Prop trading module · lesson 4 of 5
Consistency and payout rules
Pass a challenge without a rule break: know your room to every limit before entry.
Step 1 · Rule
The consistency rule checks how your profit is built.
Your best day can't be more than 25% of total profit. Here it's 37.5% of $8 000.
The share and the method are an example. Your program may use another share and another base, so check your agreement.
Profit by dayscheme Step 2 · Payout
A day that's too good can block a payout.
The account survives and the payout waits: other days have to dilute the best one. You're $4 000 short.
best day$3 000its share37.5%allowed25%Step 3 · Work it out
How much profit is missing to get the share in line?
Example: five days are closed and the best one is over the allowed share. How much more profit do other days need to add?
- Allowed best-day share25%
- Profit over five days$8 000
- Best day$3 000
Practice on the chart
This one is a calculation task: pick an answer from the options and the lesson checks it by calculation.
Create an accountThis step unlocks after sign-up. Your progress is saved.Step 4 · Today
Before the trade, work out how much profit is safe today.
Past days made $6 000. You can take up to $2 000 today and keep the best-day share within 25%.
$6 000past days25%share75%the rest$2 000todayStep 5 · Work it out
How much can you take today?
Example: four even days are behind you and you're about to trade. How much profit can you take without breaking the share?
- Allowed best-day share25%
- Each of the four days$1 500
- Past days together$6 000
Practice on the chart
This one is a calculation task: pick an answer from the options and the lesson checks it by calculation.
Create an accountThis step unlocks after sign-up. Your progress is saved.Step 6 · Daily cap
There can also be a cap on a single day, set from the target.
With a cap of 40% of the target, a day over $3 200 won't count. Your best day is under it but still breaks the share.
Cap on a dayscheme Step 7 · Rule
Before you close a winning trade, check the best-day share.
to your checklist · manualI check the best-day share before closing a win
The item goes into your pre-entry checklist. The platform doesn't check it, so you do.
Lessons in this module
Take the lesson with practice
In the app, the lesson checks you on the chart, adds the rule to your Pact, and saves your progress.
Free. The Academy is part of the free plan.