Payout Eligibility
What rules must be followed and met to be eligible for a payout?
30% or lower Daily consistency
Minimum 4 trading days
Minimum payout amount $250
Buffer does not need to be achieved to request a payout
Frequently Asked Questions
After I request a payout does my consistency and minimum trading days reset?
After requesting a payout your daily consistency and minimum trading days will reset. This means if you request a payout while having 26% consistency and 5/4 trading days, after the payout is requested this will reset to 100% consistency and 0/4 trading days. Since the Advanced Plan uses daily metrics to calculate consistency and drawdown (if buffer has not been achieved yet) these metrics will reset to ensure future calculations are accurate based on your trading.
What is the consistency rule on the advanced options plan?
The Consistency Target measures a trader’s ability to make repeated profits while managing risk. To pass the Trading Combine, your best day (most significant winning day) must be no greater than 30% of your profit target.
How is daily consistency calculated in an Advanced Options plan?
Calculation: Best Trading Day/Total Profit = Consistency
100k Example: $2,000 ÷ $6,000 = 33%
My consistency is over 30%, will this disable my account?
No, having a consistency over 30% will not disable your account. Your consistency is calculated by taking Best Day Profit ÷ Overall Profit = Best Day % of Total Profit. As you continue to repeatedly make consistent profits day over day your consistency will lower.
If my consistency is over 30% how can I lower it?
You can lower your consistency by having more trading days with profits that are in line with your previous days profits. For example if you are making $1,000 a day for 3 days with an outlier day of $3,000 your total profits are now $7,000 ($1,000 + $1,000 +$1,000 + $3,000 = $6,000). Now we calculate this by taking your best day's profit ($3,000) divided by total profits ($6,000) which will give you a consistency of 50%. While this is over the 30% requirement three more trading days of $1,500 per day would bring your total profits to $10,500 making your consistency 28% ($3,000/$10,500) allowing you to request a payout