post
But way LTP is different than Combine ?
On Monday I heard that LTP is not continues like Combine.

Its another thing that Combine trader must change.

In Combine we trade one way.
In LTP we need to trade other way.

I don't think that is the case Lemons. The way to trade for TST remains the same always. Remain profitable.

If you have the skill versatility as a trader to pass a combine, I am sure LTP/FTP will come easy. After all, if you can be profitable conforming to someone else's trading standards, a change in standards won't matter all that much. It then becomes just a matter of time.

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  #489 (permalink)
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I really like the challenge. I've become more disciplined and technical, and less discretionary. Which is how I would need to be trading an underfunded account of my own. I would really like the chance to get funded just because there is a lot of great mentorship available with TST, and looking at the rules and target, it really doesn't seem to hard to me. It's all about sizing positions for the size of the account, sticking to your stoploss, and finding a way of trying to stay out of bad trades.

To any other TST guys, I'm AndrewGar95 in the squawk radio room. Usually in a few days a week, sometimes I'm zoned in enough I don't go in. Or listening to Tasty Trade.

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  #490 (permalink)
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t0030tr View Post
I don't think that is the case Lemons. The way to trade for TST remains the same always. Remain profitable.

If you have the skill versatility as a trader to pass a combine, I am sure LTP/FTP will come easy. After all, if you can be profitable conforming to someone else's trading standards, a change in standards won't matter all that much. It then becomes just a matter of time.

No.

Combine is continues but LTP is fix to 10 trading days.
Lets say in Continues Combine your average day is 50 $.
Lets say you keep the same average 50 $ day then with
10 days you make 500 $ but passing the LTP you need to
make depending of Combine. 30'000 LTP target is 750 $
50'000 LTP target is 1500$.

You can be successful in many Combines but you can never
pass the LTP with 50 $ daily average.

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