Topstep – How To Setup Topstep X For The First Time – My Setup

Topstep – How To Setup Topstep X For The First Time – My Setup

Transcript

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What’s going on Traders so before I get into my video about TOP Step and TOP Step X just want to let you know we’re streaming live daily at 9:15 in the morning and then we start up again between 1:30 and 2:00 in the afternoon if you don’t have anywhere to be in the afternoon or in the morning come join us live so I got a bunch of questions about TOP Step X and how to set it up from scratch so I

Got a brand new account so this is exactly what yours is going to look like when you come on to the platform and then I will show you my setup so let me see if I remember how to do all this um basically there’s a little X here um I don’t want that kind of makes my chart bigger um time in sales I really don’t want to be looking at that to be honest with you it just moves all day it’s

Just not something that I look at uh I click there and I just kind of scroll over now my chart is nice and big uh time to add some indicators so uh moving average so I’m going to add three of them so I click three times and they’re listed right here so one of them is the nine I just want to change the color and then one of them is going to be green and I put the 34 in there 200

I do style I like the 200 yellow all right so I have the N9 to 34 all right and then I bring on vup which is blue for me I mostly trade I trade the minute but I’ll switch back and forth to be honest with you um and then yeah I mean this is a simple IED version let’s click on indicators let’s see what else we want to add on actually um do they have vop bands on here probably not they

Only have they don’t have any of the community scripts so this is trading View and they don’t have any of the community scripts so I’m just looking to see what else I would possibly add on here um so the macd can I edit the [Music] M they’re not letting me edit what I want to edit I change the the things on the uh macd to n to 595 to have a quicker response time and less lag so I mean for the

Most part I do add uh super Trend in there just for uh visual ual I guess visually I can just look and kind of see what’s going on I know people trade off of it I don’t really trade off of it it’s just kind of a a visual thing to me and sometimes I’ll take it off so if you want to just leave your indicator on there but take it off your screen you just hide it like that and it’s pretty

Simple um being that we have no indicators on on the bottom I’ll probably throw in my macd and I will try to figure out oh so see where it says this I figured it out settings inputs it’s a little bit more choppy but it’s definitely a uh it’s definitely less lag so that’s kind of why I go with it I know not everybody likes it but that’s kind of what I do um let’s see if I can I can definitely make

This lower just got to click somewhere oh here it is and then down here you have your accounts your positions your orders your trades they got this tilt thing which during um Market hours you can see who’s in what most of the time people are on it’s uh just a thing I guess so yeah so you know couple of things about TOP Step I like you can just right click right here I can just do a market sell Market buy I

Could put my stops in just by clicking where I want it and it’s pretty pretty nice that way I I really like that and then you can obviously do uh you know your drawings and then you can click over here if you want to just draw a solid line at a certain level which is super easy to do right click you can remove it they also have Fibonacci which is right there um yeah so they got a lot of tools here

But my setup is exactly what you see I then use uh trading view for some of the scripts that TOP Step doesn’t have but this is pretty much how I do it then basically you go up here um you could add so say you wanted to look at more than one symbol you can click here and it’ll bring up multiple um I’ve never saved the layout but every time I load it up the same layout is here so let’s see what

Else we could do the body of high low no everything’s pretty much how I want it so this is pretty much the simple setup that I keep on top step the only things that this doesn’t have is pbot points um other than that this is pretty pretty much what I trade I keep it really simple with vop the 200 to 34 and that’s it I kind of play uh Trends and uh and pivot Points mostly if you watch my videos and

Uh I don’t need a ton of other indicators I will say you can definitely play around with some of these like Binger bands I’ve had on my chart before I actually have vwap bands on my one of my charts so I have like five charts that I look at and there’s different stuff on each because if you put too much stuff on one chart it just it looks crazy so I’ll open up several tabs and each chart has a different set

Of indicators um you know I also I actually use the orb 15 but that’s not on here um but like I said you don’t want to have too much on one chart otherwise it gets just ridiculous ridiculous ridiculous so this is pretty much how I’d set this chart up and then obviously I have trading view where I would have my other charts with some of the scripts that this does not have but you definitely want to have things on the chart

You’re actually trading plus it’s easy like say you want to you know do a 200 rejection when you just put it right here it’s not going to let me do it but there would be an order right there I’m outside Market or uh hours cuz it’s Saturday so it’s not letting me do it um but yeah this is a simple setup um if you have any questions about anything just uh just message me or comment best best way is comment because

If you have a question somebody else has a question so that’s pretty much simple just remember up here is your daily loss limit keep an eye on that um you don’t lose the account if you lose a th000 bucks it just stops you for the day and then basically uh you start over tomorrow the consistency rule is you can only make uh 50% so you can only make $1,500 in a day on the 50ks um this is your maximum loss limit

If you lose $22,000 uh you’re done and then obviously if you lost $1,000 today tomorrow if you lost another th000 the account’s over um if I make $11,000 today then this draw down goes up a th000 it’s based on end of day so this draw down would go up a th000 and then uh my account can’t go any lower than 49,000 and everything’s out in the open right here um this is unrealized this is if you’re in a position what you’re

Up and down and this is what uh you’ve sold um if you’re up or down and it’s pretty pretty cool platform and then they have uh some of the other stuff Trader hubs uh your stats um they have YouTube TV so take a look play around yourself this is my setup people have asked what what I do and how to do it um some of It’s Tricky CU little X’s are hidden uh but yeah and by the way these are the

Best for me flatten all means it just basically gets you out of everything it basically cancels all your orders sells you all your positions and I believe cancel all just cancels all the positions but leaves you in whatever you’re in all right it cancels all the orders I’ve never done a reverse position um but yeah it kind of self-explanatory all right well that’s it if you have comments on this I’m going to start trading TOP Step X on Monday I’ve had

Accounts before be sure to uh like the video and subscribe um I just like their payouts so I am going to try to get one funded I’ve never been funded by TOP Step so it’s kind of a goal of mine I’m going to take it nice and slow trading One Mini at a time and let’s see what we can do all right take it easy guys