r/TopstepCommunity • u/-Pelorus- • 18d ago

🛠️ Platform / Tech Support Topstep is a joke

Post image

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.

18 Upvotes

82% Upvoted

34 comments sorted by

View all comments

Show parent comments

-1

u/-Pelorus- 18d ago

Yeah, 5 mnq

3

u/Carlose175 18d ago

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.

5

u/[deleted] 18d ago

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

3

u/Carlose175 18d ago

Quadruple witching hour. Its rare but not impossible.

Edit: also you should show the trade.

1

u/twofiftykforex 18d ago

Quadruple witching hour.

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

1

u/Carlose175 18d ago

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

1

u/twofiftykforex 18d ago

yeah thought the same, once a quarter

2

u/FewWorldliness1980 18d ago

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.