Understanding the TickTick Trader Evaluation Process
Introduction
TickTick Trader offers aspiring traders the chance to trade with significant capital through their evaluation process. This process is designed to assess a trader’s skills, risk management capabilities, and consistency. In this blog, we’ll explain the steps involved in the TickTick Trader evaluation process, ensuring you have a clear understanding of what to expect.
Steps in the Evaluation Process
- Account Selection
- Choose an Account Type: Traders must first select the type of account they wish to evaluate. TickTick Trader offers various account options, including Starter ($25K), Advanced ($50K), and Pro ($100K). Each account has different criteria and fees associated with it.
- Initial Signup and Payment
- Register: Create an account on the TickTick Trader platform.
- Payment: Pay the evaluation fee corresponding to your chosen account. Use the discount codes provided below to save on your evaluation fees.
- Evaluation Criteria
- Profit Target: Achieve the specified profit target for your selected account. The target is usually a percentage of the starting account balance.
- Daily Loss Limit: Do not exceed the daily loss limit, which varies based on the account type. This rule ensures that traders manage their risk effectively each trading day.
- Overall Drawdown Limit: Maintain your account balance above the drawdown limit. This cumulative limit ensures long-term risk management.
- Trading Period
- Minimum Trading Days: Complete the required minimum number of trading days. This requirement ensures that traders demonstrate consistency over a period rather than achieving short-term gains.
- Maximum Trading Days: Complete the evaluation within the maximum number of allowed trading days. This provides a timeframe for traders to meet the evaluation criteria.
- Trading Rules
- No Overnight Positions: Close all positions before the market closes each day. Holding overnight positions is not allowed during the evaluation.
- Scaling Plan: Follow the scaling plan, which limits the number of contracts or positions based on the account balance. This prevents over-leveraging.
- Review and Funding
- Performance Review: Once you meet all the evaluation criteria, TickTick Trader will review your performance.
- Funded Account: Successful traders are granted a funded account, allowing them to trade with real capital provided by TickTick Trader.
Discount Codes and Affiliate Link
To make the most of your TickTick Trader evaluation, use the following discount codes:
| Code | Discount | Account |
|---|---|---|
| CLEVER10 | $25 off | 10K DIRECT Account |
| CLEVER25 | $50 off | 25K DIRECT Account |
| CLEVER50 | $100 off | 50K DIRECT Account |
| CLEVERTRADING | Extra 5% off | All 25K, 50K, and 100K Pro Accounts |
Use the affiliate link to sign up and take advantage of these discounts.
Tips for Success
- Develop a Trading Plan: Create a robust trading plan that includes risk management strategies.
- Stay Disciplined: Adhere to your trading plan and avoid emotional trading decisions.
- Utilize Educational Resources: Take advantage of any educational materials or resources provided by TickTick Trader to enhance your trading skills.
- Monitor Performance: Keep track of your trading performance and make adjustments as necessary to stay within the evaluation criteria.
Conclusion
The TickTick Trader evaluation process is designed to identify skilled and disciplined traders who can manage risk effectively. By understanding the criteria and adhering to the rules, you can successfully complete the evaluation and secure a funded trading account. For more information and to start your evaluation, visit the official TickTick Trader website and use the provided discount codes to save on your fees.
