Your odds of passing
Your win rate, your reward to risk and your risk per trade, run 2,000 times against the rules a firm publishes. Change the model and the same trading gives a different answer.
- Target 10%
- Max loss 6%
- Daily loss 4%
- Trailing until it locks
- Min days 1
47%940 of 2,000 runs pass
- pass 940
- hit the max loss 1,060
- hit the daily loss 0
- unfinished after 120 trading days 0
With these numbers a pass takes about 2.1 attempts, and a run that passes takes a median of 14 trading days.
$185to pass once: 2.1 attempts at the $87 list price of the $10,000 account. Resets, discounts and refunds are not counted. Full cost of each model
Every trade is independent and wins or loses a fixed amount, measured on the starting balance. Each phase starts from zero with the same loss limits. A run that reaches the target before the minimum days waits them out without trading. Time limits count five trading days in every seven. Consistency rules are not simulated, and a run still open after 120 trading days counts as unfinished. This is arithmetic on your own numbers, not a forecast and not advice.