To pass your Evaluation, reach a 9% profit target on closed trades without your equity reaching your loss limit. There's no consistency rule and no minimum number of trades, so you can pass in as little as one trade.
Rule | Requirement | Learn more |
Profit target | 9% of your starting equity, on closed trades | |
Minimum trades | None |
|
Consistency | None |
|
Maximum drawdown | 3% of your starting equity | |
Drawdown type | Intraday trailing: your loss limit rises in real time, including open trades | |
Trading permissions | Long calls and long puts only | |
Closing time | All positions closed by 3:59pm EST | |
Time limit | None |
|
Daily loss limit | None |
|
Nice to Know
Pass in as little as one trade.
You pass the moment you close a trade that takes your equity above your target equity, even on your first day.
No time limit.
If you'd rather take your time, you can. Take as many trades as you need.
No daily loss limit.
Only your loss limit applies.
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Profits can't be withdrawn during the Evaluation.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.