1/19/2024 0 Comments Uprofit drawdown![]() You will then need to demonstrate through a new evaluation that you have the ability to properly operate within the required parameters. Static Drawdown: 2,000 Maximum number of contracts: 4 Contracts and/or 20 Micros. Account parameters: Account balance: 25,000. ![]() All the information on the rules for trading an Evaluation Program can be found here. If you violate any risk management rule, the account will be closed immediately. STATIC DRAWDOWN: the drawdown is 2,000 so it will always be at 23,000. What happens if I violate a risk management rule ⛔ ? The Drawdown will give Uprofit an overview of how you, as a trader, will manage wins and losses in order to reach (and maintain) targets assigned to the evaluation program you have chosen to trade. The Pro Drawdown only takes into account your profits at the end of the trading day and is updated when your account balance reaches a new high at the end of any trading day. If an objective is violated during a trading session, it does not disqualify a trader from funding and it will reset for the next trading session. We have set a daily loss limit for each account based on its size. Maximum number of Micro E-Mini contracts: Here is the path to follow to increase contracts: If you select too many contracts for your account size, you´ll be breaking the rules⛔. Hereyou can find all the information you need about the rules to operate a Live Account. Under 1 in drawdown and 17 contract to trade from day 1 in evaluation and funded account. All the information on the rules for trading an Evaluation Program can be found here Account parameters: Account balance: 25,000. Apex 150k Account - Best Drawdown per dollar in the funding industry right now. What are the rules STATIC DRAWDOWN: the drawdown is 2,000 so it will always be at 23,000. □ Please remember that we use your current account balance, including any open and closed intraday equity. STATIC DRAWDOWN: the drawdown is 2,000 so it will always be at 23.000. Apex 50k Account - Best overall value, lots of drawdown per dollar and great profit target to drawdown ratio. In order to increase your profitability while actively keeping your risk under control, you will gradually scale up □ the number of contracts you can operate. (Consider an operation as a completed trade, entry, and exit either in a purchase or a sale.)Ī trading week begins on Sunday at 6:00 PM ET and ends on Friday at 4:10 PM ET. Please note that the minimum volume is 1 trade per week. □️ Traders can operate products within CME, NYMEX, COMEX, and CBOT. ![]() □ Please keep in mind a ll trades must be closed by 4:10 PM ET. But remember, you need to stay within the limits of. ⏰ The market opens at 6:00 PM ET on Sundays and closes at 4:10 PM ET on Fridays, with a daily maintenance window from 4:10 PM ET to 6:00 PM ET. But UProfit updates this drawdown every day, so each day feels like a new start. Remember that you need to trade within the established trading hours. To trade a Live Account you need to take the following into account □ A trader executes 1 trade a day using the same position size for 100 consecutive days.
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