Ok. Do not forget to email scouting@topsteptrader.com to let the Scout team know that you will be spreading.
trade smart.. and always trade for tomorrow.
mp
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TopstepTrader and Patak Trading Partners- Any and all questions answered here
- Thread starter MichaelPatak
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Ok. Do not forget to email scouting@topsteptrader.com to let the Scout team know that you will be spreading.
trade smart.. and always trade for tomorrow.
mp
Cooltraderdude has begun a 10-Day Combine (http://www.topsteptrader.com/Combine). The account parameters are $50K / 5 lot buying power / $1K daily loss limit. Cooltraderdude has 30 calendar days to complete the 10-Day Combine.
Cooltraderdude's Combine objective is to profit $3,500 and follow the Scouting Criteria: http://www.topsteptrader.com/scoutingcriteria. If at the end of Combine he has met the Combine objective, he will be provided with a fully-funded trading account (no capital contribution required) http://www.topsteptrader.com/fundedtrader.
On this thread http://www.elitetrader.com/vb/showthread.php?threadid=249489, we will be posting his trade reports (this is normally private for all TopstepTrader recruits, but cooltrader has agreed to let us post his reports), cooltrader will also be keeping a journal of his Combine experience on this thread.
Cooltraderdude's Combine objective is to profit $3,500 and follow the Scouting Criteria: http://www.topsteptrader.com/scoutingcriteria. If at the end of Combine he has met the Combine objective, he will be provided with a fully-funded trading account (no capital contribution required) http://www.topsteptrader.com/fundedtrader.
On this thread http://www.elitetrader.com/vb/showthread.php?threadid=249489, we will be posting his trade reports (this is normally private for all TopstepTrader recruits, but cooltrader has agreed to let us post his reports), cooltrader will also be keeping a journal of his Combine experience on this thread.
Quote from MichaelPatak:
We do encourage our traders to take withdraws monthly but keep enough in the account over the cushion to weather any trading storm.
mp
Ok, that makes sense and is logical for any trader who has a balance well above their cushion. It also pays the investor their cut, so it's a win-win.
Quote from ScalperJoe:
Ok, that makes sense and is logical for any trader who has a balance well above their cushion. It also pays the investor their cut, so it's a win-win.
Agree, put money up and keep profits, don't put money up, leave profits in. Good to have skin in the game. Absolutely.
All the best,
Don
What are the issues with trading for TST, while being registered and trading at a CBSX firm that trades equities?
When will Ninjatrader be available with TST?
Thanks.
Thanks.
That's good that Ninjatrader will be available.
I have done a few combines, never met profit objectives but learned a lot and the combine definitely helped my trading.
Was much more inclined to participate when it was 80. for a combine, though. Going from 80. to 190. is a pretty steep increase; a bit much if you ask me.
But yeah, I do like what the combine does for traders. It sets the rules, and you have to make it work every day. I have become a lot better with discipline and rules since the combines.
I have done a few combines, never met profit objectives but learned a lot and the combine definitely helped my trading.
Was much more inclined to participate when it was 80. for a combine, though. Going from 80. to 190. is a pretty steep increase; a bit much if you ask me.
But yeah, I do like what the combine does for traders. It sets the rules, and you have to make it work every day. I have become a lot better with discipline and rules since the combines.
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