These Trading Guidelines govern all trading activity in your Beymann Capital Plan Level 2 account and are incorporated by reference into the Beymann Capital Plan Level 2 Account Agreement (the "Agreement"). Capitalized terms not defined here have the meanings set forth in the Agreement.
Beymann Capital may modify these Trading Guidelines at any time, with or without notice. You are responsible for staying current on the rules in effect.
| Starting Balance | $50,000 |
| Starting Minimum Balance | $48,000 |
| Maximum Minimum Balance (locked at) | $50,000 |
| Maximum Reward Balance | $25,000 |
Your account starts with a Minimum Balance of $48,000. If your live account balance ever falls to or below this Minimum Balance at any time, including intraday, your Level 2 account will be permanently closed immediately. It does not wait for the end of the trading day. A closed Level 2 account cannot be reset, reactivated, or traded again. To return to trading, you must start over from Level 1.
The Minimum Balance trails upward as you make profit, but never moves down on losing days. Once it reaches $50,000, it locks there permanently.
| Day | End-of-Day Balance | Daily P&L | Minimum Balance |
|---|---|---|---|
| Start | $50,000 | n/a | $48,000 |
| Day 1 | $50,800 | +$800 | $48,800 |
| Day 2 | $50,300 | −$500 | $48,800 |
| Day 3 | $51,500 | +$1,200 | $50,000 |
| Day 4 | $53,000 | +$1,500 | $50,000 |
| Day 5 | $49,500 | −$3,500 | $50,000 |
On Day 5, the live balance fell to the locked Minimum Balance ($50,000). The account is closed the moment the live balance reaches or falls below that level intraday, so the breach triggers as soon as $50,000 is touched, well before the $49,500 close shown above is recorded.
Your Minimum Balance is recalculated at the end of each trading day based on that day's end-of-day balance. The breach itself, however, is monitored in real time against your live balance: your account is permanently closed the instant your live account balance reaches or falls below your current Minimum Balance at any point during the trading day, not only at the close.
Trading is permitted Monday through Friday, from 6:30 AM PT to 12:59 PM PT (9:30 AM to 3:59 PM ET).
All open positions must be closed by 1:00 PM PT or before market close, whichever comes first. Approximately ten seconds before 1:00 PM PT, any open positions will be automatically flattened and pending orders canceled.
Holiday hours follow the CME schedule and are posted on the Beymann Capital website. Trading outside Permitted Trading Hours is prohibited.
The following instrument is currently permitted for trading in the Level 2 account:
Trading any instrument not on this list is prohibited and may result in trade removal, day deletion, or account closure.
The maximum number of contracts you may hold in a single position depends on your current account balance. As your balance grows, your permitted position size increases according to the following tiers:
| Account Balance | Maximum Contracts |
|---|---|
| Below $55,000 | 20 |
| $55,000 - $60,000 | 30 |
| $60,000 - $65,000 | 40 |
| $65,000 and above | 50 |
Holding more than the maximum number of contracts permitted for your balance tier is prohibited and may result in trade removal, day deletion, or account closure.
Research Analysts receive 80% of virtual profits. Beymann Capital retains the remaining 20%.
If you achieve $2,000 in virtual profits and request a payout of 50% ($1,000), your virtual profit balance is reduced by $1,000 and you receive $800 in U.S. dollars.
To request a Payout, both of the following must be true:
A Benchmark Trading Day (also called a "green day") is any trading day on which you actively trade and finish with at least $150 in Trading Profits at market close.
The Consistency Rule exists so that your results come from steady, repeatable trading rather than one exceptional day. If your best day exceeds 50% of your total, the request will be denied. You may keep trading: the ratio is recalculated as your other profits grow, and once your best day falls at or below 50% of the total you may resubmit.
Your total Trading Profits are $2,000 and your best single day produced $1,500 in profit. Because $1,500 is 75% of $2,000, you are not yet eligible. If you continue trading and your total profits grow to $3,200 (with your best day still at $1,500), the ratio falls to roughly 47% and a Payout request becomes eligible, subject to the other requirements in this section.
If your Level 2 account is closed due to a violation of these Trading Guidelines, or if you do not trade for a period of 30 consecutive days, a Payout will only be issued if all conditions in this section have been met at the time of closure.
Your Reward Balance is capped at $25,000. Any Trading Profits beyond this cap are disregarded and not credited to future Reward Balance calculations.
You graduate from the Level 2 program upon the earlier of:
Upon graduation, you will:
In connection with Level 2 account trading, you are prohibited from engaging in the following activities (collectively, "Prohibited Activities"):
If Beymann Capital determines that you have engaged in any Prohibited Activity, Beymann Capital may, at its sole discretion:
Excessive or unrealistic single-day trades or single-trade profits are subject to review for possible violations.
Beymann Capital follows CME protocol for trading on holidays. Beymann Capital will attempt to notify Research Analysts of holiday trading hours in advance via email. If you have unsubscribed from email communications, you may not receive these notifications. We encourage all Research Analysts to maintain an active email subscription.
Beymann Capital reserves the right to liquidate your position(s) at any time, for any reason or no reason, and may disable the Level 2 account immediately, permanently, or temporarily, without notice.
You are not eligible to receive or maintain a Level 2 account if you:
If you are found ineligible after enrollment, you will not receive a refund on any Beymann Capital Plan fees paid.
Compliance with these Trading Guidelines is determined solely by Beymann Capital based on review of Level 2 account activity. The Trading Reports and metrics displayed in the Client Portal or Trading Platform are informational only and do not constitute the official record of compliance.