TopStep Combine - Risk Parameters

The following are the general risk parameters and rules I'm following for the $50k Combine.

It's worth noting that this is under the current volatility environment. If the VIX falls back in the single digits this will change dramatically.

Trading the ES only. Trade mostly during RTH hours with the occasionally early morning or overnight trade.

1 - 2 lots per trade based on risk.

~6 points max risk per trade. 6 point stop is based on the current rotations in the ES. A few months ago, 3 point stops were fine but now that's increased considerably.

~12 points max risk per day (hard stop per day around $500-$600 - TS allows $1k but I want to allow myself ~4 losing days in a row before hitting max lose).

Will attempt to find trade locations where a 3 point stop is still valid but won't force it so I'm not chopped up.

Entry / target / stop location are based on market profile / volume profile.

I plan to start with 1 lot trades, then as capital builds throughout the day possibly add another lot if a good trade location presents itself.

Enter at LVNs, exit at HVNs unless at an important level.

Context is king. Always keep an eye on higher timeframe context, daily market profile, and daily volume profile.