TopstepTrader Company Updates

New Trading Combine Rules = More Funded Traders

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We’re Setting Our Traders Up for (Even More) Success.

Effective today, TopstepTrader® is simplifying the Trading Combine®, Funded Trader Preparation™, and the Funded Account® rules. Less rules = even more funded traders!

You spoke and we listened. Starting today, all active and new accounts will be evaluated with the rules shown below. With the approval of our trading firm, these new rules benefit the trading community, and make earning a Funded Account simpler than ever before:

Step 1: Trading Combine Rules

  1. Trade a minimum of 10 days
  2. Trade permitted products and times
  3. Do not hit or exceed the Daily Loss Limit
  4. Do not allow your Account Balance to hit or exceed the Trailing Max Drawdown

REMOVED:

  • Always implement stops with an open position
  • Achieve at least 45% Profitable Days
  • Achieve an Average Net P&L greater than $0 for each product traded

Step 2 & 3: Funded Trader Preparation & Funded Trader Rules

  1. Trade the Combine or Funded Trader Preparation product(s) you were profitable in during permitted times
  2. Do not hit or exceed the Daily and/or Weekly Loss Limit*
  3. Do not allow the Account Balance to hit or exceed the Trailing Max Drawdown*
  4. Follow the scaling plan
  5. Do not hold positions into major economic releases
  6. Maintain an Account Balance greater than $0 after a minimum of 10 trading days

REMOVED:

  • Always implement stops with an open position
  • Achieve an Average Net P&L greater than $0 for each product traded (evaluated at the end of the 10th trading day)
  • Achieve at least 45% Profitable Days (evaluated at the end of the 10th trading day)

*The Weekly Loss Limit (if applicable) and Trailing Max Drawdown are eliminated after 10 trading days

 Become a Funded Trader - Try for Free Today

 

Posted by TopstepTrader on January 08, 2016
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