LIVE Q&A with TopstepTrader Executives

[Topstep]

Of those people who pass the combine and become funded, what is the average duration of remaining funded? I assume once you get the funded you have to maintain the drawdown requirement or you lose funding, correct?

thanks
fan27

Hi fan27 - appreciate the question. The Trading Combine is set up for traders to show us they have the ability to be profitable AND manage risk. Total loss (in dollar terms) is certainly a component of that.

It's not that you can't ever have a $4,500 drawdown if you are consistently profitable overall. For example, if you gained $10,000 in the account and then had $4,500 in losses, you would not lose your status.

 

[fan27]

Hi fan27 - appreciate the question. The Trading Combine is set up for traders to show us they have the ability to be profitable AND manage risk. Total loss (in dollar terms) is certainly a component of that.

It's not that you can't ever have a $4,500 drawdown if you are consistently profitable overall. For example, if you gained $10,000 in the account and then had $4,500 in losses, you would not lose your status.

That makes sense. Thanks and good luck with your service.

 

[ubo]

(but I have two friends, both now successful independent traders, who got started through TST's service.)

In the other thread (Question for TST Traders), you mentioned that one of them passed the combine while the other one didn't. if it's possible, can you provide more information about how these two became successful independent traders? Were they both females by the way?

Thanks.

 

[Xela]

In the other thread (Question for TST Traders), you mentioned that one of them passed the combine while the other one didn't.

Lol, in that case only one of those two people is one of the two mentioned above. (I've had a few forum friends who have failed Combines, too.)

This thread's for TST to present information about their soon-forthcoming Webinar, so it's hardly appropriate here? In any case, I'm not for a moment suggesting that they "became successful independent traders" by doing a Combine. Doing a Combine was just how they initially got funded to trade after acquiring their trading skills elsewhere (which had nothing to do with TST at all).

Were they both females by the way?

What on Earth does that have to do with anything?!

 

[koolpips]

Please Pardon my ignorance (apologies in advance)
Does this TOPSTEP TRADER have anything to do with Mr. TOPSTEP - who is a personal friend of mind Danny Riley?

rgds

 

[Xela]

Does this TOPSTEP TRADER have anything to do with Mr. TOPSTEP - who is a personal friend of mind Danny Riley?

If he's a personal friend of yours, I'm slightly surprised you're asking in a forum rather than asking him.

No, the two have no connection at all - just slightly similar names.

 

[koolpips]

Thank you Xela - and I after reading did ask and there is no connection
thank you for your reply

 

[lukas]

@TopstepTrader

Are you ever going to lower your commission rate? That is the main reason preventing me from taking part in it

 

[Stocktracker]

@TopstepTrader

Are you ever going to lower your commission rate? That is the main reason preventing me from taking part in it

An old man once told me that if you have to pay for a job then you better believe it is a "----" fill the blank!

 

[caacapital]

Is there so kind of exemption for TST funded traders from having to have a series 56 license?