Welcome to Top One Trader! In this article, we will explain the "3 Profitable Days Rule," an essential target for all our traders to achieve.
What is the "3 Profitable Days Rule"?
The "3 Profitable Days Rule" requires traders to achieve at least three profitable days to qualify for a payout request. This rule ensures that traders demonstrate consistent profitability.
What counts as a profitable day?
A profitable day is when all closed positions for that day result in a net profit of at least 0.5% of your initial account balance. For example, with a $10,000 account, you need to make a net profit of $50 or more in one day for it to be considered profitable.
What is considered a trading day?
A trading day is counted from 5 PM EST to the next day at 5 PM EST. This 24-hour period is used to determine if your trading activity within this time frame meets the profitable day criteria.
How are profits on positions held over multiple days counted?
If you profit on a position held over multiple days, it still counts as one trading day. The profit is considered on the day the position is closed.
Do the three profitable days need to be consecutive?
No, the three profitable days do not need to be consecutive. You simply need to achieve three profitable days during each of your challenge phases to pass your challenge and three profitable days during your funded phase in order to receive a payout.
Conclusion
Thank you for reading! We hope this clarifies the "3 Profitable Days Rule." Achieving this target demonstrates your ability to trade profitably and consistently. Good luck with your trading career and we're glad you're a part of the Top One Trader Family!