Enter to win an incredible experience of a *Day at the Nasdaq, home of the largest market share of U.S equity trading, behind only the New York Stock Exchange located in the same city.

The Winter 2024 Competition is a Day Trading Competition.

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Strike First with Cobra Trading

Round: Novice
Date(s): March
Competition Length: 20 Days
30 Days Registration/Boot camp and 20 Days Trading Competition

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The experience of spending a day at the Nasdaq MarketSite where the Nasdaq Market Bell Ceremonies are held for IPOs is being exclusively offered through this simulated Trading competition to the #1 Best Traders. While there, you will have a spectacular panoramic view of a live bell ringing and watch in real-time broadcast of Nasdaq’s aired shows. You may even be invited for an impromptu interview by Jill Malandrino, renown Nasdaq Global Markets Reporter and host of the Trade Talks. The entire experience is simply Priceless.

How does it work?

The trading competition will commence on March 4th at 9:30 AM ET in which contestant simulated accounts will be set with $50,000 USD in virtual buying power to begin trading over the month. Over the course of the 20-days of the competition, each contestant’s daily balance and profit & loss will be broadcast in real-time on our Ranking leader board. At the end of the competition, 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 ET.

Prizes

We will update our prizes for each competition.

First Place

The first 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 Director at the Times Square location, watch a live bell ringing, and a keepsake photo on the Nasdaq’s Times Square Tower as well as the following prizes from our sponsors:

DAS

  • Access to the DAS Trader Pro platform for: 9-months
  • A keepsake photo behind the Nasdaq Bell Ringing podium.
  • *Private Tour of the Nasdaq and Closing Bell ceremony.
 

Cobra Trading

  • Trading Computer
  • Locate Credit ($1000)**

Second Place

The second place winner will be awarded the Silver Honor and will join the Winner’s Circle for the Red Carpet Access ticket for a Day at the Nasdaq’s Times Square location to watch a live bell ringing and receive a keepsake photo on the Nasdaq’s Times Square Tower as well as the following prizes from our sponsors:

DAS

  • Access to the DAS Trader Pro platform for: 6-months
  • A keepsake photo behind the Nasdaq Bell Ringing podium.
  • *Private Tour of the Nasdaq and Closing Bell ceremony.
 

Cobra Trading

  • Dual Trading Monitors
  • Locate Credit ($300)**
  • Third Place

The third place winner will be awarded the Bronze Honor and will join the Winner’s Circle for the Red Carpet access ticket for a Day at the Nasdaq’s Times Square location to watch live bell ringing and receive a keepsake photo on the Nasdaq Times Square Tower as well as the following prizes from our sponsors:

DAS

  • Access to the DAS Trader Pro platform for: 3-month
  • A keepsake photo behind the Nasdaq Bell Ringing podium.
  • *Private Tour of the Nasdaq and Closing Bell ceremony.
 

Cobra Trading

  • Stream Deck
  • Locate Credit ($150)**

*Each winner of the competitions will be given access to the private Nasdaq tour. However, there will only be one tour scheduled for the year and it will be the winners’ responsibility to plan travel accordingly. Once a confirmed date is set with Nasdaq, we will email all winners and they will be welcome to join us on the tour. Please note that we will not make any special accommodations or date changes. If you choose not to attend the tour, note that the prize is null and void and cannot be replaced at a later date.

**Must open and fund a $30K Day trading Account with Cobra Trading within 60 days to receive Locate Credit. Locate Credit is valid for 6 months.

Sponsors

Hosting Sponsors

If you are interested in sponsoring the #1 Best Trader Competition, please click here to learn more.

Take the Tour of DAS Trader Interfaces

DAS Trader Activeweb

iDASTrader & Android Mobile App

Trading Rules and Guidelines

The Trading Challenge entry fee is $200 $150 per participant, allowing registration up to March 4th at 9:00 AM ET.

When you register, 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

The trading competition begins on Monday, March 4th at 9:30AM ET and ends at 4PM ET on Thursday, March 28th .

The competitor is given 20 trading days to compete as the markets are closed on weekends.

**The competition observes the NYSE Stock Exchanges holiday and will be closed on days of observation. Click Here for the NYSE holiday calendar.

The trading competition will commence on March 4th at 9:30 AM ET in which the contestant’s simulated account will be set with $200,000 buying power intraday ($50k x 4). Over the course of the 20 trading days, each contestant’s daily balance and profit & loss will be broadcast in real-time on our Ranking leader board. At the end of the competition, 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 ET.

Trading will be allowed during normal market hours: 9:30am – 4:00 pm ET. Pre- market & Post-market trades are not allowed.

Overnight Trades are NOT allowed as this is a day trading competition.

On the last day of the competition (2/24/23) the account must be flat before 4PM ET. Any positions held after the market close will result in disqualification.

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.

Overnight positions are NOT allowed during this competition.

Our competition is open to any level of trader from novice to semi-professional. However, individuals who are professional traders by the exchanges are excluded from participating. Also, if your trading style is deemed to be gaming or professional, we have the right to disqualify you from the competition. Gaming is considered any market activity using the simulator that is deemed not possible in live or normal, non-simulated market conditions. This includes the simulations of margin requirements that limit trading on low priced securities.

This competition allows you to trade any Listed equities, and ETFs. Pinksheets/OTC, options, futures, bonds, ADFs and forex are not part of this competition). Equities includes all stocks listed on Nasdaq, NYSE and AMEX.

  • 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 borrowed per request).
  • May not engage in manipulative trading practices such as layering, spoofing, front-running, bear raiding, cornering, wash trading, painting the Tape, etc.
  • This is an Equities/ETFs  trading competition. Options, 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
  • Each trade is limited to 5000 shares per position/symbol.
  • May not hold more than $100K in each securities.

A commission rate of $#0.003/share or $3/1000 shares 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 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 remove 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 needs to be either above bid or below ask.

You must be at least 18 years old to win. You may take 1 guest who must be of legal age of majority in his/her jurisdiction of residence (and at least 18), unless Winner is the legal guardian of Guest and Guest is at least 5 years of age or older at the time of travel. If Winner and/or Guest reside outside the United State, Winner and/or Guest must have current, valid passports, and be able to travel to the New York. Visa restrictions may apply. If they are unable to travel to New York, they will forfeit the prize. In certain countries, local rules and laws may restrict or prohibit the award of certain prizes or impose additional restrictions on participation. Entry is subject to all local laws. Employees, officers, and directors of Sponsor, Charity, or Prize Provider, and members of their immediate families and households, are not eligible to win. In addition, individuals wishing to be eligible to be declared winners must meet the following requirements:
  • Past winners from any prior competitions are not allowed to enter. This includes winners that were in first, second or third place.
  • 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 can be viewed above or by clicking here.

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.

There will be no substitute prizes offered. You may opt to not receive the prize or gift it to somebody locally.

Please note: travel to NYC for the Nasdaq tour is the sole responsibility of the winner. Neither DAS nor Cobra Trading will provide any travel assistance or accommodation.

The Nasdaq tour offer is valid for 1 year from winning the event.

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…

Refunds will be allowed for the most recent ticket purchase within 24 hours, minus usage days on Market data.

Registration

The Competition Ends In:

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Entry Ticket is $200 $150 per participant during early bird registration (February  7th-19th, 2024). Then $150/participant February 20th- March 4th, 2024.

After you complete the purchase, access will be immediately granted to the platform. All data consisting of Nasdaq’s Totalview will be streamed in Real-Time during market hours for the duration of the competition.

The Trading competition starts on March 4th, 2024 and runs until 4PM ET on March 29th, 2024

Please note: The ticket price covers the period of usage of the DAS Trader Pro software with market data

Take Advantage of our Early Bird Pricing

Click the cart below to purchase your #1 Best Trader Competition Entry Ticket

$150.00

*Also included: Market Replay and Trade Signal and access to the Basic plan of TraderVue for all participants during the registration and bootcamp period!

*Market Replay is disabled once the competition begins and for the duration of the competition.