Danny

@Patrickwieland Top is in 😂

Bullish on #Pokemon got Kim K buying packs now

@CoachDBA @ProbableChris @SunlessTrading 🤷‍♂️my bad, clearly I assumed 😂

@GridironSapiens @ProbableChris @SunlessTrading This is my personal i have traded over 15 years. Nothing to do with Topstep. Since day 1 the goal has always been live at Topstep. Btw I have not deleted any posts regarding that. Dont make assumptions or speak on what you dont know facts.

Cmon, where are all those Simfluencers, course/discord sellers, and sim traders at? Its okay to trade in a sim to learn, take a step back, or practice. Dont sit there and sell shit to the public doing so & being deceptive about it. Most i see are barely old enough to drink.

@MichaelPatak 🤞

Getting that payout hitting your bank account.. you will feel the speed!!! give it a test run on your next payout request

@CoachDBA @ProbableChris @SunlessTrading Calling out fake profits is fair. But your live account came from sim success under the old Topstep rules and deleting all those past posts of those days makes the criticism pretty ironic.

You guys are not understanding the difference of showing that what i post and demonstrate is real live trading. Compared to most of what you see online that are purely screenshots that most likely are sim accounts. "I have nothing to prove" as I have already proved and demonstrated it. No need to jump at the request of randoms online that dont do their research.

@CoachDBA @ProbableChris @SunlessTrading Then why post at all, if nothing to prove? It literally says confirmed and “proof” 😂

@ProbableChris @SunlessTrading You first bud. I have nothing to prove. Maybe do your research better.

@T3metrics @ZamcoCapital @Topstep @MichaelPatak I do 🤷‍♂️

@GridironSapiens @ZamcoCapital @Topstep @MichaelPatak If you use Wise on the new dashboard, 24 hours.

I see members of my community have been waiting 8 days and have not received their payouts from @Topstep I thought you claimed your payouts were “fast” @MichaelPatak …… can’t live up to your words?

@T3metrics @ZamcoCapital @Topstep @MichaelPatak Not once has a payout hit my account that fast from top step

@ZamcoCapital @Topstep @MichaelPatak Never had a payout take more than 48 hours, and most hit my bank within 24 hours.

@MichaelPatak @StackedSniper @Topstep

@StackedSniper @Topstep Oh, we’re gonna be super super super super fast … now we’re just fast. But eventually super duper

I can’t wait for @Topstep to get faster when it comes to payouts. Don’t get left behind vs everyone else in the game. @MichaelPatak

@Emmonspired @dontbsalti @tomsabo Cost of living is really low in Hungary

@dontbsalti Higher than the average monthly salary in Hungary, as I learned from @tomsabo

Nahhh 😭😭😭😭 $1250/mo for 9am-6pm is insane. Furu influencer w fake followers??? Here’s 5k-10k no prob. Oh someone who actually has to work? Best I can do is 1k 😭

@thankskerjay @BrettSimba Is that even minimum wage 😂

@BrettSimba $7.00 an hour for a discord moderator is wild

If you work at another prop or are looking for a job in the space check us out! Hiring: - Product Manager - Full-Stack Engineer - Senior Product Designer - Web Designer - Livestream Producer + more Perks: - UberEats/wk - Health Insurance - 401k + more tradeify.co/careers

@Topstep Slowest payouts. Period

Best payout policy. Period.

@MichaelPatak @TopstepTV Why are your payouts the slowest in the industry??

Going live around 9:15am CT. If there’s something you want me to hit while I’m on, send it now: go.topstep.com/questions-for-… Here’s link to @TopstepTV 👇 youtube.com/live/4s7Bme9jS…

@MichaelPatak @TopstepTV You built the rulebook. If you don’t like how it’s being used, update it, but spare us the moral lecture.

On @TopstepTV tomorrow at 9:15am ish CT. Markets, risk, Trading Responsibly (hot topic) and whatever you want me to address. Drop your questions here and I’ll rapid fire some answer where I can…it’ll be fun. Join me & Dre is back wonder where he went go.topstep.com/questions-for-…

@MichaelPatak Not a morality issue. It’s an incentive design issue. If high variance was allowed and rewarded, that’s on the structure — not the trader.

We got “Trading Responsibly” on our mind and thinking how we can help traders stay in the responsible trading zone. There’s Longevity is that approach

Question- if you blow 10 150k accounts w/ a drawdown of 4,500 max loss each for a total of $45,000 in trading losses in a day and let’s say your 11th account you make 5k profit is that good trading, curious if this is trading responsibly or not in your opinion ..?

@futureyiu @MichaelPatak Only if balance is high 😂

@MichaelPatak Hey @MichaelPatak I accidentally shorted an xfa while I was long on another and it was 24 seconds long and swear 💯 accidental. And I hear stories so many people getting facked for stuff like this is this true am I gonna be one of them ?

A good Prop program sets you up for Live trading wherever that maybe.

@owensd @KrysAlpine Topstep retweeted your original YOLO/degeneracy framing. I don’t disagree it’s their capital and they can manage risk however they want going forward. But retroactive changes are the line. Adjust the model forward, don’t rewrite outcomes after the fact.

They aren't blaming traders (unless you're mixing the hedging in with this, which is a different topic), but they are fixing a risk problem they had. Does it suck if you happened to be one of them? Sure, but it should only be a slight annoyance. Like getting denied from Apex for a MAE violation. If they took away your ability to get that money, I'd be more upset with the changes. Honestly, I'm surprised they haven't been hit by it before. They somewhat did and they moved from uncapped to capped. But come on, you can't hit the profit target to unlock the next 20%? That's a pretty nice incentive to not be a degenerate.

These posts piss me off b/c they peddle their prop firm codes to everyone. There's a lot of stuff to rightly complain about Topstep, but this isn't it. Notice the lack of disdain for Tradeify and Lucid's live program. Apex's constant denials? Nope - they get paid from them.

@MichaelPatak @SithHaters If it’s purely a proving ground, then rule stability matters even more.

Its XFA.. That is sim.. That is where you take a payout and where risk monitors you for call up to live... the balance is not earnings or real.. you are still in sim. Live is real capital.. It is real prop capital.. It is your earnings when you take a payout and that money hits your personal bank account.. that is always how props have worked..

This tweet will haunt him forever. Yikes.

@KrysAlpine @owensd Agreed. Market shocks happen. Firms adjust. That’s different from blaming traders for operating within the rules. Call it risk recalibration, not degeneracy.

@GridironSapiens @owensd They got hit big in silver. It’s kind of necessary to do what they’re doing for now. Who knows how many people ran up accounts. Only they know.

@owensd @KrysAlpine Adjusting position size as markets evolve isn’t the same as rewriting contract terms after participants enter. Traders adapt within the rules. Firms changing the rules midstream when payouts rise isn’t adaptation, it’s altering the agreement.

@GridironSapiens @KrysAlpine Do you change risk in your trading strategy when markets evolve?

@owensd @KrysAlpine Topstep built the system, modeled the risk, and set the pricing. If traders follow the rules & payouts rise, that’s a flaw in the model, not abuse.Helping traders cannot mean tightening rules when payouts increase, but staying silent when losses spike.

You buy a $50k account and run it up to max. Topstep has two options: 1. Let you just milk it for 5-6 payouts with the minimum profit, which costs Topstep $30k. 2. They move you live. If Topstep puts $50k in your live account (real money) and you continue yolo'ing and blow it over the course of a few weeks (the DLL is like $2k, or maybe you can get it expanded). Topstep is out $50k. Topstep is like... nah, I'm not risking the full $50k anymore. We'll still give you your $50k, but it's going to be locked behind profit targets. So you start with $10k. Topstep is now risking $10k of capital. You hit $3k profit, Topstep gives you another $10k. You then proceed to blow the account. Topstep is out $20k now instead of $50k. Or the $30k from your milking plans. Best case for you is you hit your $15k net profits, you get your full $50k from the XFA, Topstep is making $1.5k on your $15k payout. They are still out $50k. I don't know what is scary about what we've seen with Topstep. Lucid already has an escrow program that is worse. Tradeify's live move is even worse than that. TFD straight up is like no, we aren't paying you from sim money, we'll just move you live with a small capital start. Apex laughs itself to the bank as people keep blowing 20 accounts at a time. I will concede that the new live rules should only apply to newly activated XFAs (with the option a refund on a passed eval that hasn't been activated). If that's the scary part you're referring to, then ok. But everyone is out here like, "oh, my hard earned sim profits are mine!". No, they are not. All the firms that have a live program clearly state they can move you live at any time. Also most of these traders are just trying to game the system b/c you only need one max payout to break even on like 50 accounts, so they are just yolo'ing. Sure, the failed attempts are good for prop firms business, but if you want to be able to make money as well, the firm needs to have risk controls in place to prevent huge payouts from pure gambling.