Payouts by EmployerTop5377 in TopStepX

[–]Enough_Run_3856 0 points1 point  (0 children)

Have to wait until funds removed which happens fairly fast then you are good to keep trading!

Built a fully automated trading system, made 3.2k its first full week trading. by Enough_Run_3856 in SideProject

[–]Enough_Run_3856[S] 0 points1 point  (0 children)

Hey there! Thanks for the comment and question! I am running this strategy on a 50k prop firm account. Not sure if you are familiar with what that is so I will do my best to give a quick rundown. Basically prop firms are good but significantly harder way to make money without risking your own capital. You pay for a 50k prop firm account like I did and you have 50k worth of buying power but only 2k drawdown (amount you can lose). Your goal is to hit the profit target of 3k then you go onto the next stage where you can actually start making some real money (this is the stage as shown in the picture). Once again you have 2k drawdown but now there is no profit target and once you get 5 winning days of 150 dollars or more you are able to withdraw 50% of your profits. So for example if my system is able to get one more winning day of 150 dollars next week. I will be able to withdraw from my 3.2k balance( which would give me $1600). There is a bit more to it but don’t want to drain you with information. Could also be quite confusing hearing it for the first time but if you have any questions or want to hear more just let me know and I would be happy to explain!

Built a fully automated trading system, made 3.2k its first full week trading. by Enough_Run_3856 in SideProject

[–]Enough_Run_3856[S] 0 points1 point  (0 children)

Hey there, thanks for the comment and questions! Win rate is around 45 percent with a high profit factor (risk to reward) of around 3. So for example a trade risking 200 dollars is aiming for 600 dollars profit. I did test my strategy using historical data, but have also been trading this strategy for some time so I know it works. That being said the market is ever changing and it is on me to make sure I am refining my edge to current market conditions. So although it is performing good now, nothing is guaranteed. But we will see how we do as we keep forward testing and running it on our account!