Let's say a trader begins the day with an account balance of $10,000. According to the firm's risk management rules, the maximum daily loss limit is set at 3% of the account balance, which amounts to $300.Throughout the trading day, the trader experiences a series of losses, resulting in their account balance decreasing steadily. By midday, their account balance reaches $9,750, indicating that they are nearing their maximum daily loss limit.At this point, the trader must exercise caution and consider their risk exposure carefully. If they continue trading and their losses accumulate further, they risk breaching the maximum loss limit, which could lead to disciplinary action or restrictions imposed by the firm.To adhere to the risk management rule, the trader decides to scale back their trading activity, reduce position sizes, or even halt trading altogether for the remainder of the day to prevent their account balance from falling below the specified limit.

In our prop trading firm, we implement a crucial principle known as the 30% consistency rule. This rule applies to both Evaluation & Verification Stages and emphasizes the significance of maintaining a consistent success rate in trading decisions.


0ver the course of your examination, no single trading day can account for 30% or more of your total PnL. This rule is designed to instill discipline and diligence in our traders, ensuring that they make well-calculated decisions rather than relying on sporadic wins. ​

For Example:If your profit target is $3,000, it is a good idea to keep 30% of that as a benchmark number in your head. 30% of $3,000 is $900. If you profit more than $900 in a single day, this ends your evaluation and you fail the process.

By adhering to the 30% consistency rule, traders not only enhance their risk management skills but also contribute to a more sustainable and reliable trading approach. This principle serves as a benchmark for evaluating the effectiveness and reliability of trading strategies, fostering a culture of continuous improvement and long-term success within our prop trading community.

What Happens if my Best Trading Day is Over 30%?​While achieving a remarkable trading performance is commendable, exceeding this limit triggers an automatic failure within our evaluation framework. This stringent rule is in place to ensure that traders maintain consistency and avoid relying on outlier, high-risk trades that may not be sustainable in the long run. This policy promotes disciplined trading strategies and discourages the pursuit of overly aggressive tactics that could jeopardize overall portfolio stability.​

Just Stick to The Requirements and You Will Get Funded!

Having a stop loss is crucial in trading, particularly when dealing with significant amounts of money. It serves as a vital risk management tool, helping traders limit potential losses and protect their capital. Without a stop loss, traders expose themselves to the possibility of significant financial harm in the event of adverse market movements.

For example, let's say a trader decides to invest a substantial amount of money in a particular stock. Without a stop loss in place, if the stock price unexpectedly plummets due to adverse news or market conditions, the trader could suffer substantial losses, potentially wiping out a significant portion of their investment.

By using a stop loss, the trader can predetermine the maximum amount they are willing to lose on a trade. This allows them to exit the position automatically if the price moves against them beyond a certain threshold. Essentially, a stop loss acts as a safety net, preventing emotions from clouding judgment and helping traders stick to their predetermined risk management strategy.

"Failing to utilize a stop loss not only jeopardizes individual trades but also undermines the overall integrity of risk management within trading. At our firm, the absence of a stop loss order constitutes a serious breach of risk management protocols. Automatic disqualification follows, as it reflects a disregard for prudent risk mitigation strategies. Traders must understand that neglecting to implement stop losses not only puts their own capital at risk but also compromises the stability and trustworthiness of the trading environment."

At our trading firm, we enforce strict guidelines to promote active and disciplined trading practices. This includes prohibiting the holding of positions, engaging in swing trading, or carrying weekend positions. For instance, traders are required to close all positions by the end of each trading day to ensure active management of their portfolios and avoid unnecessary overnight risks."
swing trading, or carrying weekend positions. Failure to close positions by the end of each trading day results in automatic disqualification, as it demonstrates a lack of adherence to our risk

Certain limitations are in place to ensure fair and disciplined trading practices. While high-frequency trading (HFT), Expert Advisors (EAs), Martingale, grid trading, and tick trading are permitted strategies, copy trading and hedging are strictly prohibited. For example, a trader utilizing an EA or engaging in HFT strategies may do so within the established guidelines. However, if a trader is found to be copy trading or hedging, they will face automatic disqualification from trading privileges. These rules are in place to uphold the integrity of our trading environment and promote individual skill and accountability among traders.

Trading the news can be a lucrative strategy, but it comes with inherent risks due to market volatility and unpredictable reactions. Therefore, traders must approach news trading with caution and adhere to strict risk management practices. While news events present opportunities for profit, they also carry the potential for significant losses if not managed properly. By exercising caution, conducting thorough research, and implementing effective risk management strategies, traders can capitalize on news-driven market movements while minimizing potential downside risks.

During the assessment period,
traders are provided with a window of opportunity ranging from 15 to 30 days. This designated timeframe is crucial as it allows for a thorough evaluation of the trader's skills and strategies while also preparing them adequately for potential funded trading opportunities.

For instance, let's consider a trader who begins their assessment period. Within this timeframe, they are expected to showcase their trading abilities, risk management skills, and adherence to the firm's guidelines. Whether they employ high-frequency trading strategies, day trading techniques, or other methodologies, the assessment period offers them the chance to demonstrate their capabilities.

However, it's essential to abide by the allocated time frame. Failure to complete the assessment within the specified period results in automatic disqualification from further evaluation processes. This strict adherence to the timeframe ensures fairness and efficiency in the assessment process, providing traders with a clear understanding of expectations and encouraging them to demonstrate their proficiency within the given timeframe.