PURPLE CORD
Title: Pro Trader Mentor

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

Basic Requirements To Trade at Purple Cord Level 

• Member with more than 12 Months as Live Trader
• Completed the Academy to the Purple Cord Level
• Completed the Purple Cord Lessons, Projects, Test,  Survey, & Promotion Request.
• Completed at Least 500 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 5-6 Contracts
• Have traded live with 5-6 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 
• Complete Phases1 of Opening Bell Sequence and achieve the following performance:
  • Total Trades Live – 30
    • More than 45% Wins, Positive in points
  • Total Playback Trades – 100
    • More than 45% Wins, Positive in points
• Complete Phases 2 of Opening Bell Sequence and achieve the following performance:
  • Total Trades Live – 30
    • More than 45% Wins, Positive in points
  • Total Playback Trades – 100
    • More than 45% Wins, Positive in points
• Complete Phases 3 of Opening Bell Sequence and achieve the following performance:
  • Total Trades Live – 30
    • More than 45% Wins, Positive in points
  • Total Playback Trades – 100
    • More than 45% Wins, Positive in points

Participant Requirements To Be Promoted to Purple Cord Participant (Active Mentor) 

• Discuss Each of the Opening Bell Phases in the Promotions Sessions.
• Discuss Each of the Opening Bell Phases in the Opening Bell Sessions.
• 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.
• Must have participated as a guest in 6 live trading sessions within the last 3 months. 
• Must Complete the Mentor Test.
• Must have completed at least 11 Liaison Apprentice tasks under the supervision of a Pro Trader Mentor above.
• Must have performed at least 2 career Go Live calls  under the supervision of a Pro Trader Mentor above.