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  1. M

    TopstepTrader Q & A

    Trade a minimum of 5 days or 10 days. Does that mean at the end of 5 days or 10 days, does my account have to be above 50k if I am funded for 50k (evaluation)?
  2. M

    TopstepTrader Q & A

    I think I have figured out why it is so hard to complete a combine. The 5 day rule...you have to be profitable at day 5 and thereafter, if at day 6 you're up 500, your trailing drawdown is you're starting balance of 50k, or 500$, now the odds of moving up to the target before getting clipped at...
  3. M

    TopstepTrader Q & A

    why would anyone continue to give up 20% of their profits unnecessarily once they're up and running? No reason that I can see. WELL....look at the managed accounts and hedge funds, they trade for the inverse of what TST offers, ie., they take 20% of the net profits, and that has been the...
  4. M

    TopstepTrader Q & A

    http://123daytrade.com/topsteptrader-versus-casino/
  5. M

    TopstepTrader Q & A

    YES, I WOULD LIKE TO KNOW THE ANSWERS TO THESE QUESTIONS, TOOO!
  6. M

    TopstepTrader Q & A

    i have been to tst's site, the blog, read most of it, what i would like to see is the posted performances of the funded traders, from top to bottom, month by month for the last year. Again, do you "traders" or wannabe's realize how hard it is to make a buck in this business, as a living...? the...
  7. M

    TopstepTrader Q & A

    i will bet dollars to donuts, that when and you get "funded" you are really not funded... i.e., there is no real money being traded, you just post your trades, but nothing is executed, an illusion... tst is banking that you bust...and my guess is 97% or more bust when funded,
  8. M

    TopstepTrader Q & A

    once i get funded, i know i have to pay data exchange fees to tst, regardless whether i am paying thru another platform, but do i still have to pay the monthly fee, e.g., 175 for 50k account?
  9. M

    TopstepTrader Q & A

    there seems to be a small problem with TST definition of drawdown vs what goes on and accepted in trading world... tst calls it trailing drawdown. If i have 150k account, with a 4500 drawdown, and am funded, and there is no target when you're funded, just don't violate the drawdown, so... if i...
  10. M

    TopstepTrader Q & A

    One question, when you papertrade in the combine phase, how does tst handle execution of limit orders? is the order executed when the price touches the limit entry, or does tst platform require the price to go thru by 1 tick the limit entry price?
  11. M

    TopstepTrader Q & A

    So no targets for a funded account, only parameters that need to be heeded, are, do not exceed drawdown for e.g., 150k account, i.e., 4500, and do not exceed daily and weekly loss limits, correct? No targets for a 150k account funded? once daily and weekly loss limits or draw is exceeded, have...
  12. M

    TopstepTrader Q & A

    Sorry, have to ask, if the target for a 150k is 9k, for a funded account, is there a minimum no of trades i have to make per month to stay funded, e.g., what if i only make 1 trade a month, and in 12 mos reach the target of 9k without hitting risk controls, i.e., draw, loss limits etc? Can I...
  13. M

    TopstepTrader Q & A

    one more question.. verify..if i am trading a funded account, do i still have to pay the 365 per month? do i pay commissions on my trades?
  14. M

    TopstepTrader Q & A

    something here i don't quite understand... if you qualify to be funded, first 5k belongs to me, thereafter, i keep 80% of profits..ok... but failure rate is high in the real world, odds of continuing on after evaluation in funded account, are very small, so what happens if you blow out with a...
  15. M

    TopstepTrader Q & A

    If i start trading a combine, e.g., 150k, and immediately I incur a loss and my account balance drops below 150k, I assume I have to restart again, right? Also, if i pay the fee to participate, e.g., $375 for 150k, and I have to restart, what about the $375 I payed, do I have to pay again?
  16. M

    TopstepTrader Q & A

    when i hit the daily loss limit, "The account automatically becomes ineligible for a Funded Account™ once the Daily Loss Limit is exceeded.". I assume this is true for the weekly loss limit as well...? But when can I become eligible for a funded account again????????
  17. M

    Multicharts Lifetime License For Sale (Legitimate)

    CAN YOU TRANSFER OWNERSHIP OF THE LICENSE TO ANOTHER INDIVIDUAL, AND MULTICHARTS AGREES? OTHERWISE, YOU CAN'T JUST GIVE ME THE YOUR LOGIN CREDENTIALS, BECAUSE THEN YOU CAN CONTINUE TO LOGIN AS WELL...???
  18. M

    1099b Questions, Please Reply

    i need some input on this: will a 1099b be created by the company, if the only entry will be total data and platform costs: e.g, if you pay a company like bloomberg for the platform monthly, and the end of the year, your total costs are $500, will that be reported to the irs, via a 1099b?
  19. M

    1099b Questions, Please Reply

    you're right, most cpa's have no clue about how to handle a trader's tax return. So here goes again, just anyone with an answer would be great: if a 1099b shows a net loss for the year, will it still be reported to the irs? If all I did was pay platform fees for the year, would the total of all...
  20. M

    Lower Your High Blood Pressure In 5 Minutes With Zero Medication

    PERFECT!! WISH I HAD THOSE READINGS. HOW OLD ARE YOU? DO YOU RUN?
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