Traders are prohibited from reaching 80% or more of their challenge target or profit in a funded account with a single trade or a combination of simultaneous trades on a single or multiple symbols.
During Challenge Phases:
In both Phase 1 and Phase 2 of the challenge phases, traders are not allowed to reach 80% or more of their profit target with a single trade or a group of open trades on a single or multiple symbols.
For example, in a $10,000 account with a profit target of $1,000, traders cannot earn more than 80% of this target ($800) with a single or multiple simultaneous trades on a single or multiple symbols.
If such activity is detected, it will be considered a violation of risk management rules and the profits from those trades will be removed. The purpose of this rule is to prevent traders from passing all phases through hedging or taking on excessive risks.
Repeating this rule is considered a "Soft Breach." If this violation is repeated three times, your account will be breached on the third violation and you will no longer be able to trade.
In Funded Accounts:
In funded accounts, the amount of profit requested for withdrawal should not have been earned 80% through one or more simultaneous trades. In this case, the trader must continue trading until this number falls below 80% of the total profit.
Example: In a $10,000 account, $1,000 profit has been generated, of which $800 has been generated by one or more simultaneous trades. In this case, the trader must continue trading. By earning an additional $100, the total profit reaches $1,100, and the simultaneous trade or trades account for less than 80%. Therefore, a withdrawal request can be submitted.
If this rule is violated in the challenge phases, the same simultaneous trade or trades that resulted in more than 80% profit will be removed, and the trader can continue trading. In the funded account, the trader will continue trading until the percentage is balanced by earning more profit.
Note: Simultaneous trades are not based on the opening time of the trades. For example, if you open a trade, and after an hour, with the first trade open, you open the second trade, these two trades are considered simultaneous. If you close the first trade and open the next trade, it will not be a simultaneous trade.