@Topstep has expedited the steps to payout otherwise sometimes it was taking upto couple of days so I appreciate that. Let’s see when I receive the funds. Requested two payouts on market opening as you can only request during market hours.
What I really like is their platform, just like any good CFD platform. Whereas @Tradovate still feels like some alien.
Also last few weeks were extremely challenging, I believe I reset these evals (3) two times before passing. Still decent ROI. Will share more once I receive the funds.
Third account is also eligible for the payout now, will request after market close
I’m Mick, Director of Risk Management at @Topstep.
If you hate the rules, it’s usually because nobody explained the math behind them. That changes today… oh and I’m known for my mustache.
@StockHawkTalk@rawC7Z 2000 buffer for daily payouts (up to $1500)
No buffer for 5-day payouts (up to $8000 for static of 50% of balance)
Full details here https://t.co/czH4aTLv1A
Will he take a daily payout or go for a bigger 5-day payout first?
One thing's for sure, he won't have to decide ahead of time.
Either way, protect that downside!
@BidAskTape 2k buffer when you want daily.. but the 5-day (you don’t have to lock into one payout path) doesn’t require a buffer. Just focus on the trading and you’ll qualify for both
UPDATE: $37,885 payout APPROVED by @Topstep in LESS THAN A MINUTE! 🔥
5 accounts × $7,577.
After $20K, $30K, and $25K profit days, today was finally payout day.
Still can’t believe how fast that approval was.
Full transparency as always. LFG! 🚀
@mTraderNDX Anything over $2000 you can take out every day (up to $1500), as long as it's profits since your last payout.
If you want to access more of a balance, it's our standard 5 winning days and take up to 50%, even if it's not profits since last payout. (no $2000 buffer needed)
@mTraderNDX Anything over $2000 you can take out every day (up to $1500), as long as it's profits since your last payout.
If you want to access more of a balance, it's our standard 5 winning days and take up to 50%, even if it's not profits since last payout. (no $2000 buffer needed)
100% of all traders called up have a history of multiple payouts.. no zero payout call ups ever.. We look at many things total payouts for the trader is one .. we are working to make it more clear but on average the traders called up have an average of $40,000 in total payouts
Have a couple good days? Take a daily payout each day.
Have a huge day after that? Go for the 5-day payout.
Same account. Both options. Take payouts when it makes sense for you 🤝
Bouncing back and slow grinding my way through @Topstep 6k challenge accounts since Sept. Working on getting better with being okay with small base hits. This month been trying to go back to what @dotjosh once told me and stick to 3 micros and 300 as my Profit Target. Thanks to ProjectX, it auto locks me out soon as it hits 300. A bit scared I won't pass within the 90 days limit on the challenge account but hoping I pass with base hits.
@MichaelPatak #Topstep