Glossary

What is Evaluation phase

One stage of a prop evaluation with its own profit target and deadline: a second usually follows the first, with a smaller target and the same limits.

How it works

Example

A $100,000 account. Phase 1: an 8% target, or $8,000. Phase 2: a 5% target, or $5,000, counted from zero off the same starting balance. Together you need to earn $13,000.

Common mistake

Treating phase 2 as a formality and raising risk: the limits are the same and phase 1 progress does not carry over.

Read next

Frequently asked questions

Where can I learn Evaluation phase step by step?
In the Trading OS Academy: “Daily stop”.
What is Evaluation phase related to?
Prop evaluation; Profit target (prop); Minimum trading days; Max loss limit (prop).

Plan versus outcome — for every trade

The Trading OS journal keeps the planned RR and the actual R of each trade side by side and computes expectancy from real results.

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