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TopstepTrader


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Posted by TopstepTrader on November 28, 2017

New Equity Highs, Gold & Interest Rates Roll: Tuesday's Market Forecast

As traders walk in this morning, the recent trend is holding. Equity futures - specifically the Emini S&P 500 ($ESZ7) has hit a new contract high. That has pressure on Gold futures ($GCG8), which...

Posted by TopstepTrader on November 27, 2017

Forget P&L and Focus on Good Decisions: 4 Questions with a Funded Trader

Like most of our traders, TopstepTrader wasn't the first place that David C. in Valle del Cauca, Colombia came to trade futures. In fact, in a recent interview, he said that he has been trading for a...

Posted by TopstepTrader on November 27, 2017

Back from the Holidays: Monday's Market Forecast

Hope that everyone is well rested from the U.S. holiday that caused futures markets to close early on Friday. When the dust did settle on the U.S. Thanksgiving week, the Emini S&P 500 ($ESZ7) set a...

Posted by TopstepTrader on November 22, 2017

40 Year Trading Veteran Shares His Secrets to a Long Career - Limit Up! with Yra Harris

In 40 years of trading, one of Yra Harris' best trades was a huge loser. In the days of the European Exchange Rate Mechanism, he had expected the British Pound ($6B) to be pegged to the ERM at a...

Posted by TopstepTrader on November 22, 2017

Equity Highs on Light Trading Volume: Wednesday's Market Forecast

Equity futures continue their years-long trend of moving higher. The Emini S&P 500 ($ESZ7) added another 2 points this morning and is facing resistance at 2600. At the same time, the rally in...

Posted by TopstepTrader on November 21, 2017

New Highs in Equity Futures: Tuesday's Market Forecast

The story this morning is all about equity futures as the Emini S&P 500 ($ESZ7) and Nasdaq ($NQZ7) hit fresh highs, while the Dow Jones Industrial Average ($YMZ7) and Russell 2000 ($RTYZ7) trade just...

Posted by TopstepTrader on November 20, 2017

Trailing Max Drawdown in Play: Performance Coaches' Trading Combine

The Performance Coaches gave back $423.54 to the market today, bringing their balance to the closest its been to the Trailing Max Drawdown. That stands at $48,997 - just 305.77 away from today's...

Posted by TopstepTrader on November 20, 2017

Four Ways to Improve Your Trading - Trader Behavior

Becoming a trader is more than just entering and exiting a position. You have to think about each trade and day with the midset of an entrepreneur. That means four things.

First, traders must have a...

Posted by TopstepTrader on November 20, 2017

Be Cautious, Be  Deliberate: Monday's Market Forecast

Trade kicked off this morning for Thanksgiving week - with markets in directionless move. It's likely that volume will continue to be low this week, which may impact how much markets move. All this...

Posted by TopstepTrader on November 19, 2017

Lessons from Losing $90K - TopstepTrader Launches New Podcast, Limit Up!

TopstepTrader Founder and CVO Michael Patak's story is all too familiar to many traders out there - he started trading and quickly lost his entire account. Yet, unlike many who stop, Michael stayed...

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