Consistency Rule on Evaluation Accounts:
The EOD Evaluation Plan requires traders to demonstrate disciplined and steady performance during the evaluation phase. Consistency is measured using the following criteria:
Minimum Performance Requirement: Traders must achieve at least 50% consistency in their trading outcomes throughout the evaluation period.
Performance Metrics: Consistency is assessed based on adherence to profit targets, drawdown limits, and effective risk management practices.
Goal: The rule ensures that traders exhibit a reliable trading style that can transition smoothly into funded accounts.
Consistency Rule on Sim Funded Accounts
Once traders progress to the simulated funded phase, the consistency requirements are slightly adjusted to reflect their new responsibilities:
Consistency Threshold: Traders must maintain a minimum of 30% consistency across trades, calculated over the duration of their funding phase.
Risk Adherence: Strict observance of the daily loss limit (DLL) is required, ensuring no breaches of the 2.5% equity limit.
Benefits: This rule reinforces disciplined trading behaviors and helps predict long-term trader success in live environments.
• Evaluation Phase: 50% consistency required.
• Funded Phase: 30% consistency required.