TopstepTrader Q & A

Status
Not open for further replies.
traderjo said:
Dev no they are evading the core question .. if TST is NO BS business as advertised in plain English why they don't admit that after and if a trader makes a profit then TST does not risk anything go through my example .... Trader makes 10 K does not withdraw an NO BS company would allow the trader to go back to original drawdown limit of 98 / 97 whatever it might be
I did acknowledge that TST is on the hook initially sure .. Does TS acknowledge the un attractiveness of the "Trailing Draw down"
More...

Your question has been answered, if you don't like the answer just move on.

This isn't kindergarten.
 
Agree with you LF
but why people are discussing is because blind followers are still promoting it as best thing since sliced bread... and any questions asked about the business model are dismissed as sour grapes! etc
 
It is as simple as this - unlike other competing funding companies such as FTMO - Topstep, **to the best of my knowledge**, does not offer a fixed permanent drawdown below the zero line. Once you have reached a certain level of profits Topstep removes the drawdown and the only cushion you have at that point is how much of your profits you leave in your account Versus FTMO (as an competing example) where your drawdown below the zero line stays intact even if you withdraw all profits--regardless of how much profit you withdraw and how often you withdraw.

traderjo said:
I repeat Overnights comment here "Which makes one wonder. If initially you were allowed to draw down to 98K, then how come after reaching 100K, you are not allowed back down to the 98K limit?"
My question sis simple is TST risking anything beyond the initial drawdown if not then it is not really funding beyond that . and if they claim they do then it is false
Trader takes the account from 100,000 to 110,000 and then can he keep the account until the NLV goes down to original 97000 ( or 98000 whatever it might be? as simple as that
More...
 
Topstep said:
The $100k account has a $2,000 Daily Loss Limit/Weekly Loss Limit (Step 2) and a $3,000 Trailing Loss Limit (EOD). If you were to make $10,000 your Weekly Loss Limit would disappear and your Trailing Account Loss Limit would say "your cannot cannot reach its starting balance". So you you would be +$10,000 with a $3,000 Daily Loss Limit and a rule that says you cannot return to your starting balance.
More...

What happens to the drawdown metrics after you request the payout of these $10k?
 
Not sure if the question on data feeds was asked - still going through the thread.
Is this the agreement for non-professional use of CME/CBOT data or like? Or is this something that is contracted through TST?
Suppose I already signed and pay this while trading with another competitor using the same lousy NinjaTrader platform - just another login detail. Do I have to pay for the feed again
 
andydandy said:
Not sure if the question on data feeds was asked - still going through the thread.
Is this the agreement for non-professional use of CME/CBOT data or like? Or is this something that is contracted through TST?
Suppose I already signed and pay this while trading with another competitor using the same lousy NinjaTrader platform - just another login detail. Do I have to pay for the feed again
More...

The non-pro data is free of charge with a Trading Combine. L2 data is $45/mo for all products. Once you are funded there is a Pro Data fee of approx $120/mo

All that can be found here: https://help.futures.topstep.com/hc...494-What-are-the-costs-in-the-Funded-Account-

Data between different companies is not transferrable.
 
Status
Not open for further replies.
Back
Top