Best Topstep Strategies 2026: Combine, XFA, and Live Funded Tactics

As of April 2026, the best Topstep strategy isn't a chart pattern, an indicator stack, or a copy-trade signal service. It's a pacing framework built around the Combine's intraday-trailing Maximum Loss Limit, the 50% consistency rule that applies through both Combine and XFA, the $150 winning-day threshold that turns daily P&L into pass-eligible currency, and the $5,000 first-payout cap on the $50K path. Trade smaller than the contract cap, spread profits across multiple winning days, respect the buffer above the trailing MLL, and plan the first XFA cycle around the cap. Topstep is 12 years old. The ruleset is mature. The strategy is structural.

This guide is the strategy pillar for the Topstep cluster. For the rule mechanics behind it, the Topstep rules overview is the canonical reference. For news-day tactics, the news trading strategy breaks down the post-print playbook. For first-cycle payout planning, the first payout strategy guide walks through the $5K cap math.

I've traded Topstep for 3+ years on the $50K Combine and pulled around $17,000 in cumulative payouts. Multiple Combine passes, multiple XFA cycles, TopstepX as my preferred platform. Most of what's below is first-person on $50K. The $100K and $150K Combine sections are third-person — Topstep documents the specs publicly, but I haven't run those sizes personally. Live Funded is third-person across the board: only 0.71% of XFA traders advance, and the discipline test there is its own multi-month project.

Three stages, three strategies

Topstep is a single-path 1-step product, but the journey runs through three structurally different stages. Each stage requires a different pacing approach.

Combine is sim-funded evaluation with intraday-trailing drawdown — the strictest variant in futures prop. XFA is sim-funded post-Combine with EOD-trailing drawdown that locks at $0 — significantly more forgiving. Live Funded is real money on FCM-backed execution. The strategic implication: the rules tighten and loosen at each transition, and ignoring the shift is a common breach pattern.

The intraday-trailing Maximum Loss Limit and what it means

Every Combine account uses Trailing Maximum Drawdown in intraday mode. The mechanics are simple but the strategy implications are deep.

• Intraday trail, not EOD. The MLL trails live equity in real time, tick by tick. Every new equity high pulls the floor up immediately.
• No starting-balance lock. Unlike YRM or Alpha Futures EOD-trailing accounts, the Combine MLL keeps trailing through your entire passing run. The floor never stops moving until you hit the profit target.
• Hard breach is intraday. If live equity touches the MLL at any point, the account is closed. There's no "but I closed the day green" recovery.

The strategy boils down to four rules. Trade with a buffer above the MLL — never park your equity right above it and trade big size. Be aware that every winning trade tightens the MLL above you. Take partial profits to bank realized P&L instead of letting unrealized peaks pull the floor up too aggressively. Reduce size as you approach the profit target — paradoxically, the closer you are to passing, the closer the MLL is to your live equity.

Worked example, $50K Combine:

• MLL: $2,000. Starting floor: $48,000.
• Mid-session: equity peaks at $50,800 → floor moves to $48,800.
• Live equity drops to $48,700 on a give-back trade → hard breach, Combine fails.
• Account didn't even close the day red. The wick into the trailing floor was the breach.

This is why the Combine is fundamentally harder than XFA. On XFA, the EOD trail locks at $0 (starting balance) once you've earned enough cushion. On Combine, the floor never stops moving. The drawdown explained article covers Combine vs XFA vs Live mechanics in full.

The 50% consistency rule pacing tactics

The 50% consistency rule applies during Combine and continues during XFA. Most traders focus on the dollar profit target and forget the cap until the math blocks the pass.

The formula is simple: highest single-day profit divided by total cycle profit must be under 50%.

Combine pacing, $50K example:

The Combine target is $3,000. The biggest day must stay under $1,500. Practical pacing: spread profits across 6-10 winning days, target around $300-$500 per day as the planning ceiling, never let a single day exceed $1,200 as a buffer.

If you make $3,000 across six days at $400 / $500 / $600 / $400 / $500 / $600, your biggest day is $600 / $3,000 = 20%. Clean pass with consistency cushion. If you make $3,000 across two days at $1,800 / $1,200, the biggest day is 60%. Fail, even though the dollar target is hit.

XFA pacing, post-Combine:

The 50% rule continues. On Standard XFA path, you need $5,000 cumulative across 5 winning days, biggest day under $2,500. On Consistency path, you need $6,000 cumulative across 3 winning days, biggest day under $3,000. The Consistency path's tighter day-count actually makes the consistency rule harder to violate by accident — you can't accidentally concentrate when you only have 3 days.

For the full breakdown of how the 50% rule interacts with both paths, see the consistency rule guide.

The $150 winning-day floor

A winning day at Topstep requires the day to close with at least $150 net profit. Days that close below $150 don't count toward the 5-day Standard XFA path or the 30-day Live Funded unlock. The current PTV body has wrongly listed this as $200 in legacy articles — verified $150 in the Help Center as of April 2026.

The strategic implication is sneaky. A scalper who books $80 net six times in a week has zero winning days. A trader who books $160 net six times has six winning days and is theoretically Live-progress-eligible.

Daily targets to keep cycles moving:

Aiming for 2x the floor on each session is the safety margin. If you target exactly $150 and take a small loss before the close, you fall under the floor and lose the winning-day credit. Aiming for $300+ on $50K means a single $100 loss still leaves you with $200 net, winning day intact.

Position sizing relative to the trailing MLL

Topstep publishes hard contract caps per account size. These are ceilings, not recommendations. The maximum contracts guide covers the full table.

The risk-per-trade rule:

One ES point equals $50 per mini. A 4-point move on 4 minis is $800. An 8-point move on 4 minis is $1,600, already 80% of the $2,000 trailing MLL on a $50K. The contract cap allows 5 minis, but the math allows 1-2.

Always trade where one stop-loss event is at most 50% of the MLL buffer. On $50K Combine with $2,000 MLL, that's a $1,000 max single-trade loss. At 2 minis, that's a 10-point ES move. At 1 mini, 20 points. This is why 1-2 minis is the practical zone on $50K, regardless of what the contract cap allows.

The Daily Loss Limit is a separate, softer constraint: $1,000 on $50K, $2,000 on $100K, $3,000 on $150K. Hitting the DLL closes the account for the day but isn't a rule violation — the account reopens at 5 PM CT reset. Hitting the trailing MLL is a hard breach. Two different limits, two different consequences.

My $50K Combine pacing across 3 years

I've passed multiple $50K Combines over 3+ years and pulled around $17,000 in cumulative payouts. The pattern that works for me:

Combine pass pacing:

Each pass took 8-12 trading days. Average daily net: $300-$500. Maximum single day across passes was around $900, which on a $3,000 cycle profit is 30%, well under the 50% cap with comfortable cushion. I sized 1-2 minis on ES, kept stops at 6-8 ticks, and never traded more than four trades per session.

XFA cycle pacing:

Standard path mostly. 5 winning days minimum, 6-8 days realistic to hit $5K with consistency cushion. Average daily net during XFA: $400-600. Maximum single day around $1,200 on a $5,000 cycle is 24%, clean. The XFA stage feels easier than Combine because the EOD-trailing MLL locks at starting balance instead of trailing intraday. The give-back risk drops dramatically.

Position size and buffer management:

1-2 minis on $50K throughout. Kept a buffer of at least $500 above the trailing MLL during Combine. Once on XFA with the EOD floor locked at $50,000, treated $50,500 as the practical wire and never traded into a setup that could legitimately drop me below $51,000 intraday.

Payout flow:

First payout on $50K capped at $5,000, verified. Wise was the fastest method, typically processed "as soon as next trading day" per Topstep's documented timeline. Subsequent payouts capped at $6,000 max per request, the firm-wide constraint applies after the first cycle clears.

TopstepX as primary platform:

I've used TopstepX as my preferred Topstep platform throughout. Built-in TradingView charts, hotkeys, DOM, the personal Daily Loss Limit feature for self-imposed discipline. I miss ProjectX, Topstep retired it in 2026, and the new TFD-acquired tech promises to fill the gap as it integrates into TopstepX. The TopstepX guide covers the platform deep-dive including the TFD integration angle.

Strategy by trader profile

Different experience levels need different starting points. The mistake to avoid is matching the product to your enthusiasm rather than your skill.

Beginner / first Topstep account:

$50K Combine + TopstepX + 1-mini sizing + 8-10 day pass target. The cheapest entry, the most forgiving size for the intraday MLL, the platform with the most discipline features. Get the pass, get one XFA payout, then evaluate whether to scale or specialize. The beginners guide covers the first-account workflow.

Intermediate / multiple cycles:

$50K → $100K Combine progression + TopstepX + 2-3 mini sizing + 10-12 day cycles. Earned XFA payouts on $50K first, then scaling to $100K once the $300-500 daily target is comfortable. The $100K's $3,000 MLL is a 50% larger absolute buffer but the same percentage relative to balance, so the math doesn't get easier, it just gives you more contracts to deploy.

Experienced / Live Funded path:

Third-person framing here, I haven't traded Live personally. Live Funded is real-money on $20% tradable / 80% reserve initially, with reserve unlocking per $6,000 profit milestone. 30 winning $150+ days for full balance access. Only 0.71% of XFA traders advance. The strategic implication for traders aiming at Live: treat Combine and XFA as the on-ramp, not the destination. Pace cleanly, withdraw what you can during XFA, and prepare for the multi-month discipline test that Live actually is. The Live Funded account guide breaks down the full transition mechanics.

XFA dual-path strategy choice

Since February 5, 2026, XFA has two paths.

Standard Path:

• 5 winning days minimum
• $5,000 cumulative profit minimum
• Best fit: methodical, consistent traders building cycle across a normal week of sessions

Consistency Path:

• 3 winning days minimum
• $6,000 cumulative profit minimum
• Best fit: high-conviction setups where 3 strong days can clear $6K

Both use the same trailing EOD MLL during XFA. Both pass the same 50% consistency rule. The trade-off is concentration: Consistency Path requires bigger days but fewer of them, which means the per-day profit target is higher and the consistency-rule headroom is structurally tighter (you can't dilute concentration with a fourth or fifth day).

For traders running my style ($300-500 net per day on $50K), Standard Path is the obvious choice, 5 winning days at that pace clears $5K in roughly two weeks. For traders with larger edge per setup but lower frequency, Consistency Path can clear $6K faster. The Express Funded Account guide covers both paths in full.

When to scale up

Scaling Combine size is a question of math, not ego.

• One or two successful XFA payout cycles on $50K. Now you've proven the framework works at the smallest size. $100K becomes the next logical step. The MLL scales from $2,000 to $3,000 (50% larger absolute), and the per-day target moves from roughly $300 to roughly $500.
• One or two $100K cycles in clean compliance. $150K becomes the next step. The $4,500 MLL is generous in absolute terms but the per-day target jumps to $700+. Don't scale to $150K until you're hitting that comfortably on $100K.
• Don't skip steps. $50K → $150K is a triple in one move. The MLL math triples, the contract cap triples, the daily target triples, and the activation fee math (each Combine is $149) doesn't scale linearly with your skill. Each step exists for a reason.

The fee economics also matter: $49 monthly + $149 activation on $50K, $99 + $149 on $100K, $149 + $149 on $150K. The monthly subscription model means costs accumulate while you're still in Combine, passing fast saves real money. The pricing breakdown article covers the full fee structure including the Reset Credit Bank.

News trading approach

Topstep does not publish a hard news-trading blackout window in its Help Center. This is different from some other futures props that mandate flat windows around CPI/NFP/FOMC. The constraint is the intraday-trailing MLL, which makes news whipsaws genuinely dangerous on a Combine.

Tactical playbook:

• Pre-event sizing reduction. Cut position size to one-third of normal in the 30 minutes before high-impact releases. The volatility spike is real money even on small size.
• Post-event entries beat pre-event lottery. Wait 3-5 minutes for the initial spike to absorb, then take the cleaner directional read. Pre-positioning before the print is essentially betting on direction with random outcome distribution.
• Don't trade through news on Combine accounts where buffer is tight. If your equity is sitting just above the trailing MLL, a 30-tick whipsaw on CPI can take you out on what was otherwise a green session.
• Prohibited trading strategies still apply. Topstep's Help Center maintains a "Prohibited Trading Strategies" article covering manipulative patterns. News straddles designed to trap volatility may fall under this, check current Help Center documentation.

The news trading strategy article covers the full playbook including specific session-timing tactics for FOMC, CPI, and NFP days.

Topstep-specific instrument selection

Topstep supports 60+ futures on TopstepX. Liquidity matters more than variety on a tight intraday-trailing account.

• ES (S&P 500): Deepest book, tightest spreads, best for scalping and intraday day-trading. My primary instrument across 3+ years.
• NQ (Nasdaq): More volatile, larger ranges per session. Better for swing-style intraday with wider stops. Watch the multiplier, NQ moves can clear the MLL faster than ES.
• RTY (Russell 2000): Thinner but cleaner trend behavior on macro days. Good for trend continuation setups.
• GC (Gold) and CL (Crude): Diversification on news-driven days when ES and NQ chop. Different drivers, different correlations. Useful when broad equity index volatility compresses.
• Currencies, agriculture, fixed income: Available on TopstepX but rarely the optimal choice on Combine. Lower liquidity, wider spreads, and the intraday-trailing MLL punishes wide spreads on slow markets.

Common Topstep strategy mistakes

After running my own cycles for 3+ years and watching other traders' results, the same handful of mistakes repeat.

Sizing too aggressive into the intraday-trailing MLL. A 4-mini ES position on $50K Combine is one bad afternoon away from breach. The contract cap allows 5, but the buffer math allows 1-2.

Concentrating profits on one or two days. Hitting the $3,000 target in two big days means the 50% consistency rule blocks the pass. The fix is structural: pace from day one, don't try to retrofit consistency after a monster day.

Trying to pass Combine in the minimum time. Compressed timelines mean compressed sizing, which means tight stops, which means breach risk. 8-12 days is the practical pass window on $50K, not 3-4.

Treating the Combine as XFA. The intraday-trailing MLL on Combine is genuinely stricter than the EOD-trailing MLL on XFA. Sizing that works on XFA breaks Combine. Adjust sizing down for the Combine phase, scale back up once on XFA.

Forgetting the $150 winning-day threshold. Closing days at $80 or $120 net feels like progress on the dollar target but doesn't count toward XFA day-counts or Live Funded unlock progress. Always target 2x the floor.

Trying to use a VPN. VPN is prohibited at Topstep. Error 403 Forbidden on TopstepX API. KYC and identity verification require VPN disabled. If your edge depends on remote-access infrastructure, Topstep is the wrong firm. The VPN policy article covers the full ban.

Daily routine for Topstep traders

A consistent daily structure is what separates traders who pass cleanly from traders who breach in week three.

Pre-market (Eastern, before 9:30 AM):

Five to fifteen minutes of market overview. Scan the economic calendar for the day's high-impact events (8:30 AM ET data, 10:00 AM ET releases, 2:00 PM ET FOMC days). Identify the prior day's high, low, and value area on ES or NQ. Note overnight inventory: was the Globex session balanced or directional? Set your personal Daily Loss Limit on TopstepX to the actual amount you're willing to risk that session, which can be tighter than the firm's $1,000/$2,000/$3,000.

Open through 11:00 AM ET:

The highest-liquidity window. Most Combine and XFA progress happens here. Setups based on the open auction, opening range break, gap fill, or trend continuation work best when the institutional volume is active. If the morning produces a $300+ winning day before 11:00 AM, walking away is often the right call, winning day banked, MLL not stretched further.

11:00 AM to 3:00 PM:

Lower liquidity, range compression, opportunistic only. Lunch hour chop kills more Combine accounts than the open does. If your morning was flat or red, this window is where you can recover with a single high-conviction setup, but it's not where you should be running multiple aggressive trades into a tight MLL.

3:00 PM to 4:00 PM:

The closing tape. Final institutional flow, end-of-day position adjustments, and clean directional moves into the cash close. ES and NQ both produce trade-able opportunities. Mind the trailing MLL, if you're up significantly intraday, the floor has tightened and a give-back at the close can breach.

Weekend:

Tape review. Journal trades. Update the cycle tracker (winning days, consistency percentage, MLL distance). Prepare next week's economic calendar and key levels. The traders who pace cleanly through Combine do this work on Sunday, not Monday morning.

The bottom line

The best Topstep strategy is about pacing, sizing, and consistency-rule discipline more than indicator-based signals. Trade smaller than the contract cap. Spread profits across multiple $150+ winning days. Respect the buffer above the intraday-trailing Maximum Loss Limit on Combine. Plan first XFA cycles around the $5,000 first-payout cap on $50K. Let the 12-year-old ruleset do what it's designed to do.

The structural pieces are non-negotiable: the Combine MLL trails intraday and never stops moving until the profit target is hit; the 50% consistency cap defines how concentrated your biggest day can be; the $150 winning-day floor turns daily P&L into pass-eligible currency; the XFA dual-path (5d/$5K Standard or 3d/$6K Consistency) shapes the post-Combine cycle; the $5K first-payout cap on $50K shapes first-cycle planning.

Get those five pieces right and the rest is execution. The main Topstep review covers the firm-level strategy fit and current pricing. For the rule reference, the rules overview is the canonical source. For payout pacing across cycles, the payout rules guide breaks down the $5K first-payout cap and the $6,000 max-per-request firm-wide rule.

Frequently Asked Questions

What is the best Topstep account size to start with?

The $50K Trading Combine at $49 monthly plus $149 activation is the standard entry point. The $2,000 Maximum Loss Limit gives enough room for 1-2 mini sizing on ES or NQ while keeping the entry fee modest. Once you've passed Combine and run a couple of XFA payouts, scaling to $100K or $150K Combine makes mathematical sense. Skipping straight to $150K without a $50K track record is rarely worth it. The intraday trailing math gets harder, not easier, as the account grows.

How many trades per day should I take on a Topstep Combine?

Two to four high-quality trades per session is the sweet spot. The $150 winning-day floor means you only need one or two winners that combine to clear $150 net for the day to count toward the 5-day Standard XFA path or 30-day Live Funded unlock. More than five trades usually means you're forcing setups, and overtrading compounds commission drag while raising the chance of an outsized losing day that breaches the intraday trailing MLL. Quality over quantity, especially on $50K where the buffer is smallest.

Can I scalp on a Topstep Combine?

Manual discretionary scalping is allowed. What's prohibited is high-frequency latency-driven execution, copy-trading bots running off-device, and any VPN/VPS-routed orders. The harder problem with scalping on a Combine is the intraday trailing Maximum Loss Limit. Every tick of equity high pulls the floor up tick-for-tick. A scalping strategy that builds equity fast then gives back 70% of unrealized P&L in a single trade can breach the MLL even on a green day. Scalping works on Topstep, but only with sizing that survives a full give-back.

How does the intraday trailing drawdown change my position sizing?

The Combine's Maximum Loss Limit trails live equity in real time. On $50K, that's $2,000 below your highest equity peak of the day. If you're up $1,500 unrealized and pull back to flat, the MLL has tightened by $1,500 worth of buffer. Sizing should keep one stop-loss event under 50% of the buffer. On $50K with 1-2 minis on ES, an 8-point move on 2 minis is $800, 40% of the buffer. On 4 minis it's $1,600, 80% of the buffer in a single trade. Practical sizing is 1-2 minis on $50K, 2-4 on $100K, 3-6 on $150K, well below the 5/10/15 mini caps.

How do I handle news events on Topstep?

Topstep does not publish a hard news-trading blackout window in its Help Center. The constraint is the intraday-trailing MLL, which makes news whipsaws genuinely dangerous on a Combine. Tactical playbook: cut size to one-third of normal in the 30 minutes before high-impact releases (CPI, NFP, FOMC), wait 3-5 minutes after the print for the initial spike to absorb before entering, and avoid trading through news entirely if your buffer above the trailing MLL is less than 2x the drawdown. Prohibited trading strategies still apply, see Topstep's Help Center.

What happens if I break the consistency rule on a Combine?

You don't lose your account or your profits, but you can't pass the Combine until the math works. The fix is to keep trading and add more $150+ winning days that dilute the biggest day's share of total profit. On Combine, your biggest single day must be under 50% of cycle profit. If you finish a $3,000 Combine cycle with one $1,800 day, that's 60%, blocked. Adding two or three more $300-500 winning days brings the ratio back into compliance and unlocks the pass.

What's the strategy on the $50K first-payout cap?

The $50K Combine's first payout is capped at $5,000. The fastest practical route is roughly five winning days at $1,000 net each across the XFA (post-Combine) phase. That clears the Standard XFA path's 5-day requirement and hits the $5K cap in one cycle. Trying to push past $5K in the first cycle is wasted profit since the cap holds firm. After the first payout clears, the cap loosens and the $6,000 max-per-request rule becomes the binding constraint. Plan first cycles around the $5K ceiling, not the $6K firm-wide max.

Should I take the Standard or Consistency XFA path?

Since February 5, 2026, XFA has two paths. Standard requires 5 winning days plus $5,000 cumulative profit. Consistency requires 3 winning days plus $6,000 cumulative profit. Standard fits slower, more methodical traders building the cycle across a normal week of sessions. Consistency fits high-conviction, larger-edge setups where 3 strong days can clear $6K. Both paths use the same trailing EOD MLL during XFA. The choice is about your style: spread or concentrated. Most traders default to Standard because the dollar bar is lower.

How do I plan for the Live Funded transition?

Live Funded is real-money trading on FCM-backed execution, with up to $150K starting allocation, 20% tradable / 80% reserve initially. Reserve unlocks per $6,000 profit milestone (releases $15K each). Full balance access requires 30 winning days of $150+ on Live. Only 0.71% of XFA traders advance to Live in 2025, so plan first for clean XFA cycles, not Live. When you do reach Live, the strategy shift is real: real money means real psychology. Smaller size, longer holds, fewer trades, and treat the 30-winning-day unlock as the multi-month project it actually is.

Which instruments work best on TopstepX?

ES, NQ, and RTY are the highest-liquidity instruments on TopstepX and what most Topstep traders focus on. ES (S&P 500) is the deepest book and tightest spreads, best for scalping and intraday day-trading. NQ (Nasdaq) is more volatile, larger ranges per session, better for swing-style intraday with wider stops. RTY (Russell 2000) is thinner but cleaner trend behavior on macro days. GC (gold) and CL (crude) work for diversification on news-driven days when ES and NQ chop. Topstep's 60+ futures list includes currencies, energy, and agriculture, but liquidity matters more than variety on a tight intraday-trailing account.

Can I use a VPN or VPS to trade Topstep?

No. VPN is prohibited at Topstep. Help Center is explicit: "No, you cannot use a VPN while trading with Topstep." VPS, VPN, and remote-access tools all trigger Error 403 Forbidden on TopstepX API. KYC and identity verification require VPN disabled. This is one of the strictest VPN policies in futures prop, with no grey zone. If you're considering edge-case strategies that touch remote-access infrastructure, Topstep is the wrong firm. The full breakdown is in the VPN policy article.

How long does a typical Combine pass take?

Two to three weeks for most disciplined traders on $50K. The structural minimum is hitting the $3,000 profit target without breaching the $2,000 trailing MLL or the $1,000 Daily Loss Limit. If you trade four sessions per week and average $300-500 net per session, you're hitting the target in 8-10 sessions. Adding the 50% consistency-rule cushion (so the biggest day stays under 50% of cycle profit) typically pushes the realistic pass to 10-15 trading days. Compressed timelines (trying to pass in 3-4 days) almost always mean oversized trades and breach risk.

What's the most common Topstep strategy mistake?

Trading too aggressively into the intraday trailing Maximum Loss Limit. The most common breach pattern: trader builds equity to a peak, market reverses, the trailing MLL has already pulled up to the new high-water mark, and the give-back triggers a hard stop on what felt like a green day. The second most common mistake is concentrating profits on one or two days, which works fine for hitting the $3,000 target but blocks the pass because the 50% consistency rule fails. Both mistakes are pacing failures: sizing too big, then trading too few days.

Should I use TopstepX, NinjaTrader, or Tradovate?

TopstepX is Topstep's proprietary platform, with built-in TradingView charts, 60+ futures, hotkeys, DOM, Trade Copier, and account lockout features designed specifically for Combine and XFA workflow. NinjaTrader is the legacy power tool, strong for indicators and automated strategies, deeper desktop charting. Tradovate is the cloud-native option, lighter-weight, web-first, multi-device sync. Most traders run TopstepX as primary because the discipline features (personal Daily Loss Limits, profit targets, lockouts) are built in. The TopstepX guide covers the platform deep-dive.

Do I need a discount code or PTV affiliate to sign up?

No PTV affiliate code exists for Topstep, verified directly. Topstep runs occasional public promotions through its own marketing channels (email, X, blog), and the Combine pricing on topstep.com is the listed rate without third-party discount layering. The cluster framing is straightforward: Topstep is the industry incumbent, value comes from 12+ years of track record and FCM-backed Live execution, not from a PTV discount. The discount codes article covers what's currently public.