Why TopstepTrader?

Status
Not open for further replies.
Turveyd said:
Not heard of anyone qualify on any of the sites I've used, close but always a reason for rejection, it's just a scam isn't it, to get you to pay $100 to try to qualify.

Got to wonder, if the people who are qualified are even real and not just made up, to attract traders and give false hope.

Anyone know for certain anyone on ET who's Live trading and making $$$ from them ??
More...
simplemelike got funded but subsequently lost it...you can check with him if you like
 
Topstep said:
We always want to be transparent with our community
More...

I think some published stats would be helpful.

For example:

- % of people who pass combine step 1 after 1, 2, 3, 4, 5, tries
- % of people who get funded
- % of people who have traded and been funded for 1,2,3,4,5,6,7,8,9,10,11,12,12+ months
- % average profit per trader in each tranche above

I know these stats are probably really bad, except for those traders who survive longer than 6 months but honesty is better than being vague. It lets people know that it's hard.
 
nooby_mcnoob said:
know these stats are probably really bad, except for those traders who survive longer than 6 months but honesty is better than being vague.
More...
you need to be a profitable trader to pass any funding test sometimes some people forget that
 
nooby_mcnoob said:
It lets people know that it's hard.
More...
it is not hard

it is impossible....unless you are a perfect trader........that is something they do not advertise.....and why should they...they say pass the test and it is the student who has to decide whether he can do it or not.

since 95% ot traders fail that fact means they will make money.....

but if you have knowledge and you have lost all our money trying to learn to trade then this is godsend.......for me it is
 
padutrader said:
you need to be a profitable trader to pass any funding test sometimes some people forget that
More...

In my opinion, if you (padu) want to do these stupid gauntlets then do the following:

1. Download ninja trader or metatrader or whatever
2. Diligently trade a single system for 3 months in sim. Keep repeating until you are profitable.
3. Put in a little money and trade for another 3 months.

Suggestions for systems you can trade:
1. Single EMA. For example, 8 day EMA, or 21 period EMA
2. Support/resistance on $ES

Both of these can be traded successfully if you are consistent (read: boring).

Alternatively, once you have been profitable in sim for at least 3 months, THEN review your stats and see if your system naturally works for one of the gauntlets. Then do it in step 3 instead.

I believe you (padu) are close. But you are scattered. Get focused. Focus on one thing. Focus on the next 3 months.
 
Status
Not open for further replies.
Back
Top