To pass your Evaluation, reach a 9% profit target on closed trades and keep your daily consistency below 50%, without your equity reaching your loss limit.
Rule | Requirement | Learn more |
Profit target | 9% of your starting equity, on closed trades | |
Daily consistency | Your best day must be less than 50% of your total profit | |
Minimum trading days | None (the consistency rule means at least 3 days) | |
Maximum drawdown | 3% of your starting equity | |
Drawdown type | End of day: your loss limit moves up once a day, after market close | |
Trading permissions | Long calls and long puts only | |
Closing time | All positions closed by 3:59pm EST | |
Time limit | None |
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Daily loss limit | None |
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Nice to Know
End-of-day drawdown.
Your loss limit only moves up after market close, so a high during the day doesn't raise it.
No time limit.
Take as long as you need to pass.
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Profits can't be withdrawn during the Evaluation.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.