Introducing Gelber Group’s theBreakout - a fully remote, discretionary, simulated Futures & FX trading competition! Traders are competing for cash prizes as well as the opportunity to be hired by one of Gelber's trading teams.
See below for more details!

OFFICIAL RULES

theBreakout 2024:
A Resounding Success!

We are thrilled to announce the successful conclusion of theBreakout 2024, our premier fully remote, discretionary trading competition held from September 9 to October 31, 2024. This event brought together 30 talented traders from over 10 states across the nation, including full-time independent traders and professionals from engineering, financial services, and other sectors who participated alongside their primary careers.

Throughout the eight-week competition, we evaluated participants not only on their profit and loss performance but also through a comprehensive analysis of various trading statistics, qualitative factors, and personality traits. Our team engaged with traders daily, providing mentorship, daily analytics, and encouraging the maintenance of detailed trading journals to foster growth and development.

We are proud to share that, following interviews with top candidates, two exceptional traders—Brock Holcombe from Pennsylvania and Kevin Bruss from Ohio—have joined our New York team. Notably, both Brock and Kevin managed full-time careers during the competition, demonstrating remarkable dedication and skill.

In addition to hiring 2 traders, we awarded cash prizes to the top 3 P&L performers:
- 1st Place ($20,000): Josh Powell from Maryland.
- 2nd Place ($10,000): Nick Klezek from Illinois.
- 3rd Place ($5,000): Brock Holcombe from Pennsylvania.

Looking ahead, we are excited to announce that theBreakout will return in 2025! We invite aspiring traders to stay tuned for updates by visiting our website in the summer. For the latest news and announcements, be sure to follow our X account: x.com/gelberbreakout. Thank you to all participants, and we look forward to discovering new talent in the upcoming year!

Competion Rankings

We would like to congratulate the following winners of our inaugural trading competition! They battled for 2 months against a very talented pool of traders!

1st Prize $20,000 - Joshua Powell of MD
2nd Prize $10,000 - Nick Klezek of IL
3rd Prize $5,000 - Brock Holcombe of PA
— theBreakout Trading Competition (@GelberBreakout) November 20, 2024

Really wonderful and professional experience. I really feel that it gives retail a very good glimpse into what Gelber and other firms do. Well done, Bravo to the Gelber team.

I can hardly believe that tomorrow will be the last day of the competition—time really flies! I want to extend my heartfelt thank you for organizing and executing this competition so flawlessly. The opportunity to assess my performance in ways I hadn’t considered before has been invaluable. I’ve taken a major step in evolving my trading style, moving from fixed 1-lot trading to dynamic lot trading, which I believe will significantly enhance my effectiveness.

Overall I'm very happy with the opportunity to participate in theBreakout, I learned a lot about how professional traders think and approach markets, as well as about my own trading and what I need to improve to get to the next level. Thanks a lot!

What is theBreakout?

Do you want to Breakout?

Are you a profitable trader who is obsessed with the challenge of navigating today’s complex financial markets? Would you like to compete for $35,000 in cash prizes AND a chance to work for a top proprietary trading firm? We’re looking for traders who want to BREAKOUT.

Do you have the Skills?

Gelber wants to see your trading SKILLS! Cash prizes will be awarded to the top P&L performers, but we are even more interested in your skills and trading approach. We will evaluate your trading over 8 weeks with a number of statistical and qualitative metrics, and select traders will be considered for employment on one of Gelber’s trading teams in Chicago, New York, or even remote.

Do you want to evolve as a trader?

You will receive valuable feedback and mentorship from professional veteran traders with decades of experience in generating 7-figure P&Ls. You will receive daily trading statistics to help you learn, grow, and refine your craft. All this, while trading on one of the world’s premier Futures & FX trading platforms.

3 Easy Steps to Apply to theBreakout

Step 1

Do you fit the criteria?

Step 2

Fill out our detailed application (stay tuned for 2025 dates)

Step 3

Please await further communication from us as we finalize our selection process. Once chosen, you will receive onboarding instructions.

The ideal candidate for theBreakout

1-2+ years of profitable experience in Futures & FX Markets.

U.S. Resident and 21+.

Ability to demonstrate a defined trading style.

A desire to advance your career by joining Gelber Group.

Availability is required in early September for training modules and availability for trading extends from September 9th to October 31st . The individual will need to communicate several times per week for check-ins, feedback, and maintaining a trading reflection journal.

If you are currently employed or trading full-time from home, we understand that you are focused on generating income. Showcase your trading prowess by replicating your best trades on our system and demonstrating your skills!

"Trading is about expressing your market views authentically, in your own unique way. It’s challenging and the fun is in the challenge."

This is the Trading Competition YOU have been waiting for. Compete for BIG money and potentially land your dream job as a Trader. You will gain invaluable mentorship. Spots are limited, so apply today!

Locations

FAQ

Do I qualify for theBreakout competition?

theBreakout is open to legal residents of the United States who are 21 years of age or older and have a minimum of 1-2 years of profitable trading experience.

What markets/products are eligible to trade?

Futures on CME and Spot FX. Examples:

Currency Futures - 6E, 6J, 6B, 6C, 6A, and others

Equity Index Futures - ES, NQ, YM, RTY, NKY, and others

Commodity Futures - CL, NG, GC, SI, HG, ZC, ZW, ZS, and others

Fixed Income Futures - SOFR, ZT, ZF, ZN/TY, ZB, UB and others

Crypto Futures - BTC & ETH

Spot FX - G7 currencies like EUR, JPY, GBP, AUD, CAD, CHF, and others

Spot FX - EM currencies like MXN, ZAR, CNH, and others

What is the required time commitment?

We welcome applicants of all trading styles and time frames, including those who trade while holding full-time jobs or during night hours. Applicants should be available in September and October. Communication will occur weekly or even daily via chats and emails.

How do I increase my chances of receiving a job offer?

We are currently seeking to hire Traders for positions in Chicago, New York, or as fully remote roles. Our evaluation process considers not only your trading statistics but also qualitative and personal traits. Even if you rank #9 in P&L after the two-month competition, demonstrating valued trader traits could make you an ideal candidate for us!

I trade single name stocks, options, and crypto alt coins – do I qualify?

This is a Futures and FX trading competition. If you don’t trade Futures or FX, this competition is not for you. Equity index futures and CME crypto futures are available to trade.

theBreakout 2024:
A Resounding Success!

Competion Rankings

Testimonials