The Trading Pit launches its first Stocks Challenge, an initiative designed for traders to trade prominent US market stocks. The goal is to offer a real market experience and the possibility of quick payouts.
The challenge has an entry fee of €119 or $119. Participants receive a simulated balance of $25,000 and trade on the Volumetrica platform, available in web and desktop versions. The profit target is $1,750 (7%), while the maximum drawdown is $1,250 (5%), and the daily loss limit is set at $500.
The challenge duration is 60 days, with a minimum of three trading days. In the payout phase, the profit split is 70/30. Participants have "reset" options for $95 or "extension" options for $119, which add an additional 60 days to the period.
Among the trading rules, trades must remain open for at least one minute, and each profitable trade must generate a minimum gain of $0.10 per share. To ensure consistency, no single day can account for more than 40% of the total profits. Traded stocks must have an average daily volume exceeding 200,000. Positions close ten minutes before market close. To unlock the first payout, three days with profits exceeding $100 are required. The risk management team monitors high-frequency trading and prohibited practices.
Interested parties can access a waiting list and find detailed information about the challenge and its rules through the resources provided by The Trading Pit.
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