Chicago-based capital market firm TradeDay unveils its proprietary trading model, aiming to even up the playing field for aspiring traders. The firm supports traders as an education, mentoring, and funding platform and provides them with broader knowledge regarding different aspects of trading.
The new model provided by the firm facilitates a learning platform for traders and gives them an opportunity to participate in their evaluation challenge. Those who pass the challenge will be provided with funds to start their trading journey. The challenge has some set rules to be followed and specific targets to be achieved by the participants. If they accomplish the targets by following the rules, the company will provide them with initial funds. Traders are allowed to keep the first $5000 they make and 80% of whatever they make through trading thereafter. This model is based on a subscription fee from the traders.
With Futures Trading becoming a more attractive career, it has a number of challenges and complexities that require considerable time and effort to master. In addition to these innate drawbacks, minimal assistance is available to beginners and aspiring traders, which potentially increases the risk. TradeDay aims to focus more on assisting investors in reaping the opportunities of Futures Trading without being affected by the challenges it poses.
“We have created a platform that brings value to your money and effort and also helps you to evolve as a trader. We will teach you how to trade, provide a simulated market for you to practice, and open a funded trading account for those who pass our Evaluation Challenge. Our platform provides you with some of the tools professional traders use in professional trading groups, hedge funds, and banks. We are also constantly re-investing in the platform to grow it and give you the resources to succeed. ”, says Steve Miley, COO and co-founder of TradeDay.
Alongside the educational resources available at TradeDay, Steve Miley also highlights the wealth of informative content available at FXExplained, where he is Editor in Chief.
About
TradeDay is headquartered in Chicago, United States and was co-founded by Steve Miley in 2020. It is an education, mentoring, and funding platform for anyone interested in learning to trade. TradeDay provides professional trading tools, like trader development programs, live market commentary, and institutional-grade research, to give our traders the edge they need to succeed in today's markets.
Media Contact
Name: Steve Miley
Email: [email protected]
