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 at MyFundedFutures is 30% on our Rapid EOD plans and 50% for Rapid Intraday and Pro plans. (Pro Plan One day pass has no consistency rule)
Our Builder plans have no consistency rules in the evaluation stage and can be passed in 1 day.
*** Builder plans have a 50% consistency rule in the simulated funded stage. ***
This consistency rule means no single day's profit should exceed 30% or 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 consistency targets does not breach the account. Traders who achieve more than the listed percentage amount 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