Maintain Proper Risk Management

Elite 1 Step

  • Do not hit or exceed the intraday trailing drawdown. (The drawdown follows your intraday highest unrealized gains)

The drawdown will stop trailing after you have made your drawdown amount plus $100 in realized gains.

Elite EOD

  • Do not hit or exceed the static daily loss limit.
  • Cash balance must stay above the max EOD drawdown by the market close.

The max EOD drawdown and daily loss limit will stop after you have made your max drawdown amount plus $100 in realized gains. So If you hit the minimum balance intraday, your account will switch to liquidation only. 

Elite Diamond Hands

  • Do not hit or exceed the static daily loss limit.
  • Cash balance must stay above the max drawdown by the market close.

The max drawdown and daily loss limit will stop after you have made your max drawdown amount plus $100 in realized gains. So If you hit the minimum balance intraday, your account will switch to liquidation only. 

Elite Static

  • Do not hit or exceed the minimum static balance.

The drawdown won't move from the minimum balance as you grow the account. 

Trading Volatile News Event

  • Elite traders are not allowed to trade volatile news events.
  • All Elite accounts must be flat 5 minutes before the event to 5 minutes after the event starts.

    • Note that listed times may change and are outside ETF's control. Traders are responsible for staying informed of key events and managing trades accordingly.

    • MarketWatch
Event Time No Trade Window
FOMC Minutes 1:00PM CST 12:55PM - 1:05PM
FOMC Statement 1:00PM CST 12:55PM - 1:05PM
FOMC Conference 1:30PM CST 1:25PM - 1:35PM
CPI 7:30AM CST 7:25AM - 7:35AM
PPI 7:30AM CST 7:25AM - 7:35AM
NFP (Non-Farm Payrolls) 7:30AM CST 7:25AM - 7:35AM

40% Consistency

  • Elite account(s) must not consist of greater than forty (40) percent of the total balance being derived from a single trading day.
    • (Best Day P&L / Total P&L) * 100 = % of P&L

Where do I find my P&L stats?
You click the 'View Stats' button from your ETF Trader Dashboard. You should see DT (days traded) column header along with 'Details.'

For more information, click here.

Flatten Trades

  • Elite traders must close all positions by 4:59 PM EST.
    • This rule does not apply to Elite Diamond Hand.

If you experience any discrepancies with your Elite account, please cease all trading activity and reach out to support.