Drawdown Rules β 1 Step Standard Challenge
Maximum Trailing Drawdown:
This challenge includes a 6% trailing drawdown, which moves upward as the account equity increases but does not decrease. It is calculated from the highest point of the account balance. Breaching this limit will result in disqualification.Daily Drawdown Limit:
A 4% daily drawdown cap is enforced, based on the higher of the starting balance or equity at the beginning of the trading day. Exceeding this limit will terminate the challenge.
Profit Target
To successfully complete the challenge, traders must achieve a 10% profit target. This must be accomplished while adhering to all risk management and consistency rules.
Consistency Requirements
Evaluation Phase:
A 40% consistency requirement is in place. This ensures that traders demonstrate sustainable performance by distributing profits across multiple trades, rather than relying on a single high-risk or high-return position.Funded Account:
Upon funding, the consistency requirement is reduced to 30%.