In any trading cycle, no single day’s profit may account for more than 30% of the total profits earned during that cycle. For example, if your total profit over a trading cycle is $10,000, no more than $3,000 can be made in a single trading day.
At DayTraders.com, we emphasize consistent and sustainable trading practices. To ensure this, we have implemented the 30% Consistency Rule for Pro Accounts. This rule restricts any single trading day’s profit from exceeding 30% of the total profit during a given trading cycle.
**Important Note: Evaluation accounts have a 50% consistency rule.
What Does This Mean?
Profit Cap Per Day: In any trading cycle, no single day’s profit may account for more than 30% of the total profits earned during that cycle. For example, if your total profit over a trading cycle is $10,000, no more than $3,000 can be made in a single trading day.
Definition of a Trading Cycle:
A trading cycle is defined as the time passed since your last payout request.
If you have not made a payout request yet, the trading cycle begins on your first trading day of the account.
Why This Rule Exists:
Promoting Consistency: The rule encourages traders to follow consistent and disciplined strategies rather than relying on a few high-risk trades that generate significant profits. This promotes long-term success and stable growth.
Risk Management: By capping single-day profits, we prevent traders from making erratic, high-risk trades that can lead to large gains or losses. Consistency over time is key to responsible trading.
What Happens If You Violate the 30% Consistency Rule?
Continue trading until the largest trading day is less than 30% of profits.
Monitoring Your Daily Profits:
Our platform provides real-time analytics to help you monitor your profits and ensure compliance with this rule. You can easily track your daily and total profits to avoid exceeding the 30% threshold.