Phase-2 Objectives
For Regular accounts:
Objectives:
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5% Profit Target - Closed profit in your trading account.
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5% Daily Drawdown - Maximum Floating or Closed loss from your starting Balance or Equity (Depending on which one is higher) of the day within 24 hours of Metatrader timezone.
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8% Maximum Drawdown – Maximum Running (floating) equity loss in the whole period.
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Minimum Trading Days: 1 - Trade at least 1 day during the period. Trading day counts when you close an open position during the 24 hours of ET time.
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Unlimited Trading Days - There is no time limit.
For Extended accounts:
Objectives:
-
5% Profit Target - Closed profit in your trading account.
-
5% Daily Drawdown - Maximum Floating or Closed loss from your starting Balance or Equity (Depending on which one is higher) of the day within 24 hours of Metatrader timezone.
-
10% Maximum Drawdown - Maximum Running (floating) equity loss in the whole period.
-
Minimum Trading Days: 5 - Trade at least 1 day during the period. Trading day counts when you close an open position during the 24 hours of ET time.
-
Unlimited Trading Days - There is no time limit.