Trading Account Information
DAS Trader Pro trading platform
Tradervue account included to do pre-market and after-hours analysis
SMB Dashboard included to track tryout progress
The demo account initial balance is $75,000 and a buying power of $300,000
Commissions are set to $3 per 1000 shares
Only trade intraday, including pre-market and after-hours - No overnight holds.
The maximum number of positions you can have at any given time is set to 3.
Positions limit is set to 1,500 shares for all stocks.
If the trader violates the Daily Loss Limit of $1,000 (based on Net P/L, which includes commissions), the account will be locked for the remaining of the trading session*.
If a trader violates the daily loss limit more than three times in one month, the risk settings will be adjusted until the trader achieves a profit target of $2,000.
The trader can't reach the max daily loss of $1,000 more than 7 times during the entire tryout.
For any stock, the maximum loss per position is $350.
Do not hit the Maximum Draw Down of $5,000 from the starting balance. If a trader reaches the max drawdown, there is no reset and has to wait 6 months to tryout again.
No single trade can account for more than 50% of the total PnL goal ($3000).
The trader can't trade hard to borrow stocks.
The trader must trade at least 70 days. If the trader has achieved the profit target before that, the trader must actively trade on the remaining days, we won't count a quick scalp as a trading day just to meet the requirement.
You must enter your pre-market preparation analysis and post-market review in the Tradervue account we provide. You must follow the principles taught in the DNA program.
Achieve a profit target of $6,000 or more*.
If you cancel the tryout and then sign back up within 6 months, your account balance won't be reset to $75,000.
No refunds will be given. If you have any questions, please reach out to [email protected] before signing up.
* The trader has to complete BOTH DNA and Winning Trader programs to take the tryout. If you haven't taken the Winning Trader program, please let us know when applying