FAQ

General

Are there any country restrictions?

CEED.funding is not available to U.S. residents for regulatory reasons.

How can I increase my chances of passing the prop trader qualification?

Preparation is the key to your success.

 

If you still struggle to understand (or never heard of) how algo order flow affects price formation across all asset classes, we recommend that you sign up for the CEED.accelerator + CEED.equity.trader Add-On Combo to increase your chances of passing the PTQ.

Of course you can also start out with the PTQ.prep and practice with real-time data. In addition, you can earn credits for the CEED.equity.trader as long as your account is in good standing.

Alternatively, you can join the CEED.incubator prop trader trainee program for a guaranteed funded account at the end of the trainee period with initial buying power of $10,000.

Is there a guarantee that I will make money as a trader after completing the training program?

No. The primary purpose of the program is to increase your odds of success or improve your current results if you’re already profitable.

What are CEED.credits and how can I earn them?

CEED.funding participants can unlock advanced course access with CEED.credits. You can earn points for:

    • each completed quiz in the basic course modules,
    • each completed course assignment,
    • sharing your experience on social media, and
    • referring friends to join CEED.trading.

Traders in the PTQ.prep will receive BONUS credits for:

    • submitting the daily trader worksheet and sim-trading transactions on 20 consecutive trading days in a given calendar month and
    • not violating the 20% max total drawdown.
What are the reasons for disqualification from CEED.funding?

The possible reasons for disqualification from CEED.funding are:

 

– having an open position at the market’s close (i.e. carry position overnight),

– exceeding the hard daily loss limit of $150,

– fail to submit your transactions at the end of each trading day via email as per the given instructions,

– any type of gaming the rules or systematic exploitation of inaccuracies in the paper trading order execution engine, and

– an obvious style shift after reaching the targets before the end of a qualifying rolling evaluation period.

 

Remember that we need to evaluate your overall trading skills, which is why you are expected to keep trading in a consistent style for the entire qualification period and also in the LTA.

What happens after I sign up for the PTQ?

After completing your sign-up, you will receive an email with instructions on how to set up the trading software and the market data feed. The trading software has a free period of 1 month while the linked real-time market data feed for paper trading accounts is free of charge for 3 months.

 

 

What makes CEED.trading different from other trader education programs?

The trading pits with human traders are gone — the associated concepts and terminology are obsolete now and need to be replaced with an objective framework to make sense of price formation.

First, you need to fully understand market microstructure from a perspective of institutional order execution algorithms and HFTs. Feed your trader intuition by understanding the strengths and the weaknesses of other market participants instead of trying to find patterns in noisy charts based on random technical indicators.

When can I trade?

The core trading hours for U.S. stock exchanges are Monday to Friday from 9:30 to 16:00 EST. All positions must be closed by 15:55 EST as you are not allowed to carry positions overnight. Extended hours trading is not available in the PTQ. Synchronize your system time here.

 

Check the NYSE website for observed holidays.

Who is this course program made for?

CEED.trading’s fundamental mission is to promote independent thought and decision-making.

You may have already experienced that you seem to intuitively make the “wrong” trading decisions, it’s not your intuition that’s to blame but the “counter-intuitive” information you used to train it with. You’re in the right place to feed your intuition using an objective framework instead of fiction.

If you’re not ready or willing to retrain your intuition and unlearn concepts that simply don’t work for you, then this course program is not for you.

LTA

How much buying power do I get in the Live Trading Account?

Your initial buying power in the live account depends on your performance in the PTQ. The higher the Sortino Ratio of your returns the more buying power you will get:

 

Sortino ratio for BP in LTA

Buying power PTQ.20 - Sortino ratio Commission per 1000 shares Profit split
$10,000 1 $3.50 65%
$15,000 2 $3.25 70%
$20,000 3 $3.00 75%

 

See the following link for a sample performance:

Sortino Sample
What are my costs in the LTA?

Software and market data fees will be deducted from your equity balance in the live account:

– $29/month software fee is waived for trading volume greater than 50k shares/month

Market data fees range from $20-120/month depending on the selected exchanges.

 

What are possible reasons for a trading suspension in the LTA?

Live-trading will be suspended …

 

  • – for one day if the daily loss is exceeded two days in a row,
  • – for the rest of the week if the weekly loss limit is reached,
  • – indefinitely if you hit the max drawdown.

 

Upon consultation with the risk manager, the trading suspension may be lifted, your max drawdown may be extended or you need to go back to CEED.funding to re-qualify.

What are the daily and weekly loss limits in the LTA?

The initial daily loss limit (DLL) including commissions and fees is $100. This limit will increase as your account equity and buying power increases.

The weekly loss limit including commissions and fees remains constant at 3-times the DLL.

 

Note: Once the loss limit is reached, the account is in close only status. You should actively avoid this scenario and close position(s) ahead of time to avoid unnecessary slippage.

What are the trading commissions in the LTA?

Your initial commission rate in the LTA depends on the Sortino ratio in the PTQ:

 

Sortino ratio for initial commission rate in LTA

Buying power Commission per 1000 shares PTQ.20 - Sortino ratio Profit split
$10,000 $3.50 1 70%
$15,000 $3.25 2 75%
$20,000 $3.00 3 80%

 

Total transaction costs are commission plus/minus exchange fees/rebates. Over time, your commission decreases by $0.00025 per share ($0,25 per 1000 shares) for every 750k in trading volume to as low as $0.002 per share ($2,00 per 1000 shares). Minimum monthly volume criteria apply.

What’s the maximum drawdown in the LTA?

The initial max. drawdown in the LTA is $500 for regular CEED.funding participants and $1,000 for CEED.incubator trainee traders.

What’s the profit split in the LTA?

Your initial profit split in the live account depends on your performance in the PTQ.

 

Sortino ratio for initial profit split in LTA

Buying power Commission per 1000 shares Profit split PTQ.20 - Sortino ratio
$10,000 $3.50 70% 1
$15,000 $3.25 75% 2
$20,000 $3.00 80% 3
$10,000 $3.50 88% INCUBATOR-Graduates

 

Over time, your profit split increases by 5% for every $20,000 in cumulative net profits up to 85%.

When are the profits paid out?

Your share of net trading profits are paid out within 14 days after the end of every calendar month.

Membership

Do you have a referral or affiliate program?

Yes, after the free registration to our site you may apply for affiliate status and then refer friends and family. The referral commission is 10% of the respective membership fee.

What is CEED.funding and who is eligible for it?

CEED.funding offers evaluations for stock traders to qualify for a prop trading account. Anyone can start the evaluation, but funded prop trading accounts are not available for US residents.

Modules

Do I need a finance or math background to complete the trader training?

Don’t worry, a basic understanding of math and probabilities coupled with a commitment to learning is enough. In addition to 12/7 chat and email support, our community of shared learning will be there to help you if necessary.

Above all, you need to be open to replace outdated concepts, forget any limitations you think you have, and start with a beginner’s mind.

Do I need a live trading account to complete the course modules?

For the best learning experience, the advanced courses require access to a simulator or live trading account to complete the assignments and exercises.

Please take a look at the recommended platforms here and sign up for a demo or free trial.

Payments

How can I pay with crypto?

Add your product to the cart first

 

and then click Proceed to checkout

 

Select the Bitcoin and other cryptocurrencies option and then click Proceed to Coinbase:

 

Choose the crypto of your choice to complete the payment:

 

Done!

What forms of payment do you accept?

You can pay with debit or credit card via PayPal. We also accept Bitcoin or other cryptocurrencies through the Coinbase gateway.

What is your refund policy?

In order to protect the investment of our current members, there is no refund for paid membership packages. The advanced courses include ideas and concepts that are proprietary to CEED.trading and absolutely unique in the trading education field.

If you want to test drive the site’s functionality, simply register for free to access the 01 Trading Plan Development course module before upgrading to the paid memberships.

PTQ

What are the trading commissions in the PTQ?

Transaction costs are calculated at $0.01 per share to include commissions plus exchange fees and account for potential inaccuracies of simulated order execution. Also note that the trading platform(s) will only show you gross profit before commissions and fees. You will be able to track your net P/L after fees in your membership area.

What happens after I pass the PTQ?

After passing the PTQ.20, you will be assigned a live-trading account with buying power, commissions and payout according to the Sortino ratio of your daily trading returns. At this point, you also need to complete module 08 before receiving live trading credentials.

 

If you’re in the PTQ.prep, please notify us once you meet the criteria for a discounted or free PTQ.20.

What is considered one trading day?

A trading day is defined as trading volume greater than $10,000 of notional volume.

What trading software will I use?

In the PTQ, you will use the Medved Trader with real-time NASDAQ Level 2 market data, which is a lightning fast and easy to use full-featured trading platform designed with active traders in mind. It includes hundreds of indicators incl. volume profile, volume delta, alerts, watchlists as well as Level II monitoring, chart trading, and hotkeys.

Chart types include Heikin Ashi, Renko, tick-, volume- and range candles.

 

Request a free demo here to get familiar with the platform’s functionality.

In the LTA, you will trade with a broker white label version of Medved Trader with virtually the same functionality.

What’s the maximum drawdown in the PTQ?

There is no maximum total drawdown in the PTQ. However, the maximum drawdown during an eligible evaluation period must not exceed $500. Since the evaluation time is a rolling period, no resets are necessary.

What’s the minimum amount of trades in the PTQ?

Minimum # of trades and share-/$-volume

Funding track PTQ 20 PTQ 40
RT trades 100 150
# of shares 50,000 100,000
Notional value $200,000 $400,000

 

One round-trip trade is the opening and closing of a trade that meets minimum share size requirements of $1,000 notional trade value.

What’s the profit target?

The profit target in the PTQ.20 is $500 or (5%) of the simulated account balance of $10,000.

You need to meet the target in combination with a minimum Sortino ratio of 1, which captures the downside risk of your daily returns.

Why the cap on daily profit in the PTQ?

The maximum daily profit included in the evaluation of your performance is $250 (which is 50%/33% of the profit target in the PTQ20/40) to remove statistical outliers from your trading results. Of course, there’s no profit cap in the LTA.

Trading

Can I apply algo order flow principles across different asset classes?

Yes, absolutely. Algorithmic trading accounts for 50 to over 80% of trading volume across all liquid assets classes. Therefore, algo order flow reading skills can be applied to trading stocks, futures or cryptocurrencies.

What is Delta.PivotTM?

Delta.PivotTM is a proprietary marker for identifying the urgency and direction of order flow. You’ll learn all about it in 06 Algo Order Flow Strategies.

About

CEED.trading’s mission is to feed trader intuition based on understanding market microstructure and the constraints of order execution algorithms.

We believe in human traders and that increased systematic trading actually presents an opportunity for hybrid-discretionary traders.

This is why we aim to develop traders in our Prop Trader Trainee program to place them with our partner firm.

Our office is located in the heart of Central Europe in Budapest, Hungary.

CFTC Rule 4.41

Hypothetical or simulated performance results have certain limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, because the trades have not actually been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs, in general, are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profit or losses similar to those shown. Testimonials appearing may not be representative of other clients or customers and are not a guarantee of future performance or success.

Risk disclaimer

Futures and forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones’ financial security or lifestyle. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. This is neither a solicitation nor an offer to buy or sell futures, options or forex. Past performance is not necessarily indicative of future results.

top
© 2021 ceedtrading.com. All rights reserved.