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Phase 1 objectives

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Written by Upcomers
Updated this week

For each account type, there are goals and requirements:

Thunderbolt Challenge:

Goals:

  • Reach a 9% profit on your account balance. All positions must be closed.

  • Maintain a 4% Daily Drawdown: Maximum daily loss within a 24-hour period.

  • Limit the Trailing drawdown to 6%

Requirements:

  • Minimum Trading Days with Profit Requirement: 2

    To count a trading day toward the Minimum Trading Days with Profit Requirement, the trader must reach the set daily profit target (1% of account balance) based on end-of-day closed equity. The balance at the end of the day must be higher than the previous day’s end-of-day balance. Profits from open trades during the day don’t count unless the trade is closed.

  • Maximum Evaluation Period: Unlimited

Ascended challenge:

Goals:

  • Reach 8% profit on your account balance. All positions must be closed.

  • Maintain a 5% Daily Drawdown: Maximum daily loss within a 24-hour period.

  • Limit the Maximum Loss to 10%: Maximum running equity loss.

Requirements:

  • Minimum Trading Days with Profit Requirement: 5

    To count a trading day toward the Minimum Trading Days with Profit Requirement, the trader must reach the set daily profit target (1% of account balance) based on end-of-day closed equity. The balance at the end of the day must be higher than the previous day’s end-of-day balance. Profits from open trades during the day don’t count unless the trade is closed.

  • Maximum Evaluation Period: Unlimited

Astral challenge:

Goals:

  • Reach 8% profit on your account balance. All positions must be closed.

  • Maintain a 5% Daily Drawdown: Maximum daily loss within a 24-hour period.

  • Limit the Maximum Loss to 8%: Maximum running equity loss.

Requirements:

  • Minimum Trading Days with Profit Requirement: 3

    To count a trading day toward the Minimum Trading Days with Profit Requirement, the trader must reach the set daily profit target (1% of account balance) based on end-of-day closed equity. The equity at the end of the day must be higher than the previous day’s end-of-day equity. Profits from open trades during the day don’t count unless the trade is closed.

  • Maximum Evaluation Period: Unlimited

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