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: There is no minimum trading days limit, you can meet the profit threshold in the first day
Maximum Evaluation Period: Unlimited
Astral Account:
Goals:
Reach 6% profit on your account balance. All positions must be closed.
Maintain a 6% Daily Drawdown: Maximum daily loss within a 24-hour period.
Limit the Maximum Loss to 8%: Maximum running equity loss.
Requirements:
Minimum Trading Days: There is no minimum trading days limit, you can meet the profit threshold in the first day
Maximum Evaluation Period: Unlimited