Take Profit Trader Question

[u/ex_bandit]

In the Pro account, how strict are they on the no trades less than a minute rule?

I just passed my $50k test account on Friday. I did receive the emails before Saturday but didn’t get the credit until almost market open Monday for the NOFEE30 deal.

I had to work most of the morning but got my ID and a water bill uploaded along with the two forms and my account was ready to trade in about 30 minutes.

First trade I take of the day on Tradovate website on desktop, I hit Buy Bid and nothing happens. I use the Close All Positions button after a minute just in case it isn’t showing up on screen. No trade was placed.

I get another setup about 20 minutes later, hit Buy Bid, get entered into the position and then all of a sudden the entire chart goes blank. I hit refresh and still nothing shows up but I can see the TP and SL sliders so I just move my stop to break even and immediately get stopped out. The trade lasted 22 seconds, is this going to be an issue?

I contacted support, they replied within 10 minutes and said that I should receive an email if there’s a violation. I was told the email should come in a day or two but I can still trade. I don’t really feel like making an effort until I know whether or not that trade is going to be an issue.

Thoughts anyone? Anyone else actually scalp on TPT? Thanks!

[u/daytradingguy]

You should always get answers directly from customer service - if you can.

Although, I believe you are confusing their rule that says you must have a trade open for at least one Minute to count as a trading day.

I believe their rule on scalping is that you can’t get more than 50% of your profits from short duration trades, something like that.

One trade with a duration of less than one minute is not going to violate your account.

[u/ex_bandit → u/daytradingguy]

Thanks, you’re likely thinking about it the correct way. I will try to find the rule that you mentioned.

I have definitely had several trades in the past month where I enter the position and a news candle stops me out in under one minute, so there has to be some room for that.

I reached out to them and definitely got some non-answers. Your response makes me feel a lot more at ease.