Q: What are the 5 minimum trading days, and why are they required?

A: The 5 minimum trading days are a requirement that helps ensure traders maintain consistent activity throughout their evaluation period. This allows us to assess your trading strategy and behavior over multiple days, rather than relying on just one day's performance. It’s essential for understanding how well you can manage your trades over time, account for market fluctuations, and adhere to risk management rules. The purpose is to simulate real-market conditions and evaluate a trader's overall approach to the market.

Q: Do I need to trade every day for 5 days in a row?

A: No, the 5 minimum trading days do not need to be consecutive. You are not required to trade every day in a row. As long as you have executed at least one trade on 5 separate calendar days during your evaluation period, this will fulfill the requirement. The trading days can be spaced out in any order, as long as there is activity on five distinct days.

Q: What qualifies as a "trading day"?

A: A "trading day" refers to any calendar day during which you execute at least one trade, which could involve opening or closing a position. It is important that the trade occurs during the market hours for the asset you are trading. If no trade is executed on a particular day, it will not be counted toward the 5-day minimum requirement. Simply logging into your account or monitoring the market does not count as a trading day.

Q: Can I take breaks in between trading?

A: Yes, you are allowed to take breaks between trading days. There is no requirement to trade every day or back-to-back. You are free to trade on days that suit your strategy and schedule. The key is that you actively trade on at least 5 different days during your evaluation period. The breaks between trading are completely at your discretion, as long as you meet the minimum trading day requirement.

Q: What happens if I don’t meet the 5 minimum trading days requirement?

A: Failing to meet the 5 minimum trading days requirement will result in the non-completion of your evaluation. This may hinder your progress in the program, as it is an essential part of assessing a trader's consistency and approach. If you do not meet the minimum trading day requirement, your evaluation may be invalidated, and you may not be eligible to continue to the next stage or qualify for any potential rewards. It’s crucial to plan your trading schedule to ensure that you meet this requirement during your evaluation.