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TopstepTrader

www.topsteptrader.co..
Category: Websites

At TopstepTrader®, we fund traders. The Trading Combine® is an evaluation of your trading performance in a real-time, simulated account. If you meet the objective, you are eligible for a Funded Account™ with our trading firm. Funded traders keep 100% of their profits for their first $5,000, and an 80/20 profit split thereafter - an industry high.

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The Formula for Success
Topstep Trader is the place to be if you desire a career in futures trading. A revolutionary hiring/training program adopts a professional sports model to seek out new hungry talent. In this combine, the Topstep team provides all the tools necessary to succeed. This includes full market broadcast from the floor of the CBOT, top of the line trading platform, full means of communication with both the Topstep team and live traders, market psychology sessions, floor interviews with Q&A, trade reports, and most of all encouragement. If you are willing to put in the hard work, I truly believe this is the formula for success in screen trading futures environment. Once you make it through the combine, you are selected to go live and will be financially backed and still fully supported.

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The Best Place To Learn and Improve
I became involved with Topstep over a year ago when and its truly amazing how I have grown as a trader over the last year. I wanted to be a trader and when I graduated college TST just seemed like the perfect place to get started. I had always kept an eye on the markets but didn't have any real trading experience, TST provided me that experience without having to open an account with my own capital.

In my opinion, this is the best place you can be if you have a desire to make trading a career. Whether you are an advanced trader or a beginner (like myself), TopStep Trader provides you a great opportunity to improve your trading without losing a fortune by first proving you are profitable on a simulated account. After you prove you can make money on a simulated account, they will pair you with an equity partner to begin trading real money. This is a place that will shoot you straight because they don't succeed unless you succeed. They don't offer you the "next hot trading tip" and won't sugarcoat anything. It is up to you, the trader, to make your own success and TST certainly provides you with more than enough tools to become successful. The mission of TST is to scout and develop trading talent - and they will do anything to help you develop.

While you are trading at TST, you are required to be in a chat room. Eddie, the market broadcaster, moderates the room of 140+ traders that consists of both recruits and live traders. Eddie and his partner, John Hoagland, are located right next to the S&P pit and do a great job of sensing the market atmosphere. The chat room is a special place and really does have the feeling of a community. Traders are constantly sharing their trading ideas with each other and Eddie does a great job of keeping the traders' spirits high, something that I feel is necessary to be a successful trader. Also, throughout the day you will be able to listen to interviews from TST's President Mike Patak and several other experienced traders to help improve yourself as a trader.

All in all, if you want to be a trader this is the place to be.

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
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JCullen Kansas City, MO

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Top Step Trader
Top Step Trader is a recruiting firm that seeks to identify and financially back traders who can demonstrate success within their parameters. From the novice to the advanced trader looking for a firm to learn how to trade or showcase their talents, I think that it is second to none. The firm offers support via chat rooms, live floor commentary of economic releases and stock futures activity, front end trading software including charting capabilities, and opportunities to access 1 on 1 coaching, market psychology development and interaction with skilled trading professionals.

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The only place to learn to trade and also keep your shirt
If you ever tried trading, followed a guru, lost more than you wanted or expected to lose, and gave up, knowing that you had something, but could not show it, then I can offer you a second chance. A gang of successful traders, lead by Mike Patak, realized that they owed their success to the beneficent support of a significant other at a crucial stage of their development. They decided to try and re-create this experience, and at the same time, scout for trading talent, by creating a website that allows you to learn the process of trading, whilst not risking any of your own capital. The website has developed by trial and (very few) error, and currently includes a chat room populated by incredibly talented people, coaches, psychological support, and a seminar for organizing your trading. It is not a place for tips or tricks. It is a place where you develop your own strategy and tactics, whilst being protected from falling into the chasm that is the trading arena.

Sadly, I cannot guarantee you success. Thanks to TST and its support system, I have learned that the reason most traders do not succeed, is because they are unwilling or unable to do the work necessary for that success. You are the only one that can find out if you will succeed. If you join TST and attempt the work, you will find out, at a fraction of the cost it would be elsewhere, whilst being in the company of empathetic professionals who have trodden the path before you. There is nothing that comes close out there.

If you give it a go, please post Eddie in the chat room" Petere promised you would make me laugh."

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
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Good place to get exposure to the trading profession.
I am college grad looking to become a trader.

I have been trading less than 1 year.

I am currently taking part in the TopStepTrader (TST) Combine.

I do not work for, nor do I get paid by TST.

Briefly, how TST works...

TST offers a Combine, which costs money to enter. The Combine is basically a 4-week tryout, where traders (or aspiring traders) demonstrate their trading abilities in the futures markets under live circumstances. If the profit objective and all the guidelines are met, the trader is given a real money account to trade.

TST offers a live radio broadcast of market updates and interviews of traders who work on the trading floor. TST has begun to also offer a couple other means of education to improve the trading psychology and market awareness of traders.

TST does not offer full trading strategies and techniques to my knowledge. Everything is conducted online, and it is ultimately up to the individual to progress.

Here's what I think...

TST is the best place I could find to develop myself as a trader from scratch. The system is such that people who would not otherwise have a chance can train themselves to become traders. The company is very translucent and straightforward, with the founder Mike Patak being interviewed over the radio broadcast daily.

I have paid to enter the Combine multiple times and also paid for an education course offered. I have found the education useful and can see improvements in the way I trade. Comparatively, the price of education at TST is much less than other courses/companies I could find online. I am confident I will eventually pass the Combine or that my developed skills will be transferred should I get hired by another trading firm.

For new/aspiring traders looking for exposure and support to develop themselves, I recommend TopStepTrader.

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
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Great Opportunity To Become A Trader
In the interests of full disclosure I am writing this review in response to a promotional contest sponsored by Topstep Trader.

My enthusiasm for Topstep Trader is honest. Topstep Trader offers a great opportunity.

Topstep Trader allowed me to start trading on a simulator in May 2011. I had never traded live before.

My first 4 week training period was free. In addition to the T4 electronic trading platform the company made its Squawk Radio broadcast available to me. The market broadcast is the voice of experience. I try to emulate the knowledge and the attitudes I hear there. The attitude of the broadcast is always positive. It makes the frustrations of learning to trade less discouraging.

The company also provides a chat room, called "The Lounge." Traders can make market related comments. Many of the traders in the program are experienced. The comments in the lounge are often insightful.

After the 4 week training period I graduated to the Combine--which is still a simulator, but required a $120 deposit. The price of the deposit has since been increased to $140 to cover added features the company is offering--such as the market psychologist.

The $140 deposit is refundable depending on trading performance. Each trader starts out with $50,000 in a simulated account. If the account balance is $53,000 after 4 weeks the deposit is refundable. If the account balance is $56,000 after 4 weeks the trader is eligible to be given a live account.

Each week it seems like several traders are taken live. (The number varies depending on trader performance.)

There are daily interviews with experienced traders--and one a week--the market psychologist, Dr. Andrew Menaker--on the market broadcast.

The company also offers additional training which costs more--one on one coaching from an experienced trader, and Intuitive Development Training with Ray Burchette.

I've taken the Intuitive Development Training and thought it was powerful and valuable.

The profit split for traders who are taken live is 60/40. (The trader keeps 60%) If the trader takes the IDT training the starting split is 70/30. (The trader keeps 70%)

If traders live in or visit Chicago the company encourages them to visit the trading floor of the Chicago Board of Trade. I toured the trading floor on 7-29-2011. The president of the company conducted the tour. I was interviewed on the market broadcast, and got to meet and talk to experienced traders.

I'm grateful for the opportunity Topstep Trader has given me, and I recommend them to anyone who was interested.

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
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