Privacy Policy

This Privacy Policy scribes how and when DAS, Inc. collects, uses and shares your information when entering the #1 Best Trader Competition. All information submitted via the sign up form accessible on this site is stored in a secure database. Your trade information is also stored in a secure database. Your P/L is posted on the #1 Best Trader website if you one of the top ranking contestants. Furthermore, your name and P/L will be posted on the #1 Best Trader website and other promotional materials if you are one of the top 3 winners.
Certain products or services available through this website may be provided to you in partnership with a third party. That third party may require you to disclose personal information to them in order to receive such products or services. If you request a product or service offered in partnership with a third party, the identity of the third party will be disclosed to you and your personal information will be transferred to that third party. The use of your personal information by that third party is subject to its privacy policy and practices and we are not responsible for this.
If you have any questions or wish to opt-out, please email: [email protected]

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Trading Rules and Guidelines


Registration (April 17th 2019 - June 3rd 2019)

Registration for the #1 Best Trader Competition is being offered at a special early bird rate of $75 per participant from April 17th, 2019 and during the Bootcamp period of May 1st to May 27th 2019. However entrants will still have the option to enter the challenge 1 week before the Trading Challenge month begins at a rate of $100 per participant allowing registration up to June 3rd at 9:00 AM EST.

If you registered in the last week, you will need to accurately fill out the registration form, which includes your name, e-mail, and phone number. Multiple registrations will result in disqualification from the contest. If you experience login or registration difficulties, contact us immediately at [email protected] or http://help.dastrader.com


Trading Dates

Market Trading day begins Monday, June 3rd until the last business day on June 28th . **Competition observe the NYSE Stock Exchanges holiday and will be closed on days of observation. See link


How it works

Trades during the month of May will be not counted towards the challenge as each contestant's accounts buying power may or not be reset daily. The trading competition will commence on June 3rd at 9:30 AM EST in which contestant simulated account will be set with $100,000 USD in virtual buying power to begin trading over the month. Over the course of the month, each contestant's daily balance and profit & loss will be broadcast in real-time on our Ranking leaderboard. At the end of the month, the trader with the highest p/l will be the 1st place winner. Any updated listing of the standings will be posted daily by 9:00 am EST.


Trading Times

Trading will be allowed once the market is open, whether it is regular market hours (9:30am – 4:00 pm EST), pre- market(8:00 am – 9:30am EST) or the after-market (4:00 pm – 6:30 pm EST).


Inactive Accounts

Account which reflects no trading up to 14 days after the month begins will be closed and terminated from the competition. Any account which drops below 0 equity while holding positions intra-day will be liquidated and not permitted to continue trading.


Tradeable Securities

This competition allows you to trade any Listed equities, ETFs and options (Pinksheets, futures, bonds, ADFs and forex are not part of this competition). Equities includes all stocks listed on Nasdaq, NYSE, AMEX along with Options on Nasdaq's securities.

  • Individuals may not hold short and long positions in the same stock at the same time.
  • May not trade low Float securities (Stocks which has less than 5% outstanding shares to FLOAT ratio)
  • May not trade Unshortable stocks (Stocks may be added if it can be barrowed per request)

Volume and Purchase Restriction

  • This is an Equities/ETFs and Options trading competition. Futures, E-minis etc will not be permitted. You may buy, sell, sell short and cover almost all NYSE, NASDAQ and AMEX stocks (common and preferred).
  • Individuals may not hold short and long positions in the same stock at the same time.
  • Writing Naked Option is not allowed

Commission

A commission rate of $3.95 is applied to all transactions. Commission will be charged to both opening and closing transactions. This fee comes out of your paper trading competition account.


ECN Fees

ECN fees will be charged at 0.003/share for removing liquidity, and 0.002/share rebated if liquidity is added. Please note that if a limit order is a marketable limit order it will removes liquidity such as a range order since it will place an order to trigger at the bid and ask. In order to add liquidity the order need to be either above bid or below ask.


Competition Eligibility

Individuals wishing to be eligible to be declared winners must meet the following requirements:

  • Minimum age requirement of 18 Years old.
  • Must have an email address.
  • Possess a valid photo ID.
  • Must have necessary approval to travel freely in the US (valid VISA or US persons)

Prizes

* 1st place winner will be awarded the Gold Honor status with a Red Carpet Access ticket for a Day at the Nasdaq, to shadow a top Nasdaq's executive at Times Square location, watch a live belling, receive 6 months FREE subscription to DASTrader Pro which includes the Nasdaq level 2, Totalview and Net Imbalance feeds, a keepsake photo on the Nasdaq's Times Square Tower and DASTrader.com's Samsonite Travel backpack with essential accessories.

** 2nd place winner will be awarded Silver Honor will join the Winner's Circle for the Red Carpet Access for a Day at the Nasdaq's Times Square location to watch live belling and receives 3 month FREE months subscription to DASTrader Pro which includes the Nasdaq level 2, Totalview and Net Imbalance feeds, a keepsake photo on the Nasdaq's Times Square Tower and DASTrader.com Samsonite Travel backpack with essential accessories.

*** 3rd place winner will be awarded Bronze Honor will join the Winner's Circle for the Red Carpet tour ticket for a Day at the Nasdaq's Times Square location to watch live belling and 1 month FREE subscription to DASTrader Pro which includes the Nasdaq level 2, Totalview and Net Imbalance feeds, a keepsake photo on the Nasdaq Times Square Tower and DASTrader.com Samsonite Travel backpack with essential accessories. We can't put a price on the experience of spending a day at the Nasdaq MarketSite where the Nasdaq Market Bell Ceremonies are held for IPOs. It offers a spectacular panoramic views of live bell ringing and broadcast of Nasdaq's aired shows. You may even be invited for an impromptu interview by Jill Malandrino, renounced Nasdaq Global Markets Reporter and host of the Trade Talks. The entire experience is simply Priceless.


Prizes may be claimed up to 30 days after the official announcement of the winners of the competition. If after 30 days a prize is not claimed then the prize cannot be awarded as it has become null and void.


System Requirement

DAS Trader Pro is a Windows based download application and will not run natively on a Macintosh computer

PC Hardware Requirement:

* Minimum Core2 Duo 2+GHZ processor * Minimum 4GB of RAM

* Cable or DSL (at least 10/10 DL/UL speed recommended)

* Windows 7, Server 2008 or higher Secure updated web browser

* DASTrader Pro program enabled in Windows Firewall

See workaround on how to run DAS Trader Pro in a MAC environment...