Every UNITS holder has the POSSIBILITY - not the obligation - to place trades according to the following rules:
1. The calls will be made on the home page of TradingFloorFx in the comment box of each day's topic which will be opened by the fund manager before the London Session starts.
2. The member who will make the call has to place the comment with the name (or nickname) that he registered on this website. Any trade placed in the comment area by a person which is not written in the "member's area" will not be considered.
3. The size of the trade will be minimum 0.50 lots and maximum 1 lot
4. Every trade has to have a clear "Entry price", a stop loss order and a take profit order. Will not be admitted stop loss orders with a higher than 2% potentially loss for each trade.
5. If the member changes his mind and want to cancel the trade he can only do it BEFORE his trade is triggered. Once his trade is in the market under NO CIRCUMSTANCES will be closed before one of the SL or TP order is triggered.
6. Every trader can place 1 trade/1 UNIT / month. For example if Mr. John Doe owns 5 UNITS he can place ONLY 5 trades/month.
7. Under no circumstances one member can place more than 1 trade in the same day or to merge his 5 trades in one single trade of 5 lots.
8. At 31 (or 30 if the case) of each month the fund manager will also make a balance of the trades placed by each member and will give or withdraw the right to place more trades as following. If the difference between the winning trades and lost trades is positive, that trader earns the right to place more trades next month, or to lose a number of trades he can place. For example: John Doe has the right to make 5 calls in his first month. He makes 3 positive trades and 2 negative ones. Next month he has the right to place 6 trades. Five of them was his right for the 5 UNITS he holds and 1 earned it by ending the first month in profit. If he makes 3 negative and 2 positive, the next month he will be able to make only 4 calls.
9. The members can trade whatever they want as long as the broker has that instrument in his platform. You can place trades in the Forex Market, Commodities, Stocks (as CFD), Index and other instruments.
10. Every day will be placed maximum 5 trades and only the first 5 members that publish their calls for the day will be considered. If one of those 5 trades is closed (by hitting the SL or TP orders) then we can replace it with another trade.
11. The trades can be intra-day or long term and can be hold overnight.
12. Will not be accepted trades at the market price as "enter now". Always has to be a LIMIT or STOP order that place the trade in the market.
This statute can be modified according to the new situations that could occur during the process.
