Trade Syndication · Market replay · Thursday, Nov 5

$90 in, $1,732.95 out: the S&P 500 trade of Thursday, Nov 5

One clean short move, the desk climbing from 10% to 100% behind it, and what it paid.

Each trade below is 2 contracts, entered after the move had already started and closed either as it faded or when the desk’s own stop took it out — not the perfect top or bottom. Every step comes from replaying real market prices, minute by minute, through the live Trade Syndication engine.

In total: 9 trades, $810 in fees, $8,769.21 in earnings.

How the desk trades with you

1. You open a trade and pay a flat fee per contract. That is the most it can cost you.
2. The desk backs your trade with its own capital — a small allocation at first, stepping up as the trade proves itself, protected by its own stop, which trails the move as it goes your way.
3. You are paid 90% of what the desk’s allocation makes. If it makes nothing, you are paid nothing.

Trade 1: S&P 500 sell

1. 14:30 You sell 2 Pro contracts of S&P 500 at 7,697.80 and pay the $90 fee. The desk backs it with 10% of your size, stop at 7,736.29.
2. 14:33 Price 7,695.80 — the trade is proving itself, so the desk steps up to 35% and lowers its stop to 7,709.30.
3. 14:35 Price 7,693.80 — the trade is proving itself, so the desk steps up to 85% and lowers its stop to 7,707.00.
4. 14:42 Price 7,691.90 — the trade is proving itself, so the desk steps up to 100% and lowers its stop to 7,705.10.
5. 15:18 The price pulls back toward the stop: the desk sells part of its position to keep its stop away from the price, down to 77% (-$12.05 banked by then).
6. 15:31 The move resumes: the desk buys back, up to 100%.
7. 17:31 The desk exits at 7,505.11 — profit trailing stop.
8. 18:15 You close at 7,464.00. Your earnings: $1,732.95 — 19.3× the fee you paid. $1,363.79 of it was banked by 6 partial sales.

Trade 2: Dow 30 sell

1. 16:15 You sell 2 Pro contracts of Dow 30 at 53,646.90 and pay the $90 fee. The desk backs it with 10% of your size, stop at 53,915.13.
2. 16:22 Price 53,636.50 — the trade is proving itself, so the desk steps up to 35% and lowers its stop to 53,800.72.
3. 16:37 Price 53,511.90 — the trade is proving itself, so the desk steps up to 83% and lowers its stop to 53,783.72.
4. 16:39 Price 53,464.12 — the trade is proving itself, so the desk steps up to 100% and lowers its stop to 53,761.62.
5. 17:31 The price pulls back toward the stop: the desk sells part of its position to keep its stop away from the price, down to 98% ($21.22 banked by then).
6. 17:32 The move resumes: the desk buys back, up to 100%.
7. 20:08 The desk exits at 51,698.72 — profit trailing stop.
8. 21:15 You close at 51,801.82. Your earnings: $1,517.08 — 16.9× the fee you paid. $1,199.53 of it was banked by 10 partial sales.

Trade 3: Nikkei 225 sell

1. 13:30 You sell 2 Pro contracts of Nikkei 225 at 61,229.00 and pay the $90 fee. The desk backs it with 10% of your size, stop at 61,535.15.
2. 14:06 Price 61,203.00 — the trade is proving itself, so the desk steps up to 35%.
3. 14:19 Price 61,171.00 — the trade is proving itself, so the desk steps up to 62%.
4. 14:28 Price 61,056.00 — the trade is proving itself, so the desk steps up to 100% and lowers its stop to 61,472.20.
5. 17:16 The price pulls back toward the stop: the desk sells part of its position to keep its stop away from the price, down to 56% ($395.43 banked by then).
6. 17:51 The move resumes: the desk buys back, up to 100%.
7. 20:10 The desk exits at 58,299.22 — profit trailing stop.
8. Nov 6 02:30 You close at 57,427.00. Your earnings: $1,134.67 — 12.6× the fee you paid. $1,031.57 of it was banked by 8 partial sales.

Trade 4: AUD/USD sell

1. 10:00 You sell 2 Pro contracts of AUD/USD at 0.70152 and pay the $90 fee. The desk backs it with 10% of your size, stop at 0.70503.
2. 10:02 Price 0.70114 — the trade is proving itself, so the desk steps up to 35% and lowers its stop to 0.70264.
3. 10:30 Price 0.70134 — the trade is proving itself, so the desk steps up to 76%.
4. 11:19 Price 0.70111 — the trade is proving itself, so the desk steps up to 100% and lowers its stop to 0.70255.
5. 21:42 The price pulls back toward the stop: the desk sells part of its position to keep its stop away from the price, down to 46% ($326.89 banked by then).
6. 21:49 The move resumes: the desk buys back, up to 100%.
7. Nov 6 06:07 You close at 0.68933. Your earnings: $1,067.82 — 11.9× the fee you paid. $643.10 of it was banked by 19 partial sales.

Trade 5: Crude oil buy

1. 08:00 You buy 2 Pro contracts of Crude oil at 86.72 and pay the $90 fee. The desk backs it with 10% of your size, stop at 86.29.
2. 09:13 Price 86.85 — the trade is proving itself, so the desk steps up to 34%.
3. 09:21 Price 87.07 — the trade is proving itself, so the desk steps up to 58% and lifts its stop to 86.37.
4. 09:25 Price 87.42 — the trade is proving itself, so the desk steps up to 100% and lifts its stop to 86.79.
5. 14:14 The price pulls back toward the stop: the desk sells part of its position to keep its stop away from the price, down to 57% ($333.38 banked by then).
6. 15:02 The desk exits at 88.51 — profit trailing stop.
7. Nov 6 06:00 You close at 90.76. Your earnings: $735.19 — 8.2× the fee you paid. $333.38 of it was banked by 1 partial sale.

Trade 6: Nasdaq 100 sell

1. 14:30 You sell 2 Pro contracts of Nasdaq 100 at 28,244.08 and pay the $90 fee. The desk backs it with 10% of your size, stop at 28,385.30.
2. 14:33 Price 28,226.43 — the trade is proving itself, so the desk steps up to 34% and lowers its stop to 28,320.11.
3. 16:03 Price 28,154.30 — the trade is proving itself, so the desk steps up to 12% and lowers its stop to 28,223.99.
4. 16:32 Price 27,953.30 — the trade is proving itself, so the desk steps up to 100% and lowers its stop to 27,999.64.
5. 16:39 The desk exits at 27,793.23 — profit trailing stop.
6. 18:15 You close at 27,045.89. Your earnings: $730.25 — 8.1× the fee you paid. -$81.57 of it was banked by 2 partial sales.

Trade 7: FTSE 100 sell

1. 11:00 You sell 2 Pro contracts of FTSE 100 at 10,919.90 and pay the $90 fee. The desk backs it with 10% of your size, stop at 10,974.50.
2. 11:30 Price 10,918.70 — the trade is proving itself, so the desk steps up to 35% and lowers its stop to 10,962.90.
3. 11:57 Price 10,911.70 — the trade is proving itself, so the desk steps up to 58% and lowers its stop to 10,960.70.
4. 12:04 Price 10,892.90 — the trade is proving itself, so the desk steps up to 100% and lowers its stop to 10,942.20.
5. 15:01 The price pulls back toward the stop: the desk sells part of its position to keep its stop away from the price, down to 84% (-$8.26 banked by then).
6. 16:11 The move resumes: the desk buys back, up to 100%.
7. 21:41 The desk exits at 10,746.07 — profit trailing stop.
8. Nov 6 03:00 You close at 10,689.30. Your earnings: $659.40 — 7.3× the fee you paid. $675.76 of it was banked by 12 partial sales.

Trade 8: Solana sell

1. 15:00 You sell 2 Pro contracts of Solana at 95.28 and pay the $90 fee. The desk backs it with 10% of your size, stop at 95.76.
2. 15:08 Price 95.34 — the trade is proving itself, so the desk steps up to 35%.
3. 16:14 Price 95.08 — the trade is proving itself, so the desk steps up to 85% and lowers its stop to 95.67.
4. 16:35 Price 95.00 — the trade is proving itself, so the desk steps up to 100% and lowers its stop to 95.65.
5. 17:16 The price pulls back toward the stop: the desk sells part of its position to keep its stop away from the price, down to 30% ($380.85 banked by then).
6. 17:17 The move resumes: the desk buys back, up to 100%.
7. 17:56 The desk exits at 90.23 — profit trailing stop.
8. 22:00 You close at 90.04. Your earnings: $626.33 — 7× the fee you paid. $504.86 of it was banked by 3 partial sales.

Trade 9: Bitcoin sell

1. 16:00 You sell 2 Pro contracts of Bitcoin at 79,660.06 and pay the $90 fee. The desk backs it with 10% of your size, stop at 80,058.36.
2. 16:01 Price 79,664.26 — the trade is proving itself, so the desk steps up to 35% and lowers its stop to 79,985.72.
3. 16:08 Price 79,555.04 — the trade is proving itself, so the desk steps up to 85% and lowers its stop to 79,932.64.
4. 16:12 Price 79,490.77 — the trade is proving itself, so the desk steps up to 100% and lowers its stop to 79,869.34.
5. 17:16 The price pulls back toward the stop: the desk sells part of its position to keep its stop away from the price, down to 72% ($125.33 banked by then).
6. 17:17 The move resumes: the desk buys back, up to 100%.
7. 21:15 The desk exits at 76,263.16 — profit trailing stop.
8. Nov 6 04:00 You close at 76,128.02. Your earnings: $565.52 — 6.3× the fee you paid. $568.23 of it was banked by 17 partial sales.

A flat fee, the desk’s capital, and 90% of what that capital makes — that is the whole model.

Take the next one with the desk behind you →

These are hypothetical trades: real market prices replayed through the live Trade Syndication engine. They illustrate how the desk allocates and pays; they are not the results of any client. Times are platform time. Past performance does not guarantee future results — a trade can lose, and earnings can be zero. Trade Syndication is not a traditional funded account or brokerage account; trading activity occurs in a simulated environment and is subject to platform terms and eligibility rules.