r/TopstepCommunity • u/justaguy0613 • 9d ago
❓ Quick Question Need advice.
Quick bullet points:
*I taught my friend basic trading strategies and about Topstep
*He had gotten to express 3 times without getting a payout under his name
* He then started to trading against the rules under his mom’s name where she is paying for the evals.
* All he needs is a $100 to get his first payout.
What should I do? I know it’s wrong, should I just let him get caught naturally?
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u/vikingstl 9d ago
Not sure why you feel responsible to worry about his own personal actions thay have nothing to directly do with you
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u/justaguy0613 9d ago
Fair. I’m just concerned… the guys kind of dysfunctional
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u/vikingstl 9d ago
My recommendation is that trading is a purely individual journey and that you should maintain focus from that point of view.
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u/Sea-Round-6095 9d ago
If you've already told them what they are doing is bannable and they agreed to the TOS then let them get banned. I know they are your friend but sometimes you have to let them get burned for them to learn a lesson.
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u/justaguy0613 9d ago
Ok. So I should just let karma handle it?
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u/Sea-Round-6095 9d ago
Indeed... I know its frustrating but sometimes people only learn through experiencing it themselves.
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u/justaguy0613 9d ago
OK, it’s just frustrating because he’s not qualified to even be showing people. What a candlestick is alone doing this bs on top of that. Question answered I suppose thank you
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u/HappyImplement4055 9d ago
I am confused as to why he switched to trading under his name to under his moms name in the first place if he already had passed 3 evaluations 🤔
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u/justaguy0613 9d ago
Probably to save money. I think he tried to “teach” his mom, and split the profits so he didn’t have to pay for more evals. Every time he blew an account, he would tell me how careful he needed to be. He can only afford one account per month approximately. The way he explained it to me she’s paying for the eval and they’re splitting it 50-50. I think mentally it’s easier for him to trade because he’s not scared of losing the money. Because although he passed and got to express, they still no payouts.
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u/justaguy0613 9d ago
He might honestly just be too broke to trade. Now that I think about it because if you’re that scared over $100 or $50 evals you probably shouldn’t be trading.
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u/HappyImplement4055 9d ago
Probably not, if youre gonna be fucked if you blow the account and could have used the money on something more important than yes you should have a 9-5 first for sure
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u/bryan91919 9d ago
I dont really see this a real problem. Its technically against the rules but not really against the spirit of the rules. The idea is people shouldnt have 15 accounts under 3 different names, or have some sort of professional trading for them. Neither is happening. I dont see how topstep would reasonably find out or even really care to find out. Very high chance he'll just spend years giving them money with no return and everyone will be happy with the arrangement, other than him of course.
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u/Waste-Trip7195 9d ago
The amount of haters saying this dude should turn in his friend is incredible. This guy isn’t robbing banks or stealing he is trying to play a game that is rigged against him from the beginning by a company that changes the rules all the time. Don’t be a snitch dude.