3 PHASE CHALLENGE PHASE 2

Description

3 Phase Challenge  Overview

Welcome to our structured 3 Phase Trading Plan designed for aspiring traders to grow their accounts while managing risk effectively. Starting with a balance of $10,000 Pay only $40 to go directly to PHASE 2. Traders will engage in a variety of instruments, including FX, metals, indices, energies, and crypto. Each phase has specific targets, drawdown limits, and trading day requirements to ensure a disciplined trading approach.

Phase 2:  Evaluation Phase

– Profit Target: 7%

– Daily Drawdown Limit: 4%

– Maximum Drawdown Limit: 7%

– Minimum Trading Days: 5

– Maximum Trading Days: 35

If traders do not meet the requirements, a fee of $30 is required to restart.

Phase 2 requires traders to apply the strategies and risk management techniques learned in Phase 1. Successful traders will again reset to the original balance, preparing them for the final evaluation phase.

Phase 3: Verification Phase

– Profit Target: 7%

– Daily Drawdown Limit: 4%

– Maximum Drawdown Limit: 7%

– Minimum Trading Days: 5

– Maximum Trading Days: 35

If traders do not meet the requirements, a fee of $50 is required to restart.

In Phase 3, traders must demonstrate consistency and skill across a more rigorous evaluation. Those who pass will reset their accounts to $10,000 once again, having proved their capability to manage trades effectively.

Phase 4: Real Account

– Profit Sharing: Traders retain 60% of profits made after 30 days.

– Withdrawal Schedule: Every 30 days.

– Minimum Profit Target: 5%

– No Reset Policy: Traders can choose to start from Phase 1, 2, or 3 based on the respective fees.

– Scaling: 30% of profits will be used to scale up; account balance increases by 50% after every 3 withdrawals.

– Account Activity: If there is no trading activity after 30 days, the account will be closed, and a reset will be required.

Phase 4 is the culmination of the trading journey, where successful traders operate in a real account environment. They can enjoy account growth and profit sharing while continuing to develop their trading skills and strategies.