TopstepTrader and Patak Trading Partners- Easy to read QUESTIONS and ANSWERS

Laissez Faire · Feb 1, 2013

Wow...

10 days minimum over 30 calendar days, i.e, 20 possible trading days for the shortest Combine?

That would definitely improved my odds last time around when I was up a good amount at day 7. If I knew I had "unlimited" days instead of 10, I would not have been forced to swing for the fences on my last day(s).

I think I'll be giving it one more shot as soon as things slow down for me as I'm currently super busy with other stuff.

Performance requirements seems very reasonable now.

Anyone else taking a shot?

oraclewizard77 · Feb 1, 2013

They said NT is still not working, so that is an excuse or I would do it.

Quote from smallStops:

wow... they are now even offering a discount.
Now may be time to go through the test. No escuses

Laissez Faire · Feb 1, 2013

Quote from oraclewizard77:

They said NT is still not working, so that is an excuse or I would do it.

Any idea when?

On my last round I charted with NT and executed with the T4 DOM with no prior experience. Worked like a charm.

The execution that is.

Lucrum · Feb 1, 2013

Quote from Laissez Faire:

Anyone else taking a shot?

Yep, one more time. I agree the change should make a significant difference. I also submitted custom parameters. Waiting on approval.

bigarrow · Feb 1, 2013

You guys should get together and set up your own contest with the winner or winners getting the proceeds to fund their trading account. Then you would know there is going to be a winner and none of this subjective stuff.

ScalperJoe · Feb 5, 2013

Quote from Laissez Faire:

Anyone else taking a shot?

Yes, as I did not meet the profit objective the first time. I started out with solid and steady gains, then had a series of bad days and ended up taking a draw. However I did meet the other parameters.

I still believe the TST program is a viable opportunity and look forward to trading the combine again later this year.

Although the combine may look easy, it's actually not that easy if you're trading other accounts. It does require your full focus and attention.

yiehom · Feb 6, 2013

How do you people manage not to hit the daily loss limit ?

rt454 · Feb 6, 2013

Quote from yiehom:

How do you people manage not to hit the daily loss limit ?

You need to be slow and steady, not swing for the fences. That is what they are trying to encourage now with the new rules. With the old rules, if you had 1 bad day you were screwed and had to take some chances to make it. Now that they have relaxed things a bit, you have some time to recover. Still isn't easy though.

MichaelPatak · Feb 6, 2013

Quote from rt454:

You need to be slow and steady, not swing for the fences. That is what they are trying to encourage now with the new rules. With the old rules, if you had 1 bad day you were screwed and had to take some chances to make it. Now that they have relaxed things a bit, you have some time to recover. Still isn't easy though.

rt454- you are correct. We want traders practicing patience and discipline. The loss limit is in place to help traders know when to stop. We encourage all recruits in the Combine to have their own personal loss limit as to avoid the loss limit of the Combine.

Thanks for the help.

mp

MichaelPatak · Feb 6, 2013

Attention all traders:

We hope 2013 has been good to all of you thus far. The markets have been full of opportunities and our traders have been taking full advantage of them. This year already, we have funded 4 new traders and plan to keep funding the best and brightest traders around.

For those of you that donât know, TopstepTrader selects traders of all backgrounds and experience levels to be placed on a fully-funded trading account. Our scout team evaluates traders based on a set of trading objectives and requirements to be completed in a given time frame, known as the Trading Combine. In the Trading Combine, you will trade real-time futures in a simulated, no-risk environment.

Based on the request of many Elite Traders in the Prop Firm Forum, we have made some changes to the Combine. If you are interested in funding, you will want to know about these changes.

The Combine now features a minimum number of trading days. Previously, we asked our recruits (traders) to trade a finite number of days in order to be eligible. We know the markets donât always present themselves with great opportunities. Our old model perhaps lead to forced trades or overtrading in order to reach the Combine Objective. With the new Minimum Combine, we are stressing patience and discipline.

It is important to us to qualify and fund disciplined, consistent traders. Our community of traders is one of our strongest assets. We are committed to them and to their continued success. I felt it was necessary to share this with all of you in hopes of continuing to improve our process and to provide real opportunities for real traders.

I do want to stress that this is not for everyone. The process of learning how to be a profitable trader with consistency and most importantly, discipline, does take time. There is no trading capital at risk to the trader, simply time. If one cannot afford the time, TopstepTrader may not be the right fit.

We wish you all the best this year.

Trade well,

mp

For those interested: http://www.topsteptrader.com/Combine