Price Action on TopStep is rated excellent fit. There are no major rule conflicts. TopStep offers 2 rules that actively support this strategy. Recommended timeframes: 15m, 1H.
Trading based purely on candlestick patterns, support/resistance, and chart structure without indicators. Includes pin bars, engulfing candles, inside bars, and key level reactions. Versatile across all markets and timeframes.
TopStep has no minimum trading day requirement. You can pass the evaluation whenever your price action setups present themselves -- no need to force trades on slow days.
TopStep offers futures markets, which align well with Price Action's typical instruments.
Since TopStep requires same-day closes, use shorter timeframes for entries and exits. Higher timeframes can still inform directional bias.
For price action on TopStep, risk 0.5-1% per trade. On a $100,000 account, that is $500-$1,000 per trade. With a 2% daily loss limit, you can take 2-4 setups per day without excessive risk.
- Exceeding the 2% daily loss limit by revenge trading. After 2-3 losing price action trades, the emotional urge to "make it back" leads to oversized positions that breach the daily cap.
- Ignoring how EOD trailing drawdown affects multi-day P&L. Price Action traders often focus on per-trade risk but forget that closing green today raises tomorrow's floor.
- Violating the consistency rule ("No single day > 50% of total profit"). A single large price action winner on a high-volatility day can trigger this rule, even though the trade was well-managed.
- Oversizing positions to hit the profit target faster. Price Action has defined risk parameters -- increasing size beyond your plan to speed up the evaluation is the fastest path to blowing the account.
- Over-trading on slow market days. When price action setups are not presenting clearly, forcing trades leads to death by a thousand cuts against the daily loss limit.
| evaluation | funded | |
|---|---|---|
| Daily Loss | 2% | 2% |
| DD Type | Trailing EOD | Trailing EOD |
| Overnight | No | No |
| News | allowed | allowed |
| Weekend | No | No |
| Consistency | No single day > 50% of total profit | No single day > 50% of total profit |