The Consistency Rule is applicable solely to Phase 2 (Evaluation) & Phase 3 (Funded Trader) of the Funded Account Challenge at Boer Funded. Here, you have the opportunity to showcase your ability to manage risk effectively and achieve consistent success.
The calculation is as follows: Best Trading Day Profit ÷ Overall Profit = Best Day % of Total Profit
Let's illustrate this with a new example:
Example 1: $25,000 Account
Profit Target: $2,000
40% Daily Profit Cap: $2,000 x 40% = $800
So, for a $25,000 account with a profit target of $2,000, the recommended best day profit should be less than $800 to stay within the 40% consistency level.
Example 2: $50,000 Account
Profit Target: $4,000
40% Daily Profit Cap: $4,000 x 40% = $1,600
For a $50,000 account, the maximum daily profit should be less than $1,600.
Example 3: $100,000 Account
Profit Target: $8,000
40% Daily Profit Cap: $8,000 x 40% = $3,200
For a $100,000 account, the maximum daily profit should be less than $3,200.
Example 4: $150,000 Account
Profit Target: $12,000
40% Daily Profit Cap: $12,000 x 40% = $4,800
For a $150,000 account, the maximum daily profit should be less than $4,800.
Example 5: $200,000 Account
Profit Target: $16,000
40% Daily Profit Cap: $16,000 x 40% = $6,400
For a $200,000 account, the maximum daily profit should be less than $6,400.
This approach helps traders at Boer Funded to maintain consistent profitability by ensuring no single day’s profit exceeds 40% of the total profit target.