Q: What is the 8% profit target in Phase 1, and how is it calculated?
A: The 8% profit target in Stage One is the goal you need to reach in order to successfully complete your evaluation. This means you must grow your account balance by 8% from your initial starting amount in Stage One. The calculation is simple: if your starting balance was $10,000, your target would be $10,800 (10,000 * 1.08 = 10,800). Once you reach this target, you will have completed Phase 1 and can move on to Stage Two.
Q: What happens if I exceed the 8% profit target in Stage One?
A: If you exceed the 8% profit target before the end of your Stage One evaluation period, you will still successfully complete the stage and can progress to Stage Two. However, the target does not reset or change if you go over the 8% requirement—it's the goal you need to meet or surpass in order to move forward.
Q: What does the 6% profit target in Phase 2 mean, and how is it calculated?
A: In Stage Three, the goal is to increase your account balance by 6%. For example, if you start with $10,000, your target would be $10,600 (10,000 * 1.06 = 10,600). Once you reach or exceed this target, you will have successfully completed Phase 2.
Q: What if I earn more than the 6% profit target in Stage Three?
A: If you exceed the 6% profit target before the end of your Stage Three evaluation period, you will still complete Stage Three successfully. The 6% target remains the goal you need to meet or surpass in order to successfully finish Stage Three.