Tip of the Week: Know Your Role as a Trader
What is the job of a trader exactly? If you can't articulate what you're supposed to be doing, then you should probably just stay out of the markets altogether. In this week's Tip of the Week,...
What is the job of a trader exactly? If you can't articulate what you're supposed to be doing, then you should probably just stay out of the markets altogether. In this week's Tip of the Week,...
Don't be one of those annoying traders who treats the number of contracts they have on at any given point as a reflection of their self-worth. You don't always need to be swinging for the fences. In...
Most traders learn pretty quick that the release of numbers like unemployment or GDP can cause huge swings in the futures markets, but remember, it’s not just the government that can make or break...
Expectations are everything. Trading is so difficult because there is so much opportunity. But if you expect to take advantage of it all the time, that could be setting yourself up for a fall. In...
In this week's Tip of the Week, TopstepTrader's founder Michael Patak points out something that we all must accept: setting a personal loss limit. Whether that's a daily loss limit, weekly loss...
In this week's Tip of the Week, where TopstepTrader's founder and CVO Michael Patak shares one of the most important lessons to any trader. Make. A. Trading. Plan.
Trading plans are critical to any...
This week, we're launching a new video series: Tip of the Week, where TopstepTrader's founder and CVO Michael Patak shares lessons he's learned in more than a decade of trading — and more than 7...
Michael Patak is the founder and chief visionary officer of TopstepTrader. He started trading and promptly blew up three $30,000 trading accounts (for a total of $90,000).
Not deterred, Michael...
Great traders and not-so-great traders likely have one thing in common: they’ve all lost a lot of money trading. Trading is a tough business. And between finding a strategy and keeping our mental...
At Topstep, our goal is to be where the world goes to safely engage in and profit from the financial markets.
We want to help others pursue their passion for trading without risking their own hard-earned capital.
Your path to becoming a full-time trader is in your hands! Perfect your strategies, learn discipline, earn capital - all with TopstepTrader.
Start Trading Today!We do not offer commodity trading advice or recommendations. © 2024 – Topstep, LLC All rights reserved.
All content published and distributed by Topstep LLC and its affiliates (collectively, the “Company”) is to be treated as general information only. None of the information provided by the Company or contained herein is intended as (a) investment advice, (b) an offer or solicitation of an offer to buy or sell, or (c) a recommendation, endorsement, or sponsorship of any security, company, or fund. Testimonials appearing on the Company’s websites may not be representative of other clients or customers and is not a guarantee of future performance or success. Use of the information contained on the Company’s websites is at your own risk and the Company and its partners, representatives, agents, employees, and contractors assume no responsibility or liability for any use or misuse of such information.
Futures and forex trading contain substantial risk and is not for every investor. An investor could potentially lose all or more than the investor’s initial investment. Only risk capital—money that can be lost without jeopardizing one’s financial security or lifestyle—should be used for trading and only those individuals with sufficient risk capital should consider trading. Nothing contained herein is a solicitation or an offer to buy or sell futures, options, or forex. Past performance is not necessarily indicative of future results.
CFTC Rule 4.41 – Hypothetical or Simulated performance results have certain limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, because the trades have not actually been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs, in general, are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profit or losses similar to those shown.