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TopstepTrader's Next Best Trader Challenge
Are you the next BEST trader? Well, it's time to put your skills to the test. TopstepTrader is in search of our next great trader, so join the Challenge today for your opportunity to trade your way to a fully funded LIVE trading account.
Challengers will go through a real-time market simulation program for two weeks, competing for a $150,000 live trading account. Second and third place winners will receive $500 and $250 in cash prizes, respectively. The winners of the competition will be determined by the traders with the highest net equity, at 12pm CST on Friday, February 10.
Details:
- The Challenge lasts for two weeks (January 30 - February 10)
- The Challenge will go through one round of cuts based on performance on Friday, February 3, with the number of challengers reduced by half at the end of week one.
- The top ranking Challengers will be announced throughout the day via the TST Squawk Radio/interactive trader chat room
- Anyone, anywhere in the world can join the Challenge
- The sign up for the Challenge is available until 3pm CST Sunday, January 29, account information will then sent by 5pm CST
- Next Best Trader press release: http://www.topsteptrader.com/NBTChallengePressRelease
- Entry fee: $25
Start: Monday, January 30 (or Sunday night 5pm CST - the electronic open)
End: Friday, February 10 at 12pm CST (WINNER will be announced over the Squawk Radio broadcast)
Challenge (and live) account parameters:
| Account Size |
$150,000 (real-time simulated trading account) |
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Maximum Position
Size
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15
(Example if trading multiple markets: Long 8 S&P, Long 3 mini-DOW, Short 4 Crude Oil)
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| Daily Loss Limit |
$ -3,000 |
RULES: (Violation of the rules will disqualify the trader from the Challenge)
- Must trade ONLY the products permitted to trade
- May only trade 5 products throughout the two week Challenge
- Must CLOSE all positions daily before the electronic close
- Trader MUST close all positions by 12pm CST on the final day of the Challenge (Friday, February 10)
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