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Is There A Rule Regarding Consistency For 2-Step Prime Accounts?

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Written by Support
Updated today

For 2-Step Prime accounts, there's a consistency rule that applies only to the Challenge Phase.

Why this Rule?
Funded Trader Markets' Consistency Rule promotes steady profit growth and helps traders avoid emotional trading.

Important Details About the Consistency Rule For Evaluation Accounts
In the Challenge Phase; you should not make more than 30% (i.e. less than a third) of the profit target in one day.

In the Simulated Funded Phase; there is no consistency rule requirement.

If a single day's profit is more than 30% of your profit target in the Challenge Phase, you have to continue trading until there isn't a day with more than the above said maximums.

When is the Consistency Rule Required?
For 2-Step Prime (Beta) accounts, it applies only to the Challenge Phase

Calculation
[Best Day % of Total Profit] = [Best Day Profit] ÷ [Overall Profit] * 100
Best Day Profit means the highest single day profit
Single Day's Profit = Balance at 5pm EST Today - Balance at 5pm EST Yesterday

Example (Challenge Phase)
For a $100,000 account with a Phase 1 profit target of $6,000 (6%), no single day’s profit should exceed $1,800 (30% of the target) to stay within the consistency rule.

If you achieve a $6,000 total profit but make more than $1,800 in a single day, you are required to continue trading until the best day profit is less than 30% of the total profit.

Success requires devising a strategy that prevents exceeding a $1,800 daily profit.

By adhering to these guidelines, traders can foster a disciplined and sustainable trading approach, crucial for long-term success.

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