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TopstepTrader's Michael Patak (President) - Ask Me Anything (AMA)
Started:February 8th, 2013 (07:49 PM) by Big Mike Views / Replies:112,458 / 862
Last Reply:November 29th, 2016 (11:51 AM) Attachments:14

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

Old February 22nd, 2016, 05:40 PM   #691 (permalink)
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AMGT View Post
A quick question:

Can NT8 be used on the TST Combine and onwards, if funded?

AMGT,

Yes, you can use NinjaTrader8 for the Combine and the Funded Account.

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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Old February 23rd, 2016, 06:21 PM   #692 (permalink)
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Can someone clarify the 2nd combine or 'preparation' phase? From my understanding, you have a 10 day combine, and if you pass, then you do the 'preparation'. How long is this preparation phase and how does it differ from the initial 10 day combine?

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Old February 23rd, 2016, 06:30 PM   #693 (permalink)
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emini2000 View Post
Can someone clarify the 2nd combine or 'preparation' phase? From my understanding, you have a 10 day combine, and if you pass, then you do the 'preparation'. How long is this preparation phase and how does it differ from the initial 10 day combine?

I believe the Live Trader Prep phase is a lower profit target.... $300 for the $10k Combine
You have 60 days to achieve that profit goal but can ONLY trade 10 days

Sounds ez.. right?


Mike S.

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Old February 23rd, 2016, 06:35 PM   #694 (permalink)
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msull35706 View Post
I believe the Live Trader Prep phase is a lower profit target.... $300 for the $10k Combine
You have 60 days to achieve that profit goal but can ONLY trade 10 days

Sounds ez.. right?


Mike S.

Thanks for your response.

Say I chose the 3 lot combine. It has a profit target of $1500. It says I need to trade a minimum of 10 days. So how long do i have to meet the initial goal? 60 days but can only trade 10 days as you said?

Then, if I pass that one, how much would need to make for the preparation? Using that same 3 lot account. And how long? Just trying to clarify here.

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Old February 23rd, 2016, 06:42 PM   #695 (permalink)
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emini2000 View Post
Thanks for your response.

Say I chose the 3 lot combine. It has a profit target of $1500. It says I need to trade a minimum of 10 days. So how long do i have to meet the initial goal? 60 days but can only trade 10 days as you said?

Then, if I pass that one, how much would need to make for the preparation? Using that same 3 lot account. And how long? Just trying to clarify here.

Phase 1: $30k Combine to make $1.5k profit.
... Trade min 10 days and take as long as you want. You will have to keep paying monthly
fee to continue if taking more than a month to complete [ aka.. continuous combine ]

Phase 2: Live Trader Prep - even though it's still SIM feed
... Trade max 10 days to make $500, please correct me if I'm wrong on that amount.
You have 2 months or 60 days to achieve that smaller profit goal.

If you pass both phases ... YOU BE FUNDED !!!


Mike S

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Old February 23rd, 2016, 06:45 PM   #696 (permalink)
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msull35706 View Post
Phase 1: $30k Combine to make $1.5k profit.
... Trade min 10 days and take as long as you want. You will have to keep paying monthly
fee to continue if taking more than a month to complete [ aka.. continuous combine ]

Phase 2: Live Trader Prep - even though it's still SIM feed
... Trade max 10 days to make $500, please correct me if I'm wrong on that amount.
You have 2 months or 60 days to achieve that smaller profit goal.

If you pass both phases ... YOU BE FUNDED !!!


Mike S

LOL.

Thanks.

And it does sound easy, but apparently it's not.

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Old February 23rd, 2016, 06:52 PM   #697 (permalink)
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emini2000 View Post
LOL.

Thanks.

And it does sound easy, but apparently it's not.

Thx emini.
I know this for I've passed a $10k combine awhile back...

good luck

Mike S.

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Old February 23rd, 2016, 07:01 PM   #698 (permalink)
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@emini2000
@msull35706

There's no longer a 60 day limit on the Funded Trader Prep.

There's a pretty good summary of both the Combine and FTP here:

https://www.topsteptrader.com/learnmore

This has all the rules and ins and outs of both.

Bob.

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Old February 23rd, 2016, 07:02 PM   #699 (permalink)
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bobwest View Post
@emini2000
@msull35706

There's no longer a 60 day limit on the Funded Trader Prep.

There's a pretty good summary of both the Combine and FTP here:

https://www.topsteptrader.com/learnmore

This has all the rules and ins and outs of both.

Bob.

Thx Bob

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Old February 23rd, 2016, 07:07 PM   #700 (permalink)
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bobwest View Post
@emini2000
@msull35706

There's no longer a 60 day limit on the Funded Trader Prep.

There's a pretty good summary of both the Combine and FTP here:

https://www.topsteptrader.com/learnmore

This has all the rules and ins and outs of both.

Bob.

Thanks Bob. I have see that, just not that clear to me, hence the questions for more detail.

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