Can I use Trade The Pool to short sell penny stocks?

Evaluation account: You are able to short sell any of our list of 12,000 symbols, which includes a large number of penny stocks, during the evaluation phase. The "Hard to Borrow" option is free of charge. Simply click the mouse key to shorten it. Funded account: Because of the real market conditions and the terms of our LPs (like Interactive Brokers), the trading conditions for a funded account may change from those of an evaluation account.

How do I get past the assessment stage and open a funded Trade The Pool account?

You will pass it when you reach a profit of 2 times your max DD. If your max DD is $2100, when you make $4200, you will go into the big leagues and get funded.

Do I trade actual shares or CFDs on Trade The Pool?

Real shares are being traded by you. The assessment account will be operated using paper money on a simulator account, but it will use real-time data feeds to reflect actual market conditions. Depending on the fund risk management choices, the funded account will operate on a live or simulator account.

Does Trade The Pool provide a free trial?

Absolutely! To get your free trial account just lon into our hub, click on “New Account” and choose “Demo”

Do you have a development plan for me to follow when I scale my Trade The Pool account?

Yes, once you are funded, every time you reach your 10% target we will increase your Buying Power and Daily Pause. Mini Buying Power 10% Target = $2,000 (out of initial Buying Power $20,000) New Buying Power (+2K) = $22,000 New Daily Pause (1% X target) = $320 (initial DP $300 + $20) Super Buying Power 10% Target = $8,000 (out of initial Buying Power $80,000) New Buying Power (+5K) = $85,000 New Daily Pause (1% X target) = $780 (initial DP $700 + $80) Extra Buying Power 10% Target = $16,000 (out of initial Buying Power $160,000) New Buying Power (+10K) = $170,000 New Daily Pause (1% X target) = $1,460 (initial DP $1300 + $160) Ultimate Buying Power 10% Target = $26,000 (out of initial Buying Power $260,000) New Buying Power (+20K) = $280,000 New Daily Pause (1% X target) = $2,260 (initial DP $2600 + $260)

Can we keep positions in Trade The Pool overnight?

Yes! TTP’s traders can day trade & swing trade during the week and also over the weekend.

How much money may be made by floating in Trade The Pool?

Intraday: Mini BP – $20,000 Super BP – $80,000 Extra BP – $160,000 Ultimate BP – $260,000 Swing (overnight): Mini BP $2,000 Super BP – $8,000 Extra BP – $16,000 Ultimate BP – $26,000 Exposure = Number of shares X stock’s price As you continue to grow, your exposure will grow with you.

When I register with Trade The Pool, do I get any extra benefits?

Naturally, of course! To provide you with their programme for free, we have teamed with Tradersync, Tradervue, and Stock Traders Daily. Furthermore, you can select Trade-Ideas, TrendSpider, or Bookmap at no cost for all assessment programmes (minimum BP excluded).

What is Trade The Pool's daily loss?

Your maximum trading risk in US dollars for each given day is your daily loss. The sole factor influencing risk is your maximum daily loss because you are trading in a single pool with limitless purchasing power. Three distinct daily loss parameters are available for selection: $700, $1300, and $2000. Your daily loss will be reset each day, and you will be able to use your entire allowance.

What is Trade The Pool's maximum drawdown for me?

Your maximum drawdown is 3 times your daily loss. If your daily loss is $2000, your max DD is $6000

How does Trade The Pool's overnight position operate?

Swing trading: keeping overnight Swing trading is permitted on any programme run by TTP. Overnight positions can be held by traders both during the week and on the weekends. The maximum exposure on all accounts will automatically be lowered at 15:55 ET to accommodate the exposure for the next day: Between $20,000 and $2k on the Mini BP $80,000 to $8k on the Super BP $160,000 to $16,000 on the Extra BP About the Final BP, $260,000 to $26,000 TTP will automatically close any shares or positions that remain after the exposure decreases from the intraday to the overnight exposure. All open positions will have their adjustment made in accordance with an equal percentage to reflect their market worth.

Can I trade in Trade The Pool before or after markets?

Yes. You can trade long/short any of our 12,000 symbols. The max exposure during pre/after market hours is the same as for the overnight positions: On the Mini BP $2k On the Super BP $8k On the Extra BP $16k On the Ultimate $26k Please be aware, during pre/after market hours only limit orders are available. Stop loss and market orders will not be triggered outside of regular trading hours. Regular trading hours: 9:30 to 16:00 ET Pre-market hours: 4:00 to 9:40 ET After-market hours: 16:00 to 20:00 ET

How does Trade The Pool's payout process operate?

You can withdraw your funds every 14 days, once you reach a profit of $300. We process the payout through Wise, and Confirme (crypto).

What is the commission on any Trade The Pool transaction?

You pay a minimum of $0.75 or 1/2 of a cent. Example: Buy 50 shares of AAPL, will cost you $0.75 Buy 200 shares of AAPL, will cost you $1

Do you have access to Trade The Pool's free trial?

Indeed, we do. It is crucial for us that you are able to observe the types of charts we utilise and the financial tools that become accessible to you upon enrollment in one of the programmes. Simply click the "sign up" icon in the upper right corner to start the free trial. As soon as you log into the HUB, the demo account will be available for you (automatically).

Limitations on Trade The Pool Activity?

To pass the evaluation and as a funded trader you are obligated to stay within risk rules. Here they are: 1. Profitable position – only applies for evaluation The trader’s best position can not be responsible for more than 30% of the total profit target. Example: If your profit target is $1800, your best profitable position can not be more than $540 2. The 10 cents rule All profitable positions must be at least 10 cents per share in profit. Example: Buy at $50.10, sell at $50.20 (at least) A position that will be closed with a total profit of less than 10 cents per share won’t be counted as a profitable position. 3. Halt trading – Trading is not allowed on a symbol that has made an 8% move within 4 trading minutes. (An automatic halt will take place after the asset moved 10% within 5 minutes) – If a halt has occurred, once trading is resumed, a trader must wait 1 minute before opening a new trade/position 4. 60 Seconds rule The difference between every entry and every exit on any given trade should have a range of at least 60 seconds. Example: Buy AAPL at 11:00 AM, Sell AAPL at 11:01 AM Any position that is opened and closed within less than 60 seconds, will not be considered a profitable trade. 4. Minimum volume During pre/after market hours – a trader will be able to open a new position / add to an existence position only if the number of shares that have been traded on that day is more than 20,000 shares. Example: ABC ticker has a volume of 15,000 at 8:50 ET – can not open a new position / add to an existence ABC ticker has reached the 20,000 volume mark – can open a new position / add to an existence During regular trading hours – a trader will be able to open a new position / add to an existence position only if the number of shares that have been traded on that day is more than 200,000 shares.

What occurs if I pass Trade The Pool's evaluation?

Congratulation! Once you reached the profit goal: 1. Our risk department will examine your account and verify the trades. (up to 72 hours) 2. You will have a link in your dashboard to set up an interview with Michael Katz our CEO. 3. After the interview your funded account will be open. Now you’re ready to make BIG profits!