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Phase 2 objectives

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Written by Upcomers
Updated this week

Phase 2 applies only to the Ascended and Astral challenge accounts and here are the goals and requirements:

Ascended:

  • Goals:

    • Reach 5% 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 Drawdown 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 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

Astral Account:

  • Goals:

    • Reach 5% 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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