🥇Criteria to be Success

1. Achieved 5 Trading Days

Trading days definition: Open any trades on a day consider as 1 trading days.

For example: User A open each 1 trade on 1th July and 2nd July. This user has achived 2 trading days target.

2. Maximum Daily Loss

Calculation Formula: Total Realized Loss of the Day + Total Floating Loss of Open Positions.

Example:

If the account size is $200,000 and a Maximum Daily Loss limit of $10,000:

• If you incur a $8,000 loss from closed trades, your account must not decline more than $2,000 on that day. This means your open floating losses should not exceed -$2,000.

• Conversely, if you make a $5,000 profit in one day, you can afford to lose up to $15,000. However, if at any point your total daily loss (from both closed and open trades) exceeds $10,000, you will have violated the limit. For instance, if you close trades with a $6,000 loss and have an open trade with a floating loss of $5,700, your total daily loss at one point was $11,700, exceeding the permitted $10,000 limit.

Important Note:

• The maximum daily loss resets at 00:00 UTC+8.

If you make a $4,000 profit on a day and have an open position with a floating loss of $13,000, your daily loss for that day is $9,000 ($4,000 profit - $13,000 open loss). You are within the limit for that day.

However, if the open loss of $13,000 carries over past midnight, it will exceed the $10,000 daily loss limit, as the profit from the previous day does not carry over.

• The account will automatically fail if an open position reaches the maximum daily loss limit, as floating losses are included in the calculation formula.

3. Maximum Loss

Calculation formula: Total Realized Loss + Total Floating Loss of Open Positions.

For instance, if the account quota is 100,000 USDT, the total of closed position losses and floating losses on the account must not exceed 10,000 USDT at any point during the trading period.

The calculation method is similar to the Maximum Daily Loss, which can be reviewed by accessing the Maximum Daily Floating Loss concept. The key difference is that this limit applies to the entire Challenge Period and the duration of use of the PropW trader's account, rather than being confined to a single day.

Important Note:

• The account will automatically fail if an open position reaches the maximum loss limit, as floating losses are included in the calculation formula.

4. Profit Target

Profits must be realized from closed positions; floating profits will not be considered.

For example, if a user has an account quota of 100,000 USDT. The account should have at least a 8,000 USDT of realized profit.

Important Note:

• To proceed to the next phase, all positions must be closed. In the Challenge Stage, profits cannot be rolled over; profit rollover is only eligible during the Trader's Stage.