TradeDay is a leading futures prop trading firm located in Chicago, designed to help traders develop their skills in a supportive, educational environment. Whether you’re a beginner or a seasoned trader, TradeDay offers a variety of resources to help you navigate the sometimes turbulent waters of the futures market. Founded by industry veterans Steve Miley and Tera Vicker, TradeDay is an ideal platform for individuals looking to make their mark in the world of futures trading.

But there’s more to it: TradeDay offers exclusive discounts, such as the “SHINY20” promo code, which gives you a 20% discount on their annual subscription. This discount is particularly useful for both beginner and experienced traders alike, providing a more affordable way to access premium resources and trading accounts.

What Can You Trade at TradeDay?

At TradeDay, traders can dive into various futures markets. The firm provides access to instruments such as:

• Equity Futures (S&P 500, NASDAQ)
• Foreign Exchange Futures (USD, EUR, and other major currencies)
• Agricultural Futures (corn, soybeans, wheat)
• Energy Futures (crude oil, natural gas)
• Metals Futures (gold, silver)

In addition to these, TradeDay also offers micro contracts and mini contracts, allowing traders to start small and scale up their investments over time.

Why SHINY20? Benefits of the Promo Code

By using the TradeDay discount code SHINY20, you unlock a significant 20% discount on your subscription, making it easier to access the tools, mentoring, and educational resources that will help you become a funded trader. This coupon code applies to the annual subscription and can help reduce your overall costs while still giving you full access to all the platform’s features.

This promo code isn’t just about saving money; it’s also a great way to ensure that you have the time and resources to meet your profit target, avoid maximum drawdowns, and stay within position limits.

Understanding the TradeDay Evaluation Challenge

The evaluation challenge at TradeDay is a vital part of the journey to becoming a funded trader. Unlike other platforms, TradeDay’s challenge is relatively simple: you only need to complete one stage. The challenge includes several key components:

• Profit Targets: Depending on your account size, profit targets range from $1,000 for a $10,000 account to $12,000 for a $250,000 account​.
• Maximum Drawdown: TradeDay imposes strict drawdown rules, with trailing drawdowns freezing at the starting balance after a trader has achieved some profits​.
• Trading Period: There’s no maximum time to complete the evaluation, giving you the flexibility to take your time.

The TradeDay free trial also allows you to familiarize yourself with the platform before committing to an account, making it a risk-free way to get started.

Trading Platforms and Tools

TradeDay offers access to several robust trading platforms, including NinjaTrader, Tradovate, TradingView, and Jigsaw Trading. These platforms provide traders with all the tools necessary to track market data, set profit targets, and manage trades in real-time.

With the SHINY20 promo code, you can access these platforms and tools at a discounted rate, maximizing your potential to become a funded trader while minimizing your costs. In addition, TradeDay encourages the use of algorithms and auto-trading bots, which are available on these platforms. This makes it easier to automate trades and reduce the risk of human error.

Mentoring and Educational Resources

At the heart of TradeDay’s offering is its focus on education. Whether you’re an experienced trader or just starting, TradeDay offers a range of educational resources. Their mentoring programs are designed to guide traders through every step of their trading journey.

You’ll have access to:

• Daily pre-open meetings
• Live streams
• Sessions on trading mentality
• Development programs led by industry experts like Steve Miley​.

These educational resources are an excellent way to enhance your skills, stay disciplined, and learn to mitigate risks. And with the SHINY20 coupon code, all these benefits become even more affordable.

Fees and Pricing at TradeDay

One of the key advantages of using TradeDay is its straightforward pricing model. Monthly subscription fees vary depending on your account size, ranging from $99 to $750 per month. However, the SHINY20 promo code will provide a 20% discount on the annual subscription, significantly reducing the overall cost​.

Here’s a breakdown of the costs for various account sizes:

• $10,000 account: $99 per month
• $50,000 account: $165 per month
• $100,000 account: $275 per month
• $250,000 account: $750 per month​

On top of that, TradeDay offers a 90/10 profit split, meaning you get to keep 100% of the first $10,000 you earn in profits, and 90% thereafter.

Risk Management and Position Limits

Managing risk is critical in futures trading, and TradeDay places a strong emphasis on ensuring traders stay within their position limits and avoid maximum drawdowns. The firm uses a simulated trading environment to help traders practice and develop their strategies without taking on too much risk. This also includes monitoring account balance closely to avoid any unexpected losses.

TradeDay’s risk management rules are designed to protect traders from excessive losses, and their educational programs teach traders how to stay disciplined.

Funded Trader Program and Multiple Accounts

Once you successfully pass the evaluation challenge, you can become a funded trader with live access to the markets. TradeDay provides an initial funded account with a balance that corresponds to the size you choose during the evaluation phase.

Funded traders can scale their account as they achieve more profit. For example, every $2,000 in profit increases the number of contracts you can trade​.

It’s important to note that TradeDay does not allow multiple accounts, so you’ll need to manage your risk carefully within one account​. But with the SHINY20 promo code, you’ll have everything you need to succeed without overspending.

Community and Support

Another standout feature of TradeDay is its vibrant trading community. As a member, you’ll have access to chat rooms, discussion forums, and peer-to-peer mentoring, which are invaluable resources for learning and staying connected to the latest trends in the market.

TradeDay also offers live market analysis, providing insights into daily market movements and helping traders make informed decisions. This strong community aspect creates a sense of support, so you’re never trading alone.

Credit Card Payments and Withdrawal Policies

TradeDay supports a variety of payment methods, including credit card payments, making it easy for traders to subscribe and maintain their accounts. Withdrawals are also straightforward, with no limits on withdrawal frequency and a minimum withdrawal threshold of $250​.

This ease of payment and withdrawal gives traders more control over their accounts and profits, allowing them to focus on what matters—trading.

TradeDay Review: Is It Worth It?

TradeDay is an excellent choice for anyone looking to step into the world of futures trading. The firm offers a wide range of benefits, including a one-stage evaluation process, no time limits, and the ability to keep 100% of your first $10,000 in profits​.

Moreover, with the SHINY20 discount code, you get a 20% reduction in costs, making it even more appealing. Whether you’re a novice looking to learn the ropes or an experienced trader seeking additional capital, TradeDay offers everything you need.

Conclusion: Your Path to Trading Success

TradeDay provides traders with a risk-managed environment, helping them avoid common pitfalls like excessive drawdowns and over-leveraging. With a 90/10 profit split, a focus on educational resources, and access to top-tier trading platforms, TradeDay is the go-to prop firm for aspiring traders.

By using the TradeDay promo code SHINY20, you’ll be able to save 20% on your annual subscription and gain access to all of TradeDay’s tools and resources. It’s a valuable opportunity for traders to refine their strategies, reach their profit targets, and make their trading journey as successful as possible.

So, what are you waiting for? Start your free trial, take advantage of the SHINY20 coupon, and embark on your journey to becoming a funded trader with TradeDay today!