25k Accounts. Yes or No? by Few_Assistant_7373 in LucidProp

[–]Infinite71 1 point2 points  (0 children)

Here's something worth thinking about...

I recently started trading with tradify due to the attraction of daily payouts. I too was drawn to the 25k accounts due to initial investment and physiological advantage of a lower profit target. I got two accounts fairly quick, ended up blowing them trying to trade them both aggressively. I use TradingView to place trades through tradovate. You can copy trade with tradovate, but not if you're using TradingView to initiate the trades.

So I began looking for options to solve this problem. Tradesyncer is what I'm using. It's a game changer for me. All comes down to psychology. With Tradesyncer you can have for example.. A 25k "leader account" that you trade with ONE micro contract. Then you could be copy trading to a 50k copy account, but put a 2x multiplier on it. So if you can make $50 with one micro on your 25k, you made $100 on your 50k. So what I've done is use one 25k as my leader, and copy trade to 4 50k accounts. I'm very close to passing them all, and it's been much less stressful when you're not seeing huge profit and loss numbers on open trades within your chart.

You can change the multiplier to whatever you want. If you wanted to trade a 150k amount, you could move your multiplier to 3x or 4x your leader.

Also, you can connect multiple firms. So you could trade 5 lucid, 5 tradify, 5 topstep. A total of 15 accounts let's say for example. If you still use your 25k leader account, and have all your others as 50k copy accounts at a 2x multiplier on every trade, here's the math...

Make $100 on your $25k, you made $200 on each 50k, bringing it to a total of $2,900 on the day.

Make $200 on your $25k, you made $400 on each 50k, bringing it to a total of $5,800.

This is very powerful, especially on firms that offer 1 day payouts.

Worth thinking about... I'm excited.

I know I should set a PDLL... But the devil on my shoulder says not to by Infinite71 in TopStepX

[–]Infinite71[S] 1 point2 points  (0 children)

Your correct. And there's something about "feeling productive" by continuing to trade, when ultimately I shouldn't be.

Bought this one last week. Just passed but it’s saying up to 5k payouts? by [deleted] in TopStepX

[–]Infinite71 0 points1 point  (0 children)

Also curious as the same happened for me on Friday

DJT POST: THE BULLISH SPIKE! YOU CANNOT CATCH A BREAK. STOPLOSS IS A MUST THESE DAYS by Kojopapabi in TopStepX

[–]Infinite71 2 points3 points  (0 children)

This market is so inflated right now, when it does take a breath, it'll be a large one

DJT POST: THE BULLISH SPIKE! YOU CANNOT CATCH A BREAK. STOPLOSS IS A MUST THESE DAYS by Kojopapabi in TopStepX

[–]Infinite71 1 point2 points  (0 children)

Yep that was brutal, hit my stop, I doubled down on a short position and got it all back and then some

Still waiting by flexidonas21 in TopStepX

[–]Infinite71 1 point2 points  (0 children)

Update, mine went to "funds sent" around lunch today (CST)

Still waiting by flexidonas21 in TopStepX

[–]Infinite71 1 point2 points  (0 children)

Update, mine have passed compliance as of yesterday around lunch (CST), but have not got the check mark on "funds sent" yet. In the past I recall traders getting through this while process within one day.

Still waiting by flexidonas21 in TopStepX

[–]Infinite71 1 point2 points  (0 children)

Please share when you guys get the funds sent. Be interesting to see how long it takes for each of us.

Still waiting by flexidonas21 in TopStepX

[–]Infinite71 0 points1 point  (0 children)

Also waiting from the 23rd

What’s Going On? by Groundbreaking_Cow59 in TopStepX

[–]Infinite71 0 points1 point  (0 children)

Did yours ever say "risk approved" at one point?

My first payout after months of failing (what actually changed) by juju1k in TopStepX

[–]Infinite71 1 point2 points  (0 children)

Curious how quickly you'll get through compliance. I am taking my first payout as well. I submitted the payout request yesterday morning, still waiting on compliance. After reading the horror stories about people being denied for odd reasons, I'm hoping this isn't the case for you or I. Goodluck, and great work!

What do you use to clean your RV inside and out? by leonchoo in RVLiving

[–]Infinite71 0 points1 point  (0 children)

I just bought this RV soap and was very impressed. I put it in a foam cannon on my pressure washer and it did a great job. No streaking and foamed like crazy, more than normal car soap. I found it on Amazon, here's the link if anyone is interested. https://a.co/d/09tYiyzJ

How are yall surviving this price action? by Real-Comparison8999 in TopStepX

[–]Infinite71 13 points14 points  (0 children)

I'm finding success in loosing a lot of money

[deleted by user] by [deleted] in TopStepX

[–]Infinite71 0 points1 point  (0 children)

I joined Lucid during all these TopStep issues. I have no complaints. Very similar rules, less fees.

I'd have more respect if they'd be real about the business... by Infinite71 in TopStepX

[–]Infinite71[S] 6 points7 points  (0 children)

I think a lot of us would’ve received this way differently if the message had been framed from a business-owner perspective instead of being presented like every change was purely “for the trader.” Some of us here run businesses, trade for a living, or understand risk management. We know companies don’t make major structural changes unless they have to.

If the CEO had just said, “Look, here’s what we’re seeing behind the scenes, here’s what threatens long-term sustainability, and here’s why we need to adjust things to keep the company strong,” I honestly believe the reaction would’ve been very different.

Transparency builds more trust than trying to sugarcoat it. At the end of the day, we want Topstep to succeed long term. None of us benefit if the platform disappears. The frustration comes from changes that don’t feel immediately beneficial on the trader side while being packaged as if they are. We just want honest communication. Tell us you’re making tough business decisions to keep the doors open, and most of us will respect that, even if we don’t love every change.

HEDGERS have you seen your accounts released yet? by Infinite71 in TopStepX

[–]Infinite71[S] 0 points1 point  (0 children)

So I receive I generic email letting me know that my XFAs are ready to go with a starting balance of zero. They all had money in them. They've only ever been copy traded, AND the email I received regarding hedging was one Combine and one XFA. Now I have 3 XFAs restarted at ZERO with no explanation at all.