For maximum success and compliance throughout your trading journey, please pay attention to the following important instructions and restrictions for the Black account:

1. Daily Drawdown Limit
   You are allowed to lose up to 5% of your account balance per day. This means that on any given day, your losses should not exceed this percentage. The daily drawdown limit is determined based on the account balance at the end of the previous day (broker's zero hour).
2. Maximum Drawdown
   The maximum overall allowed loss is 10% of your initial account balance. Your account balance/equity should never drop below 90% of the initial amount during your trading journey.
3. Profit Target
   • Phase One: Achieve a profit target of 10%.
   • Phase Two: A profit target of 5% is set.
4. Minimum Trading Days
   A minimum of 4 separate and distinct trades must be executed during the challenge. These trades can be conducted on non-consecutive days, giving you more flexibility. There is no upper limit on the number of trades, and you may trade as much as you want.
5. Floating Loss Rule
   In both the challenge stages and the funded account, a floating loss rule of 2% applies to all balances.
6. Trading Time Limit
   A minimum time of 30 seconds is required to open and close trades on the Black challenges and funded accounts.

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