No. of shares | Trade Lock | Maximum loss in 1 trade | Stocks up to | Range |
---|---|---|---|---|
10 | $5 | $0.10 cents | $ 20 | .30-.50 cents |
(Minimum profit should be $20 for trade with 20 shares) | ||||
No. of shares | Trade Lock | Maximum loss in 1 trade | Stocks up to | Range |
20 | $10 | $0.10 cents | $ 30 | .30-.50 cents |
After 2-4 weeks, if wining trades are more than losing trades, then trainee is promoted in Level 2. | ||||
(Minimum profit should be $40) | ||||
If the trader hit the 8 trade locks, his working will matter of discussion for the management |
No. of shares | Trade Lock | Maximum loss in 1 trade | Stocks up to | Range |
---|---|---|---|---|
40 to 50 | $20 | $0.10 cents | $ 40 | .40-.80 cents |
After 4-6 weeks, if wining trades are more than losing trades, then trainee is promoted in Level 3 | ||||
(Minimum profit should be $80) | ||||
If the trader hit the 5 trading locks, his working will matter of discussion for the management |
No. of shares | Trade Lock | Maximum loss in 1 trade | Stocks up to | Range |
---|---|---|---|---|
80 to 100 | $30 | $0.10 cents | $ 60 | .40-.80 cents |
(Minimum profit should be net $300) | ||||
If the trader hit the 3 trading locks, or 100 $, his working will matter of discussion for the management | ||||
After the trade lock, the trader cannot trade in the account, but he cannot leave the floor till the trading session over |
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