Day trading requires an in-depth knowledge of the stock market. And if you have the right stuff, and bring the PROFITS, then you can easily get funded to trade stocks.
TopStep Trader is a prop trading firm no capital contribution. They will fund qualified traders up to $100,000 in buying power.
And to get a funded trading account you have to “prove your worth” with the Forex T4TCapital Assessment.
The T4TCapital Assessment is a simulated trading experience that parallels with current stock fluctuations. You’ll be given an opportunity to PROVE that you have what it takes be trusted with the firm’s money.
There is a fee for taking the T4TCapital Assessment. However, I can only imagine the thousands of want to be traders, hoping to get a funded trading account.
This challenge allows no discrimination, it’s just… Put up or Shut up! If you can do it, prove it. And if you can’t… DON’T. It’s that simple.
So here’s a little on what you’ll need to know before heading over to register with Topstep Trader.
Generally, people who trade with financial instruments, do so with the purpose of making profits.
One of the key components of ensuring profits and minimizing losses is not to take too much risk per trade.
There are strategies and techniques of day trading. The correct guidelines and knowledge can take you to the top of the game.
Trading like a novice can end you up in a pit of debts. Getting started in day trading is not like getting immersed into investing.
There are certain patterns one needs to know to make profits of large margins. There is a risk of keeping your own capital at stake in the stock market. So losing cannot be an option.
If you are willing to participate in day trading, you must be equipped with certain techniques which will make you trade flawlessly and gain a wide margin of profit.
If your experienced in day trading, you will easily live off your profits from trading and also be prepared to risk your capital everyday to make those profits.
This can change into a full-time job which will eventually allow you earn enough money for your well being.
In addition to your capital, you will have to be connected to an online broker or a platform through which you will buy and sell commodities and also the correct software on which you can have a survey of the market every day.
There is a certain amount allocated as the brokerage commission for your broker. Including all these expenditures, one should be ready to make good profit in the trading business.
TopStep Trader is an online platform which provides you with the
correct knowledge of day trading. Here, you have different online
lessons through which you learn the tactics of the profession.
The site offers you with a series of online videos that guide you through the process of basic concepts to advance day trading techniques.
A dashboard is included in the site which gives you the feedback and analytics of your trading so that you can analyze your own performance. The analyses include profit and loss statement, transaction history and trading reports.
They have practice sessions where you can practice your day trading skills and enhance your skills.
Once you qualify their assessment, you are eligible to get a funded trading account from the company. This means you can be a day trader with no capital contribution!
A site which helps you improve your skills and also provides you with funding; isn’t that great? TopStep Trader is a great platform for the new day traders in the market.