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Good question mdsvtr. This was something I had wondered about.
If one trades live with Topstep then they are classified as a professional trader because they are trading somebody else's money. After looking at the CME data waiver details though I could only find reference to non-professional traders.So I have come to the conclusion that professionals aren't entitled to the waiver. I will be interested though to hear the definitive answer off Michael.
Umm yeah, very strict as I am going through FTP currently. You are not understating here xelaar. Trading the news is way outside TST's parameters and I would not look for that to change in the near future tradertron. To risky, just ask all the brokers trying to collect margin on the Swiss franc.
Question for Michael or John, so did some searching and I can only guess, but what happens if a trader hits a daily limit in FTP? It looks like you go back to the combine, but there is nothing that is clear in the help files on TST.
I have noted that there are badges that distinguish people who have earned a combine rollover and funded/self funded TST traders. It seems odd to me that there would not be a badge for recruits that complete the combine. I mean isn't that what everyone is trying to do?
As stated, if any, of the rules are violated, you will be returned to the Combine.
Hope that helps. If there is any other information missing or if we are not clear with anything please let me know and I will have the back office fix it.
To add to this question, once you become a funded trader are you still allowed to distinguish yourself as a non-professional with your personal accounts (legally I mean)?
Apologies if this is outside the scope of the thread.