The way we set up the program helps us discover and grow profitable traders that understand how to read and anticipate the market.
Chicago (PRWEB) November 01, 2011
TopstepTrader, a scouting agency that recruits and develops futures trading talent, unveils their sports-based business model: The Combine. A play on the NFL’s terminology, The Combine is a two or four week program that provides anyone the opportunity to become a live trader by mimicking the actual trader experience with its real-time trading simulator.
“There are many parallels between athletes and traders, so it made sense to start a program that recruits and develops trading talent the same ways professional athletes are scouted and developed,” said Michael Patak, President and CEO of TopstepTrader. “Just like the NFL, we use our Combine to find and develop talent, with the ultimate goal of making them profitable.”
People who enroll in the TopstepTrader Combine are “recruits” with a set of objectives for the program. Recruits also have access to specialized coaches and scouts who track and evaluate each individual recruit’s performance against the following criteria:
- Aptitude for trading
- Net daily profit and loss
- Average win versus average loss duration
- Proper Risk Management
- Trader Instincts
After successfully completing the Combine and meeting all of the Combine objectives, recruits are invited to the Live Trader setup. The recruits invited to be live traders will receive access to a fully funded trading account, provided by TopstepTrader. Additionally, the company does not require any capital contribution from their traders, creating a risk-free environment for a trader to grow.
“The way we set up the program helps us discover and grow profitable traders that understand how to read and anticipate the market,” said Patak. “It’s just like in baseball: If it’s the first time you experience a 100mph pitch, you’re going to swing and miss. If you’re dedicated, work hard, and practice, you’ll be able to anticipate the 100mph pitch and to knock it out of the park.”
Those interested in taking their trading game to the next level can sign up to become recruits in The Combine by visiting http://www.topsteptrader.com/combine. After signing up, you will receive your account information and your trading performance will be evaluated by the TopstepTrader scout team.
TopstepTrader is a division of Patak Trading Partners, LLC. Started in June 2010, TopstepTrader offers training, tutorials, and the Combine program for aspiring and experienced traders. Patak Trading Partners is a boutique proprietary trading group and member firm of the Chicago Mercantile Exchange based in Chicago, Illinois; founded by Michael Patak, a floor trader at the Chicago Board of Trade. To learn more, please visit http://www.topsteptrader.com/.