How does your consistency rule work?

Consistency rule for challenges
R
Written by Ronice
Updated 1 year ago

Our consistency rules are simple; during your evaluation period, there simply are no consistency rules. When trading on a live account, no single trade should account for over 25% of the profit earned. This is to help traders avoid making large impulsive or emotionally driven trades which could lead to large capital losses to the firm.

Example: 

It basically means that no one trade can account for more than 25% of the profit in your account on your withdrawal date. So if you made $10,000 and you had one trade that was $5,000 profit, that trade would be voided, and you would be paid the difference. 


To avoid this, instead of opening one 10-lot trade, for example, you could open two 5-lot trades that are opened 60 seconds apart. 

Breaching this rule does not mean you lose your account; it's just that specific trade would be removed. We do have flexibility on this rule, however.

So if $2500 = 25% and your one transaction hits $3000, we would still allow the trade to go through. 

Once you've been live with us for 90 days, we can remove the consistency rule from your account altogether. 

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