mp (@MichaelPatak) header
mp (@MichaelPatak) profile picture

Founder & CEO of @Topstep / Created the online prop firm industry in 2010 / 1.5B+ in total Payouts / Over 1m traders to date / Trader since 1997

Chicago
Joined August 2012
Photo by mp (@MichaelPatak)Photo by mp (@MichaelPatak)Photo by mp (@MichaelPatak)Photo by mp (@MichaelPatak)Photo by mp (@MichaelPatak)Photo by mp (@MichaelPatak)Photo by mp (@MichaelPatak)Photo by mp (@MichaelPatak)Photo by mp (@MichaelPatak)Photo by mp (@MichaelPatak)
I became a trader to take payouts aka make money … I blew out in the beginning losing a lot of money bc I ONLY focused on the money… shifted gears focused on the process, worked hard on staying disciplined, living to trade another day was my motto. The grind pays off but it’s a grind. Good trading is boring and building a career was 10,000+ hours of mental pain but it was 1,000% worth it.
Anthony brings up a great point that does need more airtime. And this is the same point that I was trying to get at with posts in the past that asked “do you want to beat prop, or do you want to be a trader.” Payouts obviously get views. That’s the fact. But too many people are giving up the reason they got into prop (to trade and have independence) for the goal of chasing this game of beating prop. That game is exhausting. Maybe I’m old man yelling at clouds. But I’d encourage anyone to think about what they want from the industry. What are you giving up by full porting a trade? What did it cost you to get here, now in time, money and, most importantly, energy. Those are the risks.
13
2
75
3,299
Additional take: have multiple income streams as a trader. Takes pressure off HAVING TO make money.
7
457
👀
I spy with my little eye: something new in TopstepX @dotjosh @Ty_Damore
7
1
41
9,897
STARTING NEXT WEEK: Locking yourself out never felt soooo good…. Hope u guys love this feature. I know I do. Set your schedule and we help u stick to it. The feeling you get when you’re locked out keeping you disciplined. It’s pretty damn good feeling. youtube.com/shorts/vl27veENI…
33
7
2
158
23,625
New MERCH store launches THURSDAY of next week. Swag is off the charts (see what I did there 🤪 )… and Payout Club hats will be available
Slide me hat big dawg I got the 5k profit already
7
2
1
42
4,547
hang with Topstep / get free stuff 🤔 Makersherald gets it! I jacked up the budget on giveaways .. got the team giving things away much more often within @TopstepTV and our Topstep Discord.
whattttt!!! I won a free $250k combine!!! @TopstepTV Fire drill no way!!! Gotta put your name in the pot to win🤷🏽 Thankyou. Incredible opportunity with this account. Right up my alley😍
20
1
1
69
7,615
Free stuff in our discord as well???!… 😱 Oh also something we did that’s really cool we created rooms in discord for each of the 50 states in the United States. So if you’re from one of those states, go join a room, find a Trader at Topstep who lives in your neighborhood
Some fun stuff happening for synced traders in our Discord... 👀 discord.gg/topstep
15
1
66
7,252
"DLL and locked out this two thing i am going to use every time now" Smart trading! These two risk features help BIG time
TopstepX account snapshot imagine i was just 400 usd ways from my payout then one day come i lost 4500 in profits i titled like looser now slowly building again if this labs account had DLL people think daily loss limit is use less i don’t know why but DLL very much necessary to make you professional trader DLL and locked out this two thing i am going to use every time now @Topstep @dotjosh @MichaelPatak by the way topstep ceo is right about dll
8
29
5,252
Pumping out STATICs.... if you like I will push @dotjosh and @Ty_Damore to make permanent ..
🥼 Labs Drops #012 and #013 are here. We're going bigger this time. Two new Static Trading Combines for traders who like to put on a little more size. 🧪 100K Static $4,000 static max loss limit $10,000 per-payout cap $199 one-time 🧪 150K Static $6,000 static max loss limit $12,000 per-payout cap $279 one-time Both available directly from your Topstep Dashboard now. Full details: dashboard.topstep.com/labs
64
3
3
233
12,694
We got a feature coming out so you don’t exceed consistency target it will auto help u take profits and lock u out. TopstepX risk features are hands down the best. That’s why we built our own platform. We love Risk Features that help u help yourself. Which helps your account
+$2,222! PDPT reached in a few minutes today. All praise to the most High. #TopstepX 🙌🏼
18
4
2
165
10,173
“Give it away” .. a @TopstepTV thing they do quite often and a great song by George Strait
Fire Drill still not enough free stuff? We got you. ✅ Daily Topquiz giveaway at 12pm CT ✅ Daily ThunderDOM giveaway at 1pm CT 🔥 SPECIAL STREAMATHON TONIGHT with @ItsJayCook and @CoachDBA... and we'll be giving out $50K Combines all night If you're still not satisfied, that's a you problem.
5
1
1
47
4,652
Following!!!
I told you all I’d be giving away my first ever daily payout from Topstep to one of my followers 👀 I’m working through the eval and about $1,000 away from passing. Y’all get ready!
5
5
65
7,752
🔥 🚒🚒🚒🚒🚒🔥
Your 11/11 wish has come true... we're running it back 😏🔥 Tap in for Fire Drill round 2 🚨xitter.gq/i/broadcasts/2jPOQEWlK…
3
1
54
4,684
DLL STILL the reigning champ as the BEST damn downside protection for any trader ... days get bad dont let them get ugly ... hitting your dll is very doable to make back the next day over the opposite of blowing up your account prop or personal all in a day.
-$1,000 yesterday hitting DLL. Almost got all of it back before NY. I probably would've blown this yesterday if it wasn't for the DLL. @Topstep DLL saved my account. @MichaelPatak responsible trading.
16
113
8,072
The mustache is straight chi city … born from the pits of Chicago and been helping build Topstep for over 12 years and counting. He’s so not an Internet social media guy but I talked him into putting himself out there. Welcome to Twitter Mick and happy 40th bday today!!
I’m Mick, Director of Risk Management at @Topstep. If you hate the rules, it’s usually because nobody explained the math behind them. That changes today… oh and I’m known for my mustache.
5
119
8,586
Friendsgiving has its perks … 50% off perks
Everybody eats at the Topstep table. This limited-time offer is starting soon… who’s ready? 🦃
9
1
71
10,968
Double shoutout to our engineers for getting AWS to take notice and reach out to right a blog on us. Pretty cool nice work team Topstep engineers!!
2
40
4,330
Ya there is a lot of update. Some u may not know and may be super helpful to your trading day.
TIP: You may want to bookmark this @Topstep web page and watch it closely over the next few weeks... or next week... or this week... 😉 topstep.com/topstepx-updates
9
3
90
9,345
we have daily payout accounts now … another way to jab away at these markets
Topstep daily payout acc might be goated @Topstep @MichaelPatak @CoachDBA @ItsJayCook
6
40
5,629