Trade Ideas  ·  Market replay · Oct 9, 2026

Trade Syndication · Market replay · Friday, Oct 9

How a trade pays: GBP/JPY on Friday, Oct 9

A step-by-step look at the allocation ladder, the trailing stop and the payout.

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: 1 trade, $30 in fees, $112.35 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: GBP/JPY buy

GBP/JPY replayed through the desk
GBP/JPY, 16:15–00:00 platform time. Dashed red: the desk’s stop. Bottom panel: the desk’s allocation and the earnings if closed.
You pay$30 (2 contracts)
Desk allocation5% → 100%
Price move+0.14% in your direction
Held8 hours
You earn$112.35 (3.7× the fee)
  1. You buy 2 contracts of GBP/JPY at 209.214 and pay the $30 fee. The desk backs it with 5% of your size, stop at 208.586.
  2. Price 209.265 — the trade is proving itself, so the desk steps up to 7% and lifts its stop to 209.151.
  3. Price 209.281 — the trade is proving itself, so the desk steps up to 75% and lifts its stop to 209.252.
  4. Price 209.294 — the trade is proving itself, so the desk steps up to 100% and lifts its stop to 209.280.
  5. Momentum slows: the desk banks part of its position and scales back to 80%.
  6. You close at 209.504. Your earnings: $112.35 — 3.7× the fee you paid.

If you understand this one trade, you understand Trade Syndication.

Take the next one with the desk behind you →

Every trade is funded

Take the next one with the desk behind you.

You trade; the Desk allocates its own capital behind your trade, small at first and more as the move proves itself. You keep 90% of what that capital makes. $15 a contract.