Every trader gets a simulated $100K competition account with the same rules.
Account rules
Rule | Details |
Starting capital | $100,000 (simulated) |
Accounts per person | 1 |
Trailing drawdown | $3,000 (EOD trailing) |
Daily loss limit | $2,000 |
Max position | 10 contracts (100 micros) |
Activity | At least 1 trade every trading day |
Overnight holding | Not allowed. Be flat by 4:10 PM ET |
Buy-back | $20, Days 1 to 8 only |
Overnight positions
You must be flat by 4:10 PM ET every day. Any open position is closed at market, and that P&L counts toward your ranking.
Ranking
Traders are ranked by net P&L at the 4:10 PM ET close.
Please note: hitting the daily loss limit or trailing drawdown, or not trading on a given day, eliminates you from the competition.