Can IPOs be added to the symbols list?
IPOs cannot be added right away to the challenge symbols list, as per market restrictions need 30 days after you can sell short an IPO.
Why my Buying Power is different than I had on the subscription enrollment?
Subscribers might start with a smaller or different amount till they show a consistent positive return. Increasing and decreasing package size is discretionary-based.
Max Drawdown
If your account balance from the trading report exceeds the Total Max Drawdown, your account’s buying power will be set to $1 until you reset your account.
Max Position Size
The Max Position/Symbol is the maximum shares of one symbol position allowed. For example, if you have a Max Position of 1000 shares, you can only trade up to 1000 shares per symbol. You can trade multiple symbols at the same time.
Daily Max Loss
Your Daily Total PNL cannot reach or exceed the Daily Max Loss Limit at any point during the trading day (9:30am – 4:00pm). If at any time your Total PNL does exceed this amount for your account, any open trading positions may be flattened, any pending orders may be canceled, and your account may be […]
Minimum of 200 Round Trades
Buying and selling a stock equal to one round of trade. Simply put having 400 trades is considered to be 200 round trades. By logging in to your dashboard, you will be able to see and monitor the number of trades you have made throughout your trading period.
What are the allowed and available Stocks and ETF symbols to trade?
Due to the market rules and regulations, the symbols list provided to Toro subscribers includes the most liquid (2 million shares average daily trading volume) and shortly in NASDAQ and NYSE Stocks price range between $20 -$1,000/share. If you have any symbols that you would like to trade but are not available in the list, […]
ToroChallenge Trading Time
trader2B offers a real-life trading experience, therefore traders must trade within the Market hours. Monday – Friday, 9:30am – 4:00pm EST.
ToroChallenge Trading Rules
Rules help you develop discipline, control risk, and become consistently profitable. The following are the ToroChallenge trading rules: Trade in the market hours. No overnight positions. Traders need to cancel all their open order/s and flat their position/s before 16:00 ET. Do not reach the Total Max Drawdown. Reach the profit target of 6% with […]
Win Rate (Winning Percentage)
Trader’s Win Rate is the percentage of trader’s profitable trades. It uses to determine how good is the trader with making calls. e.g Trader John placed 20 round trades, 14 are profitable, his Win Rate is 70% (14/20).
