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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 1-Phase 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 meet the Minimum Trading Days with Profit Requirement, a trading day will be counted only if the following conditions are met:

    • The sum of the trader's net profits (and losses) from closed trades during the day must be greater than 1% of the initial account balance (e.g. $1,000 on a $100,000 account),

    • Only closed trades are taken into account. Open trades that are not closed during the day do not count toward the net profit.

    • The daily profit is calculated as the total net PnL from all closed trades executed within that day.

  • Based on which time zone?

    • All days are calculated using the UTC timezone.

    • Each trading day starts and ends at 00:00 UTC.

    • If your trades are opened before midnight and closed after midnight (UTC), they count for the next day.

Ascended 2-Phase 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 meet the Minimum Trading Days with Profit Requirement, a trading day will be counted only if the following conditions are met:

      • The sum of the trader's net profits (and losses) from closed trades during the day must be greater than 1% of the initial account balance (e.g. $1,000 on a $100,000 account),

      • Only closed trades are taken into account. Open trades that are not closed during the day do not count toward the net profit.

      • The daily profit is calculated as the total net PnL from all closed trades executed within that day.

    • Based on which time zone?

      • All days are calculated using the UTC timezone.

      • Each trading day starts and ends at 00:00 UTC.

      • If your trades are opened before midnight and closed after midnight (UTC), they count for the next day.

  • Maximum Evaluation Period: Unlimited

Astral 3-Phase 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 meet the Minimum Trading Days with Profit Requirement, a trading day will be counted only if the following conditions are met:

      • The sum of the trader's net profits (and losses) from closed trades during the day must be greater than 1% of the initial account balance (e.g. $1,000 on a $100,000 account),

      • Only closed trades are taken into account. Open trades that are not closed during the day do not count toward the net profit.

      • The daily profit is calculated as the total net PnL from all closed trades executed within that day.

    • Based on which time zone?

      • All days are calculated using the UTC timezone.

      • Each trading day starts and ends at 00:00 UTC.

      • If your trades are opened before midnight and closed after midnight (UTC), they count for the next day.

  • Maximum Evaluation Period: Unlimited

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