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Practice with a free Traders Launch paper trading demo before you buy.
This simulator replicates the trading conditions of the Traders Launch $100,000 Regular evaluation. Before spending money on a real challenge, practice here to verify your strategy meets the 6% profit target while respecting the 4% maximum drawdown limit and the 2% daily loss cap.
Traders Launch uses a trailing drawdown calculation. This means your maximum loss level moves up as your equity grows — once your account reaches a new high, the stop-out rises with it. Practicing this mechanic in the simulator helps you understand how trailing drawdown affects your risk management.
Commission structure: See: ninjatrader.com/.../commissions PDF
These rules are often overlooked by traders. Practice with them in mind to avoid surprises on your real challenge.