1. What trading platform is used to place trades in the funded training account?
DAS Trader Pro is the only trading platform used to place trades in the funded training account. No other trading platform is allowed. DAS Trader Pro is provided for 90 days with the purchase of the funded training account.
2. I am signing up for a DAS simulator account as well as a $50,000 account. Is this a simulator account and a funded training account?
Yes, with this plan you get a simulator account and a funded training account. You will place your trades in the funded training account.
3. Is the funded training account a brokerage account?
No, it is not a traditional brokerage account, but it replicates how a brokerage account works to provide a real-life experience of trading. You will place your trades in the funded training account.
4. What does it mean that the trader must average a minimum of 2 round-trip trades per day (over a rolling 10-day period)?
This means you must complete at least two (2) round-trip trades on average every day over a 10-day period (trading days). Round-trip trades mean one entry and one exit = one trade. No overnight holds. All positions must be closed before the end of the day at 3:59 pm ET.
5. What does "no single trade may account for more than 30% of your total profit" mean?
This rule ensures that your profits are not overly reliant on a single trade. For example, If you make a trade on $CRWD and make $10,000 dollars and then actively trade the remaining days with a minimal risk per trade like $1 per trade to conserve your $10,000 and do not gain or lose anything from the $CRWD trade over that period, then only $3,000 dollars from that $10,000 original $CRWD trade will be eligible for payout. This is to prevent gaming the system.
6. In terms of risk, what is the maximum risk for this account?
The maximum risk is determined by the trader, but it is important to remember that the 30% rule applies to profits from any single trade.
7. What is the rule for drawdowns or losses in the funded training account?
If your buying power drops to $38,000, 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 payout.
8. Is this a virtual simulated account or am I actually trading with real funds?
This is a virtual simulated account, profits are real, provided you follow the rules.
9. What is the maximum payout for a funded training account?
This account is designed as a training account for educational purposes. All trades are conducted in simulator mode, and we do not hedge or trade directly in the market. Therefore, the maximum payout is $15,000 per account, provided all other criteria are met. We reserve the right to adjust this amount on a case-by-case basis. If a trader is successful in achieving a higher amount, we encourage them to open a live account or join our proprietary trading program.
10. How do payouts work?
Profits are paid out at the end of the 90 days if you adhere to the rules of the funded training account over the 90 days.
11. Do I need to reach a specific target?
There is no specific profit target.
12. Are there any restrictions on who can open an account or specific rules for certain nationalities?
There are no restrictions based on nationality. However, there are specific rules for trading the funded training account, which can be found here: Funded Account Rules.
13. Do I need to trade in the simulated account first as an evaluation process?
No, there is no such requirement to trade the funded training account.
14. Do I need to trade a minimum of 36 trading days during a 3-month simulation period?
Yes, it is required to trade a minimum of 36 days during the 3-month simulation period. The full rules can be found here: Funded Account Rules.
15. I haven't used DAS Trader yet. Do I need to sign up for a Simulator account first?
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: DAS Trader Simulator Subscription.
16. 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.
17. What is the capital and buying power of the funded training account?
The funded training account provides a cash balance of $12,500. With a 4:1 margin, this gives you a total buying power of $50,000 ($12,500 x 4). $50,000 is the maximum buying power allowed for the funded training account with no exceptions.
18. What is the difference between the TRPTT and the TRTST in my account?
TRPTT is the main account, the funded training account with $50K buying power to trade for 90 days. The TRTST account is the simulator, trading in this account does not count for the P&L in the funded training account.
19. Can I activate only one account (either TRPTT or TRTST) instead of both for the $50K funded account?
No, it's not possible to activate just one account. The $50K funded 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.
20. How does the P&L rollover work in the $50K funded account?
In the $50K funded account, both the TRPTT (funded) and TRTST (demo) accounts roll over P&L like a live account. This means that your account balance, including both profits and losses, carries over each day. Commissions, SEC, and FINRA fees are applied at midnight EST, impacting your account balance accordingly.
21. What are the starting equity and buying power in the $50K funded account, and how do they change?
The starting equity in the $50K funded account is $12,500, with a buying power of $50,000 (1:4 margin). If you incur a loss, for every $1 of equity lost, your buying power decreases by $4. Conversely, your account balance, including profits and losses, grows or decreases with your trading results.
22. Can I trade my profits immediately in the $50K funded account?
Yes, you can trade your profits once they have settled. The account balance reflects all profits and losses, and you can continue trading with your profits. However, the payout of these profits is only made at the end of the 90 days.
23. Does the Pattern Day Trader (PDT) rule apply to the $50K funded account?
No, the Pattern Day Trader (PDT) rule does not apply to the $50K funded account. This means you can execute as many day trades as you like without the restrictions typically imposed by the PDT rule in standard brokerage accounts.
24. Is there a time limit on when to start the funded account?
You can activate your funded account at any time. The only requirement is to have a valid or current BBT Elite membership at the moment of activation.
25. Can the $50K funded account be traded during pre-market or after-hours sessions?
No, trading is only allowed during regular market hours.
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You can sign up for the $50K funded training account here. On this page, you'll also find the detailed rules for the account.
Please be aware that Bear Bull Traders (BBT) reserves the right to introduce additional rules or modify existing trading rules for the $50K funded trading account at any time. These changes are intended to ensure the integrity of the program and provide a fair trading environment for all participants.
If you have any questions, please email us at team@bearbulltraders.com.