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Day Trading Challenge - Test Your Skills!

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Day Trading Challenge – Test Your Skills!

If you’re one of those day traders who are eager to win from stock price volatility, but the size of your deposit negatively affects the potential for visible profits, then you’re reading these lines at the right time. Starting with a small deposit, like $500, could be lucrative, but the percentage gains look more generous when the stake is bigger. But how can you increase your deposit and – what’s more important – would you be ready to handle it that way? The good news is that there are experienced traders in this world who want to share their knowledge and support beginners. Some of them organize day trading challenge events to filter potential talents. The chosen ones are provided with funded accounts so that they could go big.

This is the best day trading challenge for you, try this challenge and get a chance to win a funded account you can trade with.

If you are not familiar with the main principles behind trading challenges, we’ll give you an example by analyzing the five-day challenge offered by Tradenet, a day trading academy founded by stock trading expert Meir Barak.

By applying for Tradenet’s day trading challenge, you get access to a demo trading account with a balance of $10,000 virtual money. The amount of deposit might differ depending on the provider, but you should focus on the percentage gain instead.

In order to become successful, you should generate a total profit of no less than $500, which translates into a 5% return. However, don’t hurry to make big plans – there are several conditions that participants must adhere to. Thus, potential candidates should be ready to:

-          Actively trade on at least three days out of the total five;

-          Generate daily profits of no less than $100 on at least two trading days;

-          The loss shouldn’t exceed $100 per day and $300 per the entire period of the day trading challenge. If one of those limits is reached, the trader instantly loses the challenge.

-          Use from 6 to 20 tickets during each active trading day

-          All trading positions have to be closed by the end of each day.

While this challenge is not for those hoping for luck, stock day traders who feel that they have what it takes to generate constant returns shouldn’t hesitate to take part in day trading challenges like these.

The main advantage of Tradenet’s day trading challenge is the fact that participants trade on a demo account, so they have nothing to lose. You should definitely look into opportunities like these because they might improve discipline and, more importantly, give you access to a funded account.

Best trading challenge

The chances are to you are tempted to try Tradenet’s day trading challenge right now, but is it the best opportunity of this kind out there? Well, judging by the way it’s organized and the reward offered to winners, we would lie if we’d say that there is a better alternative right now.

What makes Tradenet’s day trading challenge unique is that it accurately filters traders and allows only the best of the best to pass it successfully. If you consider yourself a good day trader and are upset with your deposit size, you’re free to apply for the challenge, but don’t expect to walk on a smooth path!

We mentioned that winners get access to a funded account, but we haven’t revealed its size yet. Well, if you manage to handle the $10,000 demo account during the day trading challenge in line with the conditions, you’ll become eligible to trade a real account with $14,000. You will be able to take up to 70% of the profits while not bothering with the losses, as they will be absorbed by the sponsors.

How to apply to the trading challenge

Applying to the day trading challenge offered by Tradenet is super easy – you just have to access the event’s website and fill in the blank on the right side of the screen. While the application process is simple, traders with no experience might get rejected given that the organizer is looking for top traders only. After sending your personal details, including your complete name, email address, country, and phone number, you should wait for a response from a Tradenet representative. That’s it – now go and try it!

Preview YouTube video Day Trading Challenge for Free Education & Funded Account

 

 



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