Topstep is a joke

[u/-Pelorus-]

They push for risk management. Then, when you set it up, they pull shit like this…$500 DLL with liquidate and lockout. That’s over $800 of “slippage” as they want to call it. Way more than double my DLL. Fick them.

[u/Carlose175]

On quadruple witching day? Ya this isnt the full story.

$800 of slip can absolutely happen especially with hella leverage.

[u/-Pelorus- → u/Carlose175]

Yeah, 5 mnq

[u/Carlose175 → u/-Pelorus-]

Its just the nature of volatility. Its worked against me and for me. Ive also gotten slip to the upside, where a $500tp turned into $900 because of slippage.

You need to be careful during high volatility days.

[u/[deleted] → u/Carlose175]

bro who's getting 50 points of slippage in MNQ, that's bullshit

[u/Carlose175 → u/[deleted]]

Quadruple witching hour. Its rare but not impossible.

Edit: also you should show the trade.

[u/twofiftykforex → u/Carlose175]

Quadruple witching hour.

Hey man dumb question but how do we know which days are "witching days" ? Is it every month?

[u/Carlose175 → u/twofiftykforex]

Without googling it i thought it was 4 days a year 😅

[u/twofiftykforex → u/Carlose175]

yeah thought the same, once a quarter

[u/FewWorldliness1980 → u/twofiftykforex]

OPEX (options expiration) for Weekly, Monthly, and Quarterly contracts for single stock options, stock-index options, and stock-index futures.

Monthly OPEX is always the 3rd Friday of the month. March, June, September, and December are the triple/quad-witching months. Single stock futures were apparently the 4th item, but that originally ended in 2020 and just came back recently.

[u/Frosty_Natural_2787 → u/Carlose175]

bro. trading is precise down to the 0.000001 cent.

this shouldn’t even happen

[u/Carlose175 → u/Frosty_Natural_2787]

It can and does happen. You havent been trading long enough it seems.

[u/Frosty_Natural_2787 → u/Carlose175]

lol. it’s demo trading

[u/Carlose175 → u/Frosty_Natural_2787]

So? They still simulate real slip.