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Beginner Account
Updated over 4 months ago

The Beginner Evaluation is a comprehensive option for traders looking to enhance their skills with greater flexibility and nuanced features. This plan is tailored to provide a clear profit target of 6% relative to your starting balance while managing risk with specific guidelines. With an End-of-Day (EOD) daily loss limit of 2.4% and a trailing maximum drawdown limit, you have a structured framework to safeguard your capital and maintain disciplined trading. Explore the details below to understand how the Beginner Evaluation can support your growth and trading success.


Profit Target

  • 6% | The account balance must reach 8% profit relative to starting account balance.

Daily Loss Limit

  • 2.4% | Current balance must not reach -2.4% of the starting day balance.

EOD (End of Day) Trailing Max. Drawdown Limit

Current account balance must not reach -3.5% of -5% of the initial account balance relative to yesterday's EOD balance.

When your balance at the end of day reaches 3.5% + $100 (5% + $100 for the 50k), your EOD drawdown will be locked at initial balance + 100$ and will not trail anymore.

Account Size

EOD (End of Day) Trailing Max. Drawdown Limit

Max. Number of Positions

50,000

5%

3 contracts

100,000

3.5%

6 contracts

150,000

3.5%

9 contracts

Drawdown Type

End-of-Day (EOD) Trailing | is the calculation of the maximum drawdown based on the account balance at the end of each trading day. Unlike traditional drawdown calculations that may allow for retracements back to previous highs, EOD trailing locks in the maximum drawdown based on the balance at the close of each day, ensuring that once a drawdown level is reached, it does not retrace. This method provides a more conservative measure of risk by protecting against any potential rebounds or recoveries in the balance after a drawdown.

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