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Advanced Options Plan - Evaluation Rules Overview

The rules you need to follow to pass your Evaluation

T
Written by Tom

To pass your Evaluation, reach a 10% profit target over at least 4 trading days, keep your daily consistency below 30%, and never let your equity reach your loss limit.

Rule

Requirement

Learn more

Profit target

10% of your starting equity, on closed trades

Minimum trading days

4 days

Daily consistency

Your best day must be less than 30% of your total profit

Maximum drawdown

5% of your starting equity

Drawdown type

End of day: your loss limit moves up once a day, after market close

Trading permissions

Level 4 multi-leg strategies, including selling to open

Closing time

All positions closed by 3:59pm EST

Time limit

None

Daily loss limit

None


Nice to Know

No daily loss limit.

Many firms disable your account if you lose a set amount in one day. We don't. Only your loss limit applies.

No time limit.

Take as long as you need to pass. There's no deadline, so you can focus on trading well instead of trading fast.


Take Note Of

  • Profits can't be withdrawn during the Evaluation.

  • You need to keep paying the monthly fee while your Evaluation is active.

  • The goal is to qualify for a Performance Account, where you can request payouts.

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