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Darkpool- Thanks for clarifying. This is a case by case situation when a trader starts with a funded account. Some start with the exact buying power of their successful Trading Combine and some we discuss dialing it back until Senior level.
All in all, our goal when a trader is on a funded account as is the goal of the trader, and the equity partner is to build the account and be profitable. We will do what we can to put traders in the best position as our interest is aligned for real trading success. Our Funded Trader are performing better than they ever have and all parties involved are very happy with where things are at.
I want to give you all an early announcement that we are lowering the profit targets as listed in the email/image below that will be going out to those in the TopsepTrader community tomorrow morning.
I am very excited about this for a couple reasons, first I am a trader and feel these are very achievable with discipline, patience and a good trading plan. Second, with the exceptional performance this year from our Funded Traders we are able to get more approved by our Equity Partner.
Contact [email protected] or 888.407.1611 with any questions as I will be out of the country for the next three days and unavailable to respond on this forum. (A friends wedding in Mexico that I have been looking forward to for quite awhile.)
I started a combine back in March to see what it would be like to trade with outside rules. I have bee trading for years, with an overall win rate of above 80%, trading at times when it seems fit to trade , depending on the context, as opposed to having specific trading times etc.
I went for a modest 50K combine. It was initially connected on the wrong platform, so I asked for it to be changed, which it was. I then realised after a few days that it had been set on the wrong number of days (10 instead of the requested 20). A new account/combine from scratch was created with the correct number of days, and I was told to forget about the 1st one, which I did. Several days after into trading, I noticed something strange and contacted support. It turns out they had kept the initial account after all, and had not connected the new one, altough I was told to trade on the new created one and forget about the initial one. So a 3rd combine was started (slightly annoying, but given I trade consistently no big deal). I kept a trade open outside of trading hours, and my new combine is therefore not going to be looked at.
Right. I understand then pint of having rules. My first point would be that if you expect rigour from Traders, you might want to be rigorous yourself, which,based on that experience, is not the case. I understand that one of the rules is "not to trade out of permitted hours". I sometimes keep open position overnight, IF there is a good reason for it. Unfortunately the market does not care too much about "trading hours". Anyway,this is the rules. If would be a good idea to display those hours very clearly in the same place where other main rules are displayed, because altough it can be found somewhere and it says "to trade p only during permitted hours", it would be great to display those hours clearly somewhere. It might be obvious to someone in the same time zone, I don't know, but it is not to everyone else, at least it was not to me.
The same applies to support. It is very friendly, but I had to wait 2 days in several occasions to get an answer, not to mention the various confusion and mistakes.
dom64- Thank you for that review. Feedback like this is very helpful.
I spoke with my team to get an update on why there was confusion or errors. First, I do want to apologize.
After speaking with them, they do remember your situation and stated that since there was two email addresses for one user that created a bit of confusion on a couple of occasions. I do know they quickly rectified any issues and hope you are satisfied with them providing a complimentary Trading Combine.
As for the your other points, we do try to provide all platform, rules, and relevant information on our website in an easy to find manner and we do understand there can be confusion as there is a lot of information. I will look into getting the information that you stated more prevalent as we want to ensure all traders in our program have a complete understanding with no uncertainty of what to expect at TopstepTrader. We all know there is enough uncertainty in the market.
Thanks again for the feedback and we hope to see you back with TST soon.
Apologies accepted! Again, I am just reporting my experience. Just to confirm, I only have 1 email adress, at least I only used one email adress to setup my combine, but there was some confusion (this is not the debate, and it really doesn't matter but I have email communication if you wish). Maybe was I unclear, maybe just misunderstood, I don't know, but there was some confusion.
I will do another combine, more suited to my way of trading anyway, so a 10 or 15 contracts, and now that I am clear in the timing rules, I will ensure this is done withing trading hours. Just a good idea to make these more obvious in my humble opinion.
I am thinking about starting more than one combine of 30 or 50 k and to trade not all instruments in same combine but only few in each - also there are sometimes trading opportunities in one instrument but not in others but the fixed schedule of 10 or 20 days forces to trade the other underlyings too - specially if they had already a loosing trade and there are only few trading day left.
I think I read thatīs possible to open more than one combine same time, when there is more than one successful combine would it be bossible to get two or more accounts funded, e.g. one trading CL, one GC ?
There will be a Live AMA session with Michael Patak of TopstepTrader on Wednesday, June 25th @ 12:00 PM ET.
- Quick and casual, 30 minute cap
- No prepared presentation
- Live screen sharing
- Floor will be opened immediately to questions
- Recording uploaded to AMA thread afterwards
- Attend live to get your questions answered
Michael Patak, the Founder of TopstepTrader, will be monitoring this thread so that he may answer any questions that you post here relating to TST products and services.
Please keep in mind that some customer service/technical support issues are best …