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TradeDay Coupon Code: Your Gateway to Success in Prop Trading

TradeDay Coupon Code: Your Gateway to Success in Prop Trading

Have you ever heard of TradeDay? If not, you're in for a treat. TradeDay is a leading prop trading firm that's making waves in the financial world. And guess what? We're offering a TradeDay coupon code. Let's dive into what makes TradeDay stand out.

TradeDay Overview

TradeDay, established by the seasoned futures traders James Thorpe, Steve Miley, and Tera Vicker, is not just another prop trading firm. It is built upon a foundation of commitment to ensuring the success of its traders in the competitive futures market. To ensure that traders are well-prepared and competent, TradeDay has instituted an Evaluation Challenge. This challenge requires traders to operate in a simulated environment for a minimum of 10 days, where they must achieve a specific profit target while demonstrating consistency and adhering to strict rules, such as day trading only and maintaining set maximum drawdowns.

Those who successfully navigate this challenge are rewarded with funding, and the payout structure is notably generous. Traders get to retain the first $10,000 they earn and a whopping 90% of subsequent profits. To cater to a diverse range of trading strategies and financial capacities, TradeDay offers account sizes ranging from $10,000 to $250,000. Beyond just funding, the company is deeply invested in the growth of its traders. It provides a plethora of educational resources, advanced market tools, and a supportive community, all designed to equip traders with the skills they need to excel. This holistic approach, marked by transparency, fairness, and a nurturing ethos, is a significant factor behind the burgeoning popularity of the TradeDay platform.

Evaluation Accounts

TradeDay offers multiple funding options for traders. These options are structured as evaluations, where traders pay a monthly subscription fee and are given a profit target to hit:

  • $10k Evaluation: For a monthly fee of $99, traders are provided with a $10,000 account. They must achieve a profit target of $1,000. Additionally, they must adhere to a maximum drawdown of $500 or 5% of the account size. 
  • $25k Evaluation: At a monthly cost of $125, traders get a $25,000 account with a profit target of $1,500. The maximum drawdown for this tier is $750.
  • $50k Evaluation: For $165 per month, traders are given a $50,000 account. The profit target for this tier is $2,500, with a maximum drawdown of $1,250.
  • $100K Evaluation: For a monthly fee of $275, traders aim to achieve a profit target of $5,000. This account comes with a maximum drawdown limit of $2,000. 
  • $150K Evaluation: This tier requires a monthly payment of $350 and has a profit target of $7,500. This account comes with a maximum drawdown limit of $2,500.
  • $250K Evaluation: With a monthly fee of $750, traders aim for a profit target of $12,000. This account comes with a maximum drawdown limit of $4,000. 

Upon successful completion of the evaluation, traders can trade with the company's capital. All positions must be closed 10 minutes before the market closes, and no overnight positions are allowed. This ensures adherence to day trading strategies. Once funded, traders retain 100% of the first $10,000 in profits and 90% of subsequent profits. TradeDay emphasizes the growth of trader abilities through education and provides resources, mentoring, and access to the Tradovate trading platform. The firm has garnered positive feedback for its straightforward pricing, absence of ongoing fees post-funding, and robust support.

Non Evaluation Memberships

TradeDay offers a variety of membership options tailored to the needs of aspiring and experienced traders. 

  • 14-day Free Trial membership: This trial is designed for individuals who are keen to explore the platform without any immediate commitment. During this period, members are not evaluated for funding. Instead, they are granted unrestricted access to a plethora of resources. This includes full immersion into the TradeDay community, a vibrant space where traders can interact, share insights, and learn from one another. Additionally, members can tap into a vast reservoir of educational materials, ensuring they are equipped with the knowledge to navigate the trading world. For those seeking guidance, TradeDay offers mentoring resources, providing personalized advice and strategies. Lastly, members can tune into LiveSquawk Radio, a platform that delivers real-time market news and updates.
  • Research and Education: For individuals who wish to extend their membership beyond the trial, TradeDay offers the Research and Education package at $39 per month. Similar to the free trial, this membership does not involve any evaluation for funding. Members continue to enjoy full access to the TradeDay community, educational resources, mentoring, and the LiveSquawk Radio. This membership is especially beneficial for those who want to deepen their understanding of trading strategies and market dynamics over a longer period.

In the world of prop trading, knowledge, community, and the right tools can make all the difference. TradeDay brings all of these elements together in a seamless and user-friendly platform. For those looking for additional opportunities, there are also enticing offers like the TickTick Trader coupon code, UProfit Trader discount code, and Funded Trading Plus Coupon. So, if you're on the fence about which trading platform to choose, give TradeDay a try. With its diverse membership options and the TradeDay coupon code 'modestmoney', you have every reason to dive in and elevate your trading journey.

Special Offer: TradeDay Coupon Code 20% Discount

TradeDay has emerged as a game-changer in the prop trading arena, offering a unique blend of rigorous evaluation, generous funding, and a commitment to trader education and growth. With its transparent pricing, diverse account options, and a community-driven approach, it's no wonder that the platform is rapidly gaining traction among traders worldwide. The incentive of our TradeDay coupon code makes it an even more enticing proposition. If you're serious about taking your trading journey to the next level, there's never been a better time to dive in. Take advantage of our 20% discount with TradeDay coupon code 'modestmoney' to start today.

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