Privacy Policy

This Privacy Policy scribes how and when DAS, Inc. collects, uses and shares your information when entering the Best Trader Competition. All information submitted via the sign up form accessible on http://besttrader.co is stored in a secure database and not shared with any third party. Your trade information is also stored in a secure database and not shared with any third party, however, your P/L is posted on the Best Trader website if you one of the top ranking contestants. Furthermore, your name and P/L will be posted on the Best Trader website and other promotional materials if you are one of the top 3 winners.

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Trading Rules and Guidelines

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Free Registration

Registration for the Best Trader Competition is completely free. If you wish to continue play beyond the 30 days, you buy additional play time with a $50 subscription for 30 days.

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



How it works

Each contestant will have $100,000 USD in virtual buying power to trade over the month. Over the course of the month, each contestant's daily balance will reflect profit & loss from the previous day. At the end of the month, the trader with the highest p/l will be the 1st place winner.

An 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 5 days after the month begins will be closed and terminated from the competition.


Tradeable Securities

This competition allows you to trade any equities and options (futures, bonds, and forex are not part of this competition). Equities included can be listed on Nasdaq, NYSE, AMEX, or Pinksheets, along with all options.

  • Individuals may not hold short and long positions in the same stock at the same time.

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.

Commission

A commission rate of $8.95 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.


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.

Prizes

The first place winner, the trader with the highest p/l for the month, will win 1 year of free market data and usage of the DAS Trader platform system, InvestorsLive.com Chatroom Access for 3 month. The second place winner will receive free market data and access for six months, InvestorLive.com Chatroom access for 2 months and the third place winner will receive free market data and access for three months and one month access to InvestorLive.com Chatroom.

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