Trade Syndication · Market replay · Monday, Nov 2
Monday, Nov 2 replayed: how the desk would have traded GBP/JPY
Real prices, realistic entries, and every allocation step — 1 trade, $328.26 in earnings.
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, $50 in fees, $328.26 in earnings.
How the desk trades with you
- You open a trade and pay a flat fee per contract. That is the most it can cost you.
- 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.
- You are paid 90% of what the desk’s allocation makes. If it makes nothing, you are paid nothing.
Trade 1: GBP/JPY buy

| You pay | $50 (2 Plus contracts) |
|---|---|
| Desk allocation | 8% → 100% |
| Price move | +0.29% in your direction |
| Held | 15 hours |
| You earn | $328.26 (6.6× the fee) |
- You buy 2 Plus contracts of GBP/JPY at 211.071 and pay the $50 fee. The desk backs it with 8% of your size, stop at 210.227.
- Price 211.101 — the trade is proving itself, so the desk steps up to 32% and lifts its stop to 210.800.
- Price 211.278 — the trade is proving itself, so the desk steps up to 65% and lifts its stop to 210.973.
- Price 211.383 — the trade is proving itself, so the desk steps up to 100% and lifts its stop to 211.064.
- The price pulls back toward the stop: the desk sells part of its position to keep its stop away from the price, down to 5% ($316.38 banked by then).
- The move resumes: the desk buys back, up to 6%.
- The desk’s exit takes it out and you close with it at 211.676. Your earnings: $328.26 — 6.6× the fee you paid. $318.90 of it was banked by 11 partial sales.
We publish a replay like this most trading days. The setups change; the way the desk backs a trade does not.
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.

