What is the Profit Target?
Your profit target is 9% of your starting equity. You need to reach it on closed trades, without your equity reaching your loss limit.
Target equity = Starting equity + (Starting equity × 9%)
Profit on open trades doesn't count. Your equity needs to be above your target equity after you close your positions.
Examples and Calculations
Account size | Profit Target | Target Equity |
$10,000 | $900 | $10,900 |
$50,000 | $4,500 | $54,500 |
$75,000 | $6,750 | $81,750 |
$100,000 | $9,000 | $109,000 |
$150,000 | $13,500 | $163,500 |
Example: On a $10,000 account, your profit target is $900 ($10,000 × 9%). You need to reach $10,900 in equity on closed trades.
Frequently Asked Questions
My equity went above my target while a trade was open. Did I reach my profit target?
No. Only closed trades count. If you close the trade and your equity is still above your target equity, you've reached it.
I reached my profit target. Why haven't I passed?
You also need daily consistency below 50%. If your consistency is 50% or higher, keep trading to bring it down. See Rapid Elite Plan - Daily Consistency Rule.
Is there a time limit to reach my profit target?
No. Take as long as you need.