TERMS OF USE

General

WSDT (Herein: “The Company”) trains private traders to trade independently in financial assets, with the aim of creating monthly income as an independent endeavor, or in tandem with other livelihood sources. The Company also serves the goal of advancing, deepening, and widening the professional knowledge of traders and capital market players.

Visiting or using WSDT Internet website (the “site") means user agrees, to the terms below. The Company reserves the right to update the terms of use periodically, and without any notice, and the amended terms shall be binding from the moment they are published on the site. It will be clarified that the following conditions relate equally to both the individual person and an entity consist of more than one individual, and for males and females alike. If you do not agree to any of the terms of use, you are not authorized to use this site. It is hereby clarified that the Company, its managers, employers, stock owners, and any party acting on its behalf, who function in whatever capacity on the site, do not bear an advisor’s license and/or that of a portfolio manager according to any law, and do not attempt to advise any person regarding the worthiness of any buy or sell transaction or holding into an existing position – in any security or other financial asset. Therefore, any of the information appearing on the site, its notices, forums, figures, and any other material released on the site shall not be treated as any form of recommendation or professional opinion, and anyone making any form of decision based on the information appearing on the site is doing so on his sole responsibility. The user warrants that he knows that nothing on the site can serve as a substitute to advice that takes into consideration the special needs and personal requirements, and that trading financial assets may lead to losses. It is possible that the Company, its managers, and any other person acting on its behalf, may have a personal interest in any matter showing on the site, and it is possible that they hold a specific financial asset addressed on the site, the trading rooms, email services and any other service provided by the Company. The site and all its services and content are for educational purposes only and users are not allowed to be involved in any real trading. In no event shall the educational activities of the Company be deemed as an offer or purchase or sale or any security with the meaning of the U.S Securities Act of 1933.

Site Usage

The site is for personal usage alone, and one should not be used for any commercial purpose. In general, no payment is charged for using the site, but it may be that parts of the site may be accessible only for-pay.
Site content and intellectual property- the information published on the site and the respective way in which it has been formulated, are the exclusive property of the Company. Any information and/or material found and/or viewable on the site are exclusive Company property, whether published by the company or a site user or third party (without placing any -responsibility on the Company for the published material). It is forbidden to copy, publish, rewrite, or make any other use of any site information without explicit written advance permission from the Company.
All of the trading indicators appearing on the site are under the exclusive ownership of the Company or the licensed from their rightful owner. Any unauthorized use of the said trading indicators is absolutely forbidden, except if explicit authorization was received in advance in writing from the Company and /or the third party owner of the trading indicators. The site and the information appearing there are protected by copyright laws of international treaties and the copyright laws of other countries.
The Company reserves for itself the exclusive right to make changes to the site at all time, for any reason, without giving any advance notice and without creating any liability or financial obligation from its side.

Information usage and privacy protection

The user hereby gives his authorization for the Company to exercise computerized supervision of his service usage (including through “cookies” and similar means) and use any of the said information for the sake of monitoring and/or supervision and/or development and/or for the preservation of quality service, its respective level and acceptability and/or for the sake of the fulfillment of the ordinance of any law. Without detracting from anything stated above, the Company is authorized to:
A. Transmit the user details to a third party for the sake of collecting moneys (were they to be owed) by the user to the Company due to services rendered, as long as the third party committed itself to keeping confidential any information relayed to it regarding the user.
B. To transmit the user information to another or other parties in accordance with legal authority.
C. To make use of the user information and other information in the Company’s hands with regard to the user for the purposes of the Company. The user hereby gives the Company his authorization to make use of the user information for the sake of the receipt of updates and/or materials and/or advertising and/or marketing information through the means of his
email. An annulment of one’s agreement will be carried out through a written letter to the Company, and will be effectuated in regard to new publications, whose delivery is yet to be completed. The Company is authorized to use and collect the details transmitted by the user, for the Company database, for commercial purposes.
The Company will act according to its best ability to protect the user privacy on the site, and employs reasonable means to preserve the aforementioned information. Despite what has been said, the Company will be authorized to reveal information in its relationship with the user according to any applicable law and/or in connection with legal processes and/or for the sake of protecting the Company and anyone acting on its behalf.

Advertising and Links

The Company is not responsible in any shape or form for advertising content appearing on the site. The appearance of an ad on the Company site does not attest to the Company’s backing and/or their responsibility and/or their obligation to the content appearing in the advertisement, for the advertised product/service, its quality, veracity and/or precision. A link on the site directing one to another website that is not the site (“an external site”), does not attest to the Company being responsible and/or in control of the content and/or in control of the external site activity, and the Company will not bear any responsibilities in matters pertaining to external sites.

Using Forums, watching Classes, and Limiting Company’s Responsibility.

Site usage is done solely for educational purposes, for expanding general capital market information in general and the usage of the technical analysis methodology in particular. The site also serves as a field for exchanging ideas, making queries, and aiding in becoming acquainted with and using different trading instruments utilized in different countries and different trading methodologies, including courses for technical analysis and other courses, be they recorded and/or written. The user is authorized to reflect upon the information found on the site and respond reasonably in the forums, whether he is expert or not in the inner workings of capital markets; in tandem, the user is warned that the publication in the forum of a buy, hold, or sell in regard to securities and financial assets, may constitute “investing advice” by law, making it an illegal act when not properly licensed. According, the user is not permitted to conduct investing advice on the site.
The Company does not offer any protection, nor take upon itself any responsibility, nor express any opinion regarding the accuracy or precision of information, statements, content or details regarding the bodies appearing on the site, and all of the forum messages are under the full responsibility of the transmitter of the message. The user avows that he is aware that any reliance on his part on statements or other information presented on the site is made according to his exclusive discretion and responsibility.
The user hereby declares that he is well apprised that the information published in the forums is derived from third parties and therefore does not undergo a process of preliminary company approval, and as a result, the Company does not have within its abilities to fully supervise the content and information; it’s possible that within, there can be found mistakes, errors, false, deficiencies, imprecision, details that are lacking and material that could hurt the user and/or his sentiments. In light of the above, the user removes any responsibility from the Company regarding the content to which he is exposed and/or will be exposed in the context of his site usage. The user knows that in any case, the Company and/or anyone acting on its behalf, will not bear any responsibility regarding the information published on the site and/or any form of damage caused to the user, including computer damage and/or damage to a third party.
The user commits that he will use the company’s site and services in compliance with these user conditions and the precepts of any law, and that he will not use the Company services for the sake of carrying out an act or activity forbidden by law. The user commits to recompensing the Company and/or any party acting on its behalf immediately upon its first request, in light of any forbidden act or neglectfulness, including, but not limited to: A. the infiltration of materials and/or computer files unlawfully and/or the transmittal of a computer virus to other computers and/or the usage or obstruction of other computers. B. Any usage that may cause damage or the obstruction and/or the limitation of usage of services on the part of another and/or that may constitute a violation or infraction of the proprietary rights and other rights of others, and/or the delivery of electronic messages to users in a way that elicits complaints from the message recipient, or messages relayed, or in contravention of the accepted code of behavior on the internet. C. In the wake of any responsibility, claim, damage and/or loss (including legal expenses) deriving as a result of usage, inappropriate usage and/or wrongful usage, obstruction and/or a failure and/or any forbidden activity.
One must entirely avoid investment solicitation and/or solicitation on behalf of any commercial body and investment adviser. The Company reserves its right to change and/or correct and/or edit and/or remove and /or make any other such action in regard to any message and/or part thereof. The user releases the Company from any responsibility regarding the appearance of announcements in forums, or the respective non-appearance of an announcement due to the discretion of the Company, a mishap, and any other cause.
In the event that the user is asked on the part of the Company to disclose personal details, the said detail transmission will be exclusively given over to the free will of the user. Lack of transmission of details can limit the services that the user will receive from the site. It will be clarified that the transmittal of false details constitutes a violation of the law.
The Company reserves for itself the exclusive right to immediately cease the user’s site usage, at any moment, and this is in accordance with its exclusive discretion as to whether or not the user has made inappropriate and/or unreasonable use of the site and/or in contravention of the stipulations of the usage terms.

THE COMPANY DISCLAIMS ALL WARRANTIES, WHETHER EXPRESS OR IMPLIED, INCLUDING ANY IMPLIED WARRANTIES OF TITLE, NON-INFRINGEMENT, MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE WITH RESPECT TO THE SITE OR THE USAGE THEREOF: THE COMPANY SHALL NOT BE LIABLE FOR ANY INDIRECT, SPECIAL, PUNITIVE OR CONSEQUENTIAL DAMAGES, OR THE LOSS OF PROFITS REGARDLESS OF THE FORM OF ACTION, EVEN IF ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. EACH PARTY ACKNOWLEDGES THAT THIS LIMITATION REFLECTS AN INFORMED, VOLUNTARY ALLOCATION BETWEEN THE PARTIES OF THE RISKS (KNOWN AND UNKNOWN) THAT MAY EXIST IN CONNECTION WITH THIS AGREEMENT AND CONSTITUTES A SUBSTANTIAL PORTION OF THE CONSIDERATION EXCHANGED BETWEEN THE PARTIES WITH RESPECT TO THESE TERMS.

A Special Clarification for the Trading Room (known also as “Interactive Classroom” or “Chat Room”) – The interactive classroom (Herein: “interactive classroom”) constitutes part of the Company activity and is thus subject to all of the precepts aforementioned and that will heretofore be mentioned, even though it is not part of the site. The Interactive classroom is meant for educational purposes and self-expression alone, with the functional premise being that the classroom participant is a student in the Company’s courses or a course graduate whose intent is to enrich his knowledge. Anyone operating based on what is said in the classroom for actual trading purposes is acting in violation of the classroom objectives and the Company’s recommendations, and is doing so on his own responsibility. Though the assessment of the Company is that professional traders, who are able to on their own accord assess the risk and opportunity levels for market trading, can find professional interest in that which is done in the classroom, the Company warns each and every party not to use the classroom for the sake of actual trading purposes.

The Applicable Law and Judicial Jurisdiction

The Company wishes to clarify that no security within the meaning of the US Securities Act of 1933 is being, or will be, offered to a U.S. resident or citizen.
The site usage and usage terms are only subject to the law of Cyprus. Any allegation and/or demand and/or claim connected to these usage terms and/or site usage will be under the exclusive judicial authority of the authorized court in Limassol, Cyprus.
The WSDT

Competition Terms and Conditions

These Competition Terms and Conditions (“Competition T&Cs“) apply to each Competition conducted by us. For each Competition, the specifics of the Competition will be set out by the rules of the Competition that will be posted on the relevant webpage for each Competition (“Competition Rules“). If there is any conflict or inconsistency between the Competition T&C’s and the Competition Rules, the Competition Rules shall prevail.  By entering any Competition, you agree to be fully and unconditionally bound by these Competition T&Cs and the Competition Rules any amendments to them, and the decisions of WSDT, which are final and binding in all respects. 

We reserve the right to disqualify any Participant(s) from the Competition if, in its sole judgement, the Participant has not complied with these terms and conditions, has tampered with the operation of the Competition, or has engaged in any conduct that is detrimental or unfair to us, the Competition, or any other participant(s).

We reserve the right, in our sole discretion, to maintain the fairness of the competition, to cancel registrations (as the case may be) for any reason, including, but not limited to: multiple entries from the same user from different IP addresses; multiple entries from the same computer in excess of that allowed by Competition Rules; or the use of bots, macros, scripts, or other technical means for entering. Any attempt by a participant to deliberately damage any website or undermine the legitimate operation of the Competition may be a violation of criminal and civil laws. Should such an attempt be made, we fully reserve the right to seek damages to the fullest extent permitted by law and report to authorities as appropriate.

We accept no responsibility for any late, lost or misdirected entries due to technical disruptions, network congestion or for any other reason.

Prizes

The winner(s) (as applicable) of the Competition will receive the prize(s) as specified in the relevant Competition Rules. All prize details will be specified in the relevant Competition Rules and will be determined by us, as applicable, in our sole discretion. The prize(s) will be awarded if properly claimed. No cash redemption or transfer/assignment of the right to receive the prize is permitted, except in our sole discretion. We may, at our sole discretion, substitute any prize won with a prize equal or greater value.

The prize consists only of the item(s) expressly specified in the relevant Competition Rules and, unless stated otherwise in the Competition Rules, does not include any travel arrangements or expenses. All expenses or costs associated with the acceptance or use of the prize(s) or any component of the prize(s) are the responsibility of each winner. All prize(s) are awarded “as is” and without any warranty, except as required by law. In no event will more than the number of prizes stated in the relevant Competition Rules be awarded. In the event that a prize is not claimed, that prize shall remain our property. To the extent that any prize providers or Competition partners provide any additional benefits or prizes to any winner(s) which are not expressly provided for in the Competition Rules, we will have no liability in respect of such additional benefits and/or prizes. Any liability in respect of any such additional benefits or prizes shall be solely with the prize provider or specific Competition partner (as applicable).

Without limiting the foregoing, the Indemnified Parties shall have no liability in connection with:

  • any incorrect or inaccurate information, whether caused by our electronic or printing error, or by any of the equipment or programming associated with or utilized in the Competition;
  • technical failures of any kind, including, but not limited to malfunctions, interruptions, or disconnections in phone lines, internet connectivity or electronic transmission errors, or network hardware or software or failure of the Competition website (as applicable);
  • unauthorized human intervention in any part of the entry process or the Competition;
  • technical or human error which may occur in the administration of the Competition;

WSDT Fall Games 2021 rules

Every trader who qualifies for the competition receives access to a demo trading account with a trading balance of $240,000. During the competition period of six trading days, competitors will compete to achieve the highest balance.

Eliminations

The Trading Competitors will be eliminated if they are:

  • Trading on fewer than four active trading days out of the six.
  • Every participate will start with 240K account and will be eliminated only if he’ll get to a balance of 230K
  • Trading using patterns or behaviors that are deemed illegal, illegitimate, biased against other competitors, or otherwise violate the fair-play spirit of the competition.

Things you need to know

 

Eligibility: Legal residents of the following countries, 18 and over.

Kickoff: October 20,2021

Duration: Six trading days. First three – Wednesday (20/10) to Friday (22/10), weekend recess (23-24/10) and back Monday (25/10) to Wednesday (27/10). On the final day, the winners will be announced.

  • The World Series of Day Trading is larger than any trading competition in history.
  • Owing to the nature of the competition, the supporting advisers from our sponsors will not provide platform guidance or support during the WSDT period.
  • It is strongly advised to prepare, train, and familiarize oneself with the trading platform in the run-up of the WSDT.
  • WSDT is unable to provide technical guidance (excluding issues of technical glitches) to competitors during the Competition.
  • In case of technical inquiries competitors will be reverted to the relevant introduction material.
  • Competitors cannot restart the competition for any reason following the official launch.
  • Any updates or changes will be announced on one or more of the following outlets: WSDT website, Tradenet website, Tradenet’s Twitter, Instagram, and/or Facebook group.
  • Follow the competition’s registration guide below to secure a position on the starting grid.

Registration

  • Enrollment to the competition is limited, and the number of seats is limited. Make sure you register as soon as possible.
  • No late applications will be accepted, unless special circumstances arise.
  • During and after the registration process, the verification stage will begin. During that time, WSDT will attempt to contact all registered contenders.
  • All registrations will have to go through phone verification.
  • Make yourself available to answer our calls so we can verify your identity to enroll in the competition.
  • After we successfully verify your registration details over the phone, you will receive a formal WSDT enrollment confirmation email.

The following details will be required:

  • Full name
  • Email address
  • Valid phone number
  • Full address
  • Proof of identity (if required)
  • The minimum age for participation is 18
Each competitor can only apply once for the competition.

The confirmation email will contain:

  • A link to the demo platform to download
  • Demo account login access (The buying power in the demo account will be set to 0 until the beginning of the competition)
  • A unique competitor ID
  • Tips and tricks for the competition

WSDT fall Games 2021 NEW scoring system

  • Each competitor trades on his own demo account for the six trading days.
  • The final standings are based on the account value at the end of the competition.
  • The first 40 competitors are ranked by their account value and win their prizes accordingly
  • To the new scoring system video please Click here

Additional Terms and Conditions

  • Rankings will be computed according to the account balance on the demo account at the end of each trading day.
  • The competition’s starting and finishing times are identical for all participants. The registered competitor on WSDT records is the only one authorized to participate in the trading competition under the relevant demo trading account. The right to participate in the competition is non-transferable.

Using certain trading patterns that are deemed illegal and/or illegitimate by regulators will result in the disqualification of the participant during or after the competition (In such a case, the participant will receive a prior warning and will be asked to stop using the specific pattern; failure to comply with the request will result in disqualification).

Winners will be required to complete a short survey and provide a short video testimonial as per WSDT requirements to receive the prize.

The participant irrevocably permits WSDT to publish their names, place of residence, video and trading results, as well as live stats of their performance in the competition, without any remuneration, credit or any rights whatsoever to the participant.

 List of allowed countries

Not all countries are allowed to the WSDT competition.
Look through the list of eligible countries.

The registration deadline is April 14

The registration deadline is April 14

Not all countries are allowed to the WSDT competition. Look through the list of eligible countries.