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CEED.trader.prep participants can unlock advanced course access with CEED.credits. The purpose is to incentivize developing and maintaining disciplined trading habits and work flows.
You can earn points for:
– 25 points for completing quizzes in the CEED.basics (01-04) course modules,
– 25 points for submitting your weekly sim-trading transactions every Friday
– 25 bonus points for a positive net P/L for the week
Special bonus for LUX Trading participants:
– 25 bonus points for signing up
– 25 bonus points for getting funded
– trade on at least 4 out of 5 days of respective week
– complete 20 round-trip trades in respective week
– notional value > $100,000 for stocks and FX
NOTE: to remain eligible for earning CEED.credits, you also need to submit your weekly transactions even if you did not meet the minimum criteria for that week!
– you need to maintain the CEED.trading.journal and submit your weekly transactions (even for weeks that do not meet the criteria for a qualifying trading week)
– you must manage your risk prudently and stay clear of the total max. drawdown of 30%.
Violation of the max. drawdown requires a sim-account reset to continue and 50 CEED.credits will be deducted from your points balance.
You need to earn the following point balance before you can unlock advanced course access:
– 200 points for 05 CTP.edition
– 200 points for 06 CTP.edition
– 200 points for 07 CEED.equity.trader
Here’s a sample timeline for earning course access with the fastest possible time to reach each level highlighted in the respective color*:
Example: if you also earn a bonus for positive weekly P/L every week, then the fastest possible time to reach 400 points is 6 weeks.
*NOTE: points for 07 CTP must be earned while trading US stocks and submitting respective weekly assignments through Medved Trader