Criteria for the Challenge:
- One phase of 60 days
- Profit Target: 10%
- Min trading days: 10
- Max overall Drawdown: 12%
- Max daily Drawdown: 5%
- Not more than 30% of your total profits can be made within a single day.
Other factors to consider:
When assessing your trading past, our staff considers the following factors:
- Trade sizing that is consistent and suitable to market conditions.
- Positions are kept prior to and during big news events and/or market closes.
- Profit made in a single day. Profit from a single trading day should not surpass 30% of total profit.
- Lot amounts are exchanged based on money. Multiple variables will be considered, including the commodity sold, the time and date, as well as other market circumstances.
- Use of safeguards such as stop losses and take profits.