Trading Royale Is the only rules based, skill-driven stock and options tournament designed to sharpen your trading skills, improve risk control, and harness the power of compounding to help you grow your account safely and efficiently. 01 The Tournament Levels the playing field, allowing beginners and pros to compete on equal terms where success depends on skill, discipline, and smart decisions, "NOT LUCK". 02 Virtual $500K + Live Data Real time market data combined with a $500K virtual account gives participants a true trading experience, with access to a wide range of stocks, options, crypto and options strategies, including favorites like Tesla, Apple, and Meta. 03 The Environment TRADE CHEETAH'S proprietary tournament environment tracks every portfolio and position variable precisely to ensure fairness, eliminate luck, and prevent cheating. Trade Cheetah makes this one-of-a-kind tournament possible, where discipline, integrity, and fairness set the standard. 04 Winners & Prizes Winners will be announced within one week of the contest’s end, with prizes awarded within 14 days. A valid ID matching the registered entry name is required to claim any prize. IMPORTANT: Participants must register with their legal name. NO PRIZE WILL BE AWARDED WITHOUT VALID PROOF OF IDENTIFICATION FROM THE PARTICIPANT’S COUNTRY OF ORIGIN.” 05

This contest is a rules-based stocks and options trading contest, designed to sharpen your trading skills, risk management, compounding prowess, and return efficiency. 01 Trading Royale Is designed to level the playing field, enabling beginners and professionals to compete on equal terms, where success hinges on skill, smart decision-making, and discipline— "NOT LUCK". 02 The Contest Enables participants to seamlessly trade a wide range of options, combo strategies (stocks and options), and stocks, including popular companies like Tesla, Apple, and Meta. 03 Virtual
$500K + LIVE DATA
TRADE CHEETAH'S proprietary tournament environment precisely monitor all portfolio and position variables to ensure fairness, prevent cheating, and identify winners. Learn more. 04 Environment Winners will be announced within one week after the contest concludes, with prizes awarded within 14 days of the end date. The winners will receive 100% of the entry fees, 50% going to the Cash Comp Winner & 50% going to the Margin Comp Winner. 05 Winners & Prizes

Duration: Trading Royale will feature three 3-month trading seasons per year, with a month break between seasons to allow participants to practice and explore participating partner platforms.
This season will run from January 16 to May 8, 2025. The first two weeks serve as a practice phase with live Q&A sessions and lessons, followed by the official competition from market open on January 30 to market close on May 8, 2025.
Account Value Each participant begins with a $500,000 virtual trading account. This virtual balance provides the freedom to trade stocks, crypto, and options across a broad range of strategies, while encouraging diversification, creativity, and disciplined risk management within a realistic trading environment. Available Strategies Participants can trade Stocks, ETFs, Protective Puts, Covered Calls, Collars, Long Calls, Long Puts, Cash-Secured Short Puts, Debit and Credit Spreads (Puts and Calls), Iron Condors, Butterflies, and select Cryptocurrencies (limited to Bitcoin, Ethereum, and Cardano) Risk Parameter 1 – Position Concentration Limit No single position may exceed 10% of the total portfolio value. For example, with an initial balance of $500,000, the maximum position size is $50,000. This limit dynamically adjusts as the portfolio’s value changes, ensuring balanced exposure and disciplined risk distribution throughout the contest. Skill - Stocks and Crypto There is no trade minimum, participants may buy, hold, or trade freely, subject only to Position Distribution and Same-Ticker Risk Profile Limits. Glossary Risk Parameter 2 – Same Ticker Concentration Limit Coming Soon... Luck - Minimum Delta Requirement
When opening an option position, the selected option must have an initial delta value of at least 0.10 to qualify for entry. Once the position is established, this minimum delta requirement no longer applies, allowing for any necessary adjustments regardless of subsequent delta changes. LEARN MORE Duration: Trading Royale will feature three 3-month trading seasons per year, with a month break between seasons to allow participants to practice and explore participating partner platforms.
This season will run from January 16 to May 8, 2025. The first two weeks serve as a practice phase with live Q&A sessions and lessons, followed by the official competition from market open on January 30 to market close on May 8, 2025.
Account Value Each participant begins with a $500,000 virtual trading account. This virtual balance provides the freedom to trade stocks, crypto, and options across a broad range of strategies, while encouraging diversification, creativity, and disciplined risk management within a realistic trading environment. Available Strategies Participants can trade Stocks, ETFs, Protective Puts, Covered Calls, Collars, Long Calls, Long Puts, Cash-Secured Short Puts, Debit and Credit Spreads (Puts and Calls), Iron Condors, Butterflies, and select Cryptocurrencies (limited to Bitcoin, Ethereum, and Cardano) Risk Parameter 1 – Position Concentration Limit No single position may exceed 10% of the total portfolio value. For example, with an initial balance of $500,000, the maximum position size is $50,000. This limit dynamically adjusts as the portfolio’s value changes, ensuring balanced exposure and disciplined risk distribution throughout the contest. Skill - Stocks and Crypto Participants may hold multiple positions in the same ticker, provided the total exposure per asset does not exceed 10% of the portfolio value. For example, with a $500,000 balance and a $50,000 limit, a participant could hold $20,000 in Tesla stock, plus $10,000 each in a covered call, collar, and long call while staying within the same ticker risk limit. Risk Parameter 3 – Options: Delta Exposure Limit For option trades, each position’s net delta exposure may not exceed 1% of the total portfolio value at the time of trade entry. With an initial $500,000 portfolio, this equals a $5,000 maximum delta exposure per position. This limit dynamically adjusts as the portfolio value fluctuates throughout the tournament. (learn more) Specific Ticker Requirement Each tournament season will include a set of designated tickers selected to align with that season’s educational objectives. Participants must place at least one trade per month using one or more of these tickers to remain eligible for ranking in that season. The official list of required tickers will be announced before each season begins and published here. Winning Criteria Winners are determined by the highest realized gains at the closing bell on the final day of the competition, with rankings based exclusively on total realized profit and loss within each tournament category: Stocks, Crypto, and Options, Stocks and Crypto. Share and Stay Connected Skill - Stocks, Crypto and Options Spread the love by sharing the contest with your friends and community. Every post helps grow the movement and inspire more traders to join. Follow Trade Cheetah on X.com. for live updates and highlights throughout the tournament.

Participants must complete at least 10 option trades per month and a minimum of 30 throughout the tournament to qualify. There is no trade minimum, participants may buy, hold, or trade freely, subject only to Position Distribution and Same-Ticker Risk Profile Limits. Risk Parameter 2 – Same Ticker Concentration Limit Luck - Minimum Delta Requirement
When opening an option position, the selected option must have an initial delta value of at least 0.10 to qualify for entry. Once the position is established, this minimum delta requirement no longer applies, allowing for any necessary adjustments regardless of subsequent delta changes. LEARN MORE Participants may hold multiple positions in the same ticker, provided the total exposure per asset does not exceed 10% of the portfolio value. For example, with a $500,000 balance and a $50,000 limit, a participant could hold $20,000 in Tesla stock, plus $10,000 each in a covered call, collar, and long call while staying within the same ticker risk limit. Risk Parameter 3 – Options: Delta Exposure Limit For option trades, each position’s net delta exposure may not exceed 1% of the total portfolio value at the time of trade entry. With an initial $500,000 portfolio, this equals a $5,000 maximum delta exposure per position. This limit dynamically adjusts as the portfolio value fluctuates throughout the tournament. (learn more) Specific Ticker Requirement Each tournament season will include a set of designated tickers selected to align with that season’s educational objectives. Participants must place at least one trade per month using one or more of these tickers to remain eligible for ranking in that season. The official list of required tickers will be announced before each season begins and published here. Winning Criteria Winners are determined by the highest realized gains at the closing bell on the final day of the competition, with rankings based exclusively on total realized profit and loss within each tournament category: Stocks, Crypto, and Options, Stocks and Crypto. Share and Stay Connected Skill - Stocks, Crypto and Options Spread the love by sharing the contest with your friends and community. Every post helps grow the movement and inspire more traders to join. Follow Trade Cheetah on X.com. for live updates and highlights throughout the tournament.

Participants must complete at least 10 option trades per month and a minimum of 30 throughout the tournament to qualify. Glossary Coming Soon...
3rd prize Signed Copy of The Options Playbook Get the best-selling book plus a two-Hour training Session with Brian Overby, expert trader, host of Options Guy TV, and author of The Options Playbook. 2nd Prize 1st Prize / / 10 Hours of Exclusive Tutoring Learn directly from the creators of each participating company with dedicated one-on-one sessions. $1,000 Trade Cheetah Store Voucher Spend your voucher on any products or services available in the Trade Cheetah store. All Expense Paid Trip For Two Let the new tools available to you do the work while you enjoy an all expense covered seven-day trip to the Bahamas 3rd prize Signed Copy of The Options Playbook Get the best-selling book plus a two-Hour training Session with Brian Overby, expert trader, host of Options Guy TV, and author of The Options Playbook. 2nd Prize 1st Prize / / 10 Hours of Exclusive Tutoring Learn directly from the creators of each participating company with dedicated one-on-one sessions. $1,000 Trade Cheetah Store Voucher Spend your voucher on any products or services available in the Trade Cheetah store. All Expense Paid Trip For Two Let the new tools available to you do the work while you enjoy an all expense covered seven-day trip to the Bahamas Contest RULES