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Two-Step Evaluation Structure

Written by Tory Niquet
Updated over a week ago

Phase 1

Phase 2

Profit Target

4% of base account balance

8% of base account balance

Daily Drawdown

5% of initial account balance (EOD)

5% of initial account balance (EOD)

Maximum Drawdown

8% trailing

8% trailing

Minimum Trading Days

2 trading days

2 trading days

Account Size

Fee

(2-Step)

Reset Fee

Daily Drawdown

(5%)

Max Loss(8%)

Phase 1 Target

(4%)

Phase 2 Target (8%)

$5,000

$79

$67.15

5%($250)

8% ($400)

4% ($200)

8% ($400)

$10,000

$139

$118.15

5%($500)

8% ($800)

4% ($400)

8% ($800)

$25,000

$289

$245.65

5% ($1,250)

8% ($2,000)

4% ($1,000)

8% ($2,000)

$50,000

$429

$364.65

5% ($2,500)

8% ($4,000)

4% ($2,000)

8% ($4,000)

$100,000

$729

$619.65

5% ($5,000)

8% ($8,000)

4% ($4,000)

8% ($8,000)

200,000

$1,399

$1,189.15

5% ($10,000)

8% ($16,000)

4% ($8,000)

8% ($16,000)

Key Notes

  • The maximum drawdown trails based on realized profits only.

  • Open unrealized profit does not move the trailing drawdown.

Each phase requires a minimum of two trading days before completion.

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