Find your feet in the Futures market with this Program and test your unique trading strategy without risking any capital.
Assignment fee: $165
Daily Loss Limit: $1,600
Pro Drawdown: $2,500
Safety Net: $3,000
Trading volume: minimum 1 trade per week.
What are the rules?
In order to increase your profitability while actively keeping your risk under control, you will gradually scale up the number of contracts you can operate.
Please remember that we will use your current account balance, which will include any open and closed intraday equity. If you select too many contracts for your account size, you will be in violation of the rules.
Below you can see the path to follow when increasing contracts:
$0 - $1.500 = 2 Contracts Max
$1.501 - $3.000 = 4 Contracts Max
$3.001 - $4.500 = 6 Contracts Max
After $4.501 = 8 Contracts Max
The Pro Drawdown will only take your profits into consideration at the end of the trading day and is updated when your account balance reaches a new high at the end of any trading day.
You can keep track of your Pro Drawdown using your Trading Dashboard at the end of every trading day (3:10 PM CT).
Daily Loss Limit
Having an established daily loss limit will allow you to develop and strengthen your discipline. Also, assuming and accepting the risk will lead you to define your trades in accordance with the monetary management and size of your account.
The Daily Loss Limit includes commissions and fees, so it is VERY important to track it directly from the RTrader platform.
Markets and Schedules
Traders can operate products within the CME, NYMEX, COMEX and CBOT.
The schedule for each trading day is set and should be taken into consideration to avoid breaking any rules (Sunday 5:00 pm to Friday 3:10 pm CT).
You are required to have a minimum trading volume: 1 trade per week (a trading week is considered to be from Sunday 5:00 pm CT to Friday 3:10 pm CT).