BLACK CORD 
Title: Master Trader

You must complete the Basic Requirement to earn your Black Cord. If you’d like to participate in the Cord Promotions and be awarded the official Black Cord Certificate and badge- recognizing your achievement, you must also complete the Participant Requirements.

Basic Requirement To Be Promoted to Black Cord (Active Master Trader) 

• Member for more than 36 Months as Live Trader.
• Completed the Academy to the Black Cord Level.
• Completed the Black Cord Lessons, Projects, Test,  Survey, & Promotion Request.
• Completed at Least 1,000 Live trades with the following performance:
  • At Least 50% Win Ratio 
  • At Least 50% Net Points of the Total Trades
• Have requested and completed the Liaison call to move to 6-10 Contracts
• Have traded live with 10-20 Contract trades for at least 50 trades with a specific performance for the last 20 trades of:
  • At Least 50% Win Ratio 
  • At Least 50% Net Points of the Total Trades 
• Must show expertise in more than one Futures Market
  • Must have traded the DOW Emini live with 2+ Contracts trades for at least 30 trades with a specific performance for the last 20 trades of:
  • At Least 50% Win Ratio 
  • At Least 50% Net Points of the Total Trades

Participant Requirement To Be Promoted to Black Cord 

• Must meet Group Participation Requirements:
  • Have attended at least 4 meetups in the last year
    Or
  • Participated as a guest in 3 (Additional) live trading sessions in the last two months.
• Participated as a guest in 11 live trading sessions in the last 6 months. 
• Complete the Instructor Interview with a committee:
  • 1 Master Trader or above
  • 1 Pro Trader or above
  • 1 Pro Trader Mentor 
• Completed at least 11 Liaison Apprentice tasks in the last 6 months.
• Completed at least 11 Mentor Apprentice tasks  in the last 6 months.
• Led at least 10 live trading sessions in the last 6 months
• Performed at least 20 career Go Live calls.