The rule applies to all phases of challenges and funded accounts on all account types, this rule implementation can demonstrate traders’ ability to manage risk effectively and achieve consistent success.
Calculation: [Best Day Profit] ÷ [Overall Profit] = [Best Day % of Total Profit]
Why this Rule?
Long term profitable trader have similar traits: They privilege a steady profit growth, apply a strict risk management and avoid emotional trading.
Example: For a $25,000 account with a Phase 2 profit target of $1250 (5%), no single day’s profit should exceed $625 (50% of the target) to stay within the consistency score. If you achieve a $1250 total profit but make $1,250 in a single day, it is not a breach of account, however, you are required to continue trading until the consistency score of 50% is met. Success requires devising a strategy that prevents exceeding a $625 daily profit.
There is no Consistency Rule in Challenge phases in Non-Consistency plans.
For Consistency plans, on a Simulated Funded Account, you simply continue to trade until the point your best day profit is at or below 45% of the overall profits to be eligible for a payout request.
Consistency Plan: Recommended Best Day Profits by Account Size (Evaluations)
To maintain consistency, set a daily profit target below the 50% threshold, ensuring steady and reliable profit growth.
For the Instant Funding plan (Standard and Pro), traders at Funded Trader Markets need to abide by the 20% Consistency Rule.