My attempt to earn a funded account with TopStep

[caacapital]

Thanks for your response but I think you have some incorrect information on the TST process.

You should really do better DD on a firm before throwing shade.

Step 1: achieve $9K in profit
Step 2: achieve $9K in profit -- then you will get a "funded account"
Step 3: first $5K in profit goes 100% to the trader --- then 80/20 split.


If you're a good trader, why in the world would you give 50% of your profits ??? Even 20% is a lot in the grand scheme of things.


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You may not understand the rules fully TST is a valid company if you can make it through the rules but the trailing draw down(although one of the best currently its a daily not a live is still a barrier) anything above the 30k dont forget you also have a weekly loss limit, the scaling plan is what your actually getting so if your trading more than the lowest scale consistently in step 1 your probably not going to be funded especially in the higher profit target combines.

The 50% is steep also I didnt see a portion that is 100% yours but it looks like its only 1 step and no scaling plan

 

[SelfMadeDude]

Thank you everyone for both your supportive comments and cautionary recommendations.

I will continue to journal my journey with the TST "funded trader" process and in the process, I hope that traders might get some extra inspiration and possibly some useful information for their own trading journey.

Good luck!

 

[SelfMadeDude]

 

[SelfMadeDude]

 

[SelfMadeDude]

 

[SelfMadeDude]

 

[traider]

Have you quantified your profit ratio? It looks like a random walk...
With your skills you can make much more money at a mega corp

 

[legionx]

Has anyone actually went to SMB's webinar? I did! Firstly, a client must purchase their training program in order to be funded. They have embellish their website to only "hook line and sink" an individual. I do not know if they have changed their under hand tactics in the previous months but that is what I have gathered from them.

 

[traider]

There is very little money to be made with prop trading due to hft. The firm is evolving to become an educator

 

[NewTraderAdventure]

Has anyone actually went to SMB's webinar? I did! Firstly, a client must purchase their program in order to be funded. They have embellish their website to only "hook line and sink" an individual. I do not know if they have changed their under hand tactics in the previous months but that is what I have gathered from them.

lol, ScamMB and the Bald Guy