Welcome to the Bear Bull Traders Funded Training Account. This document provides a comprehensive overview of the rules, features, and frequently asked questions (FAQs) about the Funded Training Account. This account is an exclusive feature for Elite Members and is designed to help you gain real-life trading experience in a simulated environment.
What is the Funded Training Account?
The Funded Training Account is a $50,000 simulated trading account that replicates a real brokerage account. It is designed to provide a realistic trading experience while allowing you to practice and refine your skills. Profits are real, provided you follow the rules, and payouts are made at the end of the 90 days if all criteria are met.
The funded account comes with a 3-month DAS subscription, which includes both the paper account and the funded account. You don't need a separate broker for this account; both are activated simultaneously as a package.
Think of this Funded Training Account as a brokerage account with your hard-earned money; you wouldn't want to trade it without the proper education, training, and trading knowledge. It's the same with a funded account if you want to take it seriously and protect your capital.
If you are unfamiliar with DAS Trader, we advise getting a 3-month DAS Trader simulator account before activating your $50K funded training account. This will help you get comfortable with the platform before trading with the training-funded account. You can sign up for the DAS simulator subscription through this link.
Once you feel confident with DAS, you can smoothly transition to trading with the Funded Training Account.
How to Get Started
1. The Funded Training Account is available exclusively to Elite Members. You can get the upgrade to get the Funded Training Account here.
2. Activate Your Account: To activate your 3-month DAS simulator & $50,000 Training Account after purchase, please email the following information to activations@bearbulltraders.com: Full name & activation date.
3. Start Trading: Follow the rules and trade responsibly to maximize your chances of success.
Funded Training Account Rules
To ensure a fair and realistic trading experience, the following rules apply to the Funded Training Account:
1. No Overnight Holds: All positions must be closed by 3:59 PM ET each trading day.
2. No Hard-to-Borrow (HTB) Stocks: Only stocks with available short inventory on Interactive Brokers are allowed.
3. Options Trading: Options trading is only allowed in the TRTST (demo) account, not in the Funded Training Account.
4. Commissions and Fees:
- Commissions: $5 per 1,000 shares ($0.005 per share).
- SEC and FINRA transaction fees apply.
- Fees are deducted from your equity balance the next trading day.
5. Minimum Trading Days: You must trade a minimum of 36 days during the 3-month simulation period.
6. Minimum Round-Trip Trades: You must average 2 round-trip trades per day over a rolling 10-day period.
7. Single Trade Profit Limit: No single trade may account for more than 30% of your total profit at the end of the 90 days.
8. Drawdown Limit: If your buying power drops to $38,000, your positions will be liquidated, and trading will be restricted for the remainder of the day. You will not be eligible for a payout if this occurs.
9. Additional Rules: Bear Bull Traders reserves the right to introduce or modify rules to ensure the integrity of the program.
Key Features of the Funded Training Account
- Capital and Buying Power:
- Starting equity: $12,500.
- Buying power: $50,000 (4:1 margin).
- Max drawdown: $3,000 (cash). In this case, the system will automatically liquidate your positions and restrict further trading for the remainder of the day. Once this maximum loss is reached, you will be able to resume trading the following day, but will not be eligible for a payout.
- Trading Platform: DAS Trader Pro is the only platform allowed for trading.
- Payouts:
- Maximum payout: $15,000 per account (subject to meeting all rules).
- Payouts are made at the end of the 90-day period.
- No PDT Rule: The Pattern Day Trader (PDT) rule does not apply, allowing unlimited day trades.
- Trading Hours: Trading is only allowed during regular market hours (no pre-market or after-hours trading).
Frequently Asked Questions (FAQs)
1. What trading platform is used for the Funded Training Account?
- DAS Trader Pro is the only platform allowed for trading in the Funded Training Account. It is provided for 90 days with the purchase of the account.
2. Can I use my own DAS Trader subscription with the Funded Training Account?
- No, we provide a special subscription to DAS Trader Pro to be used exclusively with the Funded Training Account. This ensures compatibility and proper integration with the account rules and features.
3. Do I need to be familiar with DAS Trader Pro before using the Funded Training Account?
- We highly recommend getting familiar with DAS Trader Pro before trading with the Funded Training Account. If you’re new to the platform, we suggest starting with a 3-month DAS Trader simulator account to practice and build confidence. Once you’re comfortable, you can smoothly transition to the Funded Training Account. You can sign up for the DAS Trader simulator subscription here. Proper preparation ensures you can trade effectively and protect your capital.
4. Is this a simulator account or a funded account?
- The Funded Training Account is a simulated account that replicates a real brokerage account. It is designed for educational purposes, and profits are real if you follow the rules.
5. What is the difference between the TRPTT and TRTST accounts?
- TRPTT: The main Funded Training Account with $50,000 buying power.
- TRTST: A demo account for practice. Trades in this account do not count toward the Funded Training Account P&L.
6. Can I trade options in the Funded Training Account?
- No, options trading is only allowed in the TRTST (demo) account.
7. What happens if I exceed the drawdown limit?
- If your buying power drops to $38,000, your positions will be liquidated, and trading will be restricted for the remainder of the day. You will not be eligible for a payout.
Starting equity: $12,500
Max drawdown: $ 3,000
Equity: $ 9,500
Buying power: $38,000
8. How do payouts work?
- Payouts are made at the end of the 90-day period if you adhere to all rules. The maximum payout is $15,000 per account.
9. Do I need to trade a minimum number of days?
- Yes, you must trade a minimum of 36 days during the 3-month simulation period.
10. Can I trade during pre-market or after-hours sessions?
- No, trading is only allowed during regular market hours.
11. Is there a profit target?
- No, there is no specific profit target. However, you must follow all rules to be eligible for a payout.
12. Can I activate only one account (TRPTT or TRTST)?
- No, the $50K funded account includes both the TRPTT (funded) and TRTST (demo) accounts, and they must be activated together.
13. What are the restrictions on trading stocks and ETFs in the $50K Funded Training Account?
- In the Funded Training Account, options trading is not allowed. Options are only permitted in the TRTST (demo) account. In the Funded Training Account, traders can trade any stock or ETF priced above $5.00 per share, including low-float stocks that meet the $5.00 price threshold. Stocks priced below $5.00 per share are not permitted in the Funded Training Account.
About DAS Trader Pro
- The DAS Trader Pro subscription used with the Funded Training Account does not include the Market Replay feature.
- The 50,000 Funded Training Account includes both the TRPTT (funded) and TRTST (demo) accounts, and they must be activated together as a package. This setup allows for a comprehensive training experience, combining simulated and funded trading environments.
- DAS Trader Pro is designed for Windows OS. Mac and other operating system users should utilize interfaces for running DAS on their machines. You can read more about this here and also you can watch this video.
Additional Notes
- Bear Bull Traders reserves the right to introduce or modify rules to ensure the integrity of the program.
- If you have any questions, please email us at team@bearbulltraders.com.
How to Sign Up
You can sign up for the $50K Funded Training Account here.
Thank you for choosing Bear Bull Traders. We are committed to helping you succeed in your trading journey.