MyFundedFutures has adopted a streamlined approach to evaluations. Traders can now follow a standardized evaluation process on their path to simulated funding and live account trading. For applicable plans, the evaluation rules remain consistent.
What is the evaluation consistency rule and how does it work?
The consistency rule is 50% for MyFunded Futures evaluations on the Rapid & Pro plans. (Pro Plan One day pass has no consistency rule)
This consistency rule means no single day's profit should exceed 50% of your total evaluation profits made. This rule promotes discipline and consistent trading habits which highlights a prop firm's commitment to encourage responsible trading.
Example on how the 50% consistency rule works:
Total Profit Target on a 50k account: $3,000
Max Profit a Trader should achieve: $1,500
Calculation is: Total profit target / 2 = Max Daily Profit
Important note: Exceeding the 50% consistency target does not breach the account. Traders who achieve more than 50% of their total profit target in one day simply need to trade additional days until consistency is met.
Traders may utilize the consistency calculator link below to determine profit target.
https://www.marketframework.com/tools/consistency-calculator