Basically, I am looking for a scouting service similiar to Top Step Trader (topsteptrader.com). Top Step puts you through a "scouting combine" and then matches you with an equity backer if you hit all of the required profit targets for the given time parameters.
Does anyone know of an operation like that?
Never Make A Winner A Loser. Never.
0
To remove first post, remove entire topic.
Basically, I am looking for a scouting service similiar to Top Step Trader (topsteptrader.com). Top Step puts you through a "scouting combine" and then matches you with an equity backer if you hit all of the required profit targets for the given time parameters.
I have heard from some traders that Top Step is a legitamate way to gain equity backing.
The big problem is that the stake is only 50,000$ initially, with a 60-40 split....and the equity backers set the daily risk levels (I believe it is a 500$ per day drawdown max).
If a guy could land backing from 2 or 3 services like top step then it would be possible to trade properly, instead of being an ultra tight commissions mule......at least from the standpoint of trading someone else's money and not taking significant drawdowns.
No doubt the best way to trade is with your own disposable income, but that is just not possible in my case for now.
Never Make A Winner A Loser. Never.
0
I have heard from some traders that Top Step is a legitamate way to gain equity backing.
The big problem is that the stake is only 50,000$ initially, with a 60-40 split....and the equity backers set the daily risk levels (I believe it is a 500$ per day drawdown max).
If a guy could land backing from 2 or 3 services like top step then it would be possible to trade properly, instead of being an ultra tight commissions mule......at least from the standpoint of trading someone else's money and not taking significant drawdowns.
No doubt the best way to trade is with your own disposable income, but that is just not possible in my case for now.
If you choose to make use of any information on this website including online sports betting services from any websites that may be featured on
this website, we strongly recommend that you carefully check your local laws before doing so.It is your sole responsibility to understand your local laws and observe them strictly.Covers does not provide
any advice or guidance as to the legality of online sports betting or other online gambling activities within your jurisdiction and you are responsible for complying with laws that are applicable to you in
your relevant locality.Covers disclaims all liability associated with your use of this website and use of any information contained on it.As a condition of using this website, you agree to hold the owner
of this website harmless from any claims arising from your use of any services on any third party website that may be featured by Covers.