RokTrader

Prop trader, Ex-Franchise Owner

[RokTrader @rok_trader]

@peterboxeo @Alpha_Futures_ Let’s goooo 🔥🔥

[RokTrader @rok_trader]

@salmanmunir96 I will soon give it a try!

[RokTrader @rok_trader]

@MaferdCapital @Topstep @FTMO_com Same strategy but I use seconds TF to enter

[RokTrader @rok_trader]

Failed a 200k FTMO challenge recently, but luckily continuing to make $1k-2k per withdrawal with @Topstep & two more requested yesterday. 10th Topstep withdrawal in the past 5 weeks

Time to restart a new challenge with @FTMO_com & was still was able to secure a payout with FTMO with the current funded

[RokTrader @rok_trader]

@Noughtzeroed @Topstep @FTMO_com Thanks 🙏

[RokTrader @rok_trader]

@MaferdCapital @Topstep @FTMO_com It’s just more funding for me and easier to scalp with futures

[RokTrader @rok_trader]

@J3_Trades @Topstep @FTMO_com 🙏🙏 thanks brother

[RokTrader @rok_trader]

@Daan__FX @Topstep @FTMO_com Appreciate it brother!

[RokTrader @rok_trader]

@henryy2lit @Topstep What country are you trading from?

[RokTrader @rok_trader]

Give or take about 70 points caught across 5 XFAs on @topstep x today

Had one early long immediately closed then re entered and scaled in one later

[RokTrader @rok_trader]

@henryy2lit @Topstep perhaps you are using VPN?

[RokTrader @rok_trader]

@cheeseburgermvp @Topstep Thanks brother. Happy New Years and wishing you the best for 2025!

[RokTrader @rok_trader]

Thanks to @Topstep I have been able to take some withdrawals in the late quarter of 2024

Been focusing on my personal life lately as I am trying to settle down and have a family very soon before I get any older! Wishing everyone the best for 2025! More to come for all of us!

[RokTrader @rok_trader]

@cheeseburgermvp @Topstep Thanks bro!

[RokTrader @rok_trader]

@peterboxeo @Topstep Thanks bro. Hope all is well!

[RokTrader @rok_trader]

@peterboxeo 🙏

[The Factor Report @PeterLBrandt]

The so-called Prop trading industry is about to be dramatically altered.

I have been a major critic of the prop industry and have been heavily trolled on X as a hater. The reality is that I have been right -- and the changes coming will begin to address the sham practices of the industry I have been critical of.

Sim trading multiple accounts will be terminated over time
Sim trading for payouts will become illegal or highly controlled by U.S. regulators (CFTC/NFA/state gaming commissions)

Here is the harsh reality. Sim trading for payouts is in every respect a form of online gaming similar to online poker and online sports betting. And in the U.S., online gaming is HEAVILY regulated and HEAVILY taxed. For example, some states charge online gaming firms as much as $1MM per year for the right to do business with residents of their states -- and then may charge up to 30% of the profits made by the gaming companies.

Bottom line: Online prop trading for payouts as it works right now is likely in violation of state gaming commission regulations.

I will write a more extensive piece this weekend for my Substack and plan to appear on TopStepTV to discuss with its team the direction the industry is headed.

Again, I applaud TopStep and its CEO Michael Patak for their eagerness to move into an new era of the prop trading industry.

[RokTrader @rok_trader]

@Mrcashspike Agreed. Luckily had max daily limit loss set on my topstep at $250. But yea looks better to stay out on some Monday & fridays

[RokTrader @rok_trader]

@tiltboybenny96 Hats off to you bro 🙌 insane figures. Respect!