No, YRM Prop challenges do not have hard deadlines or time limits for completion. You can take as long as you need to reach your profit target and fulfill the challenge requirements.
Key points about challenge timing:
No expiration date: Your challenge remains active until you either pass by reaching the profit target or fail by violating one of the trading rules (such as exceeding the maximum loss limit).
Minimum trading days: While there's no maximum time limit, you must trade on at least 2 separate calendar days to pass the challenge. This minimum requirement ensures you can demonstrate consistent trading rather than relying on a single day of performance.
Trading session restrictions: Although there's no overall time limit, remember that you must close all positions by 4:15 PM EST each day and cannot hold positions over weekends.
Challenge reset: If you fail a challenge, you can reset it immediately by paying the reset fee.
Post-passing activation: After successfully passing a challenge, you have 30 days to activate your Prime Account by paying the $99 activation fee. If you don't activate within this timeframe, you'll need to pass a new challenge.
This flexible approach allows you to trade at your own pace and develop your strategy properly without unnecessary time pressure, which we believe leads to better trading decisions and improved long-term performance.