What is the "Maintain Consistency" Rule? | Earn2Trade Help Center (2024)

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What is the "Maintain Consistency" Rule? | Earn2Trade Help Center? ›

What is the "Maintain Consistency" Rule? The Maintain Consistency rule applies to both the Trader Career Path evaluation and the Gauntlet Mini™. The "Maintain Consistency" rule states that over the course of your examination, no single trading day can account for 30% or more of your total PnL.

Consistency Rule Explained

By keeping your most profitable day below 45% of your total profits, you can better balance your RRR (risk-reward ratio) and develop a more sustainable trading strategy. This rule also helps FunderPro find the best pro traders to fund.

The Consistency rule states that no single trading day should make up 30% or more of the total profit over the course of the challenge. Trading is a long-term game that requires patience, emotion control, risk management, and steady results.

The Volume Consistency (Lot Size Consistency) rule is applied once a payout withdrawal request has been submitted, to ensure consistency within your trading. To satisfy the rule your average trade size is used to calculate your trading range.

The Consistency Metric is calculated using the following formula: (1 - (Highest Profit or Loss Day / Absolute Sum of all Trading Days)) x 100%.

If rules are consistent, results of disobeying them will be predictable. Enforcement is important. The importance of a rule is learned by consistently having it enforced. A child who is disciplined for throwing the ball in the living room on Monday but not disciplined for the same action on Tuesday will be confused.

Consistency is carrying out something the same way, or something staying the same as it's achieved in a particular way. An example of this could be when we're painting a wall to achieve the same color and look overall. This creates a uniform look and is overall consistent to create the same color or design overall.

This means that your risk per trade must remain consistent. The main reason for this rule is to prevent traders from significantly causing wide swings to the funded accounts. It has been a common practice in the prop firm space to increase risk when they are either on a winning or losing streak.

The Consistency Target measures a trader's ability to make repeated profits while managing risk. To pass the Trading Combine, your best day (most significant winning day) must be no greater than 50% of your profit target.

Consistency Target: Best Day below 50% of total profits made. Do not hit or exceed the Daily Loss Limit or your account will be deactivated for that trading day.

What is the perfect lot size? ›

The lot size depends on their account size. A general rule of thumb is to risk no more than 1-2% of their account on each trade. Traders need to determine their risk tolerance for each trade. This will help them decide how much of their account they are willing to risk on the trade.

It just means that you need to trade more, until this single day equals less than 30% of your total profits. Using the same example, if you profit $1,200 in one day, that's 40% of $3,000. You can calculate how much profit you need to maintain consistency by dividing your highest daily profit ($1,200) by 0.3.

a class of social psychological theory holding that people are chiefly motivated by a desire to maintain congruence or consistency among their cognitions.

Consistency also means that your rules are enforced every single time. Not every once in a while. Not even most of the time. Consistency means you discipline your children every single time they disobey.

Meaning of consistency concept in English

According to the consistency concept, once a business has decided on a particular method for treating an accounting item, it will treat all similar items in the same way in the future.