Description
Career Trader Plan Overview
The Career Trader Plan is structured to develop trading skills progressively through four distinct stages. Each stage has specific requirements and targets, allowing traders to advance based on their performance while managing risk effectively.
Starting Balance
– Initial Balance: $1,000
Stage 1
– Leverage: 1:50
– Requirements:
– Minimum of 4 trading days
– No restrictions on trading style
– Maximum drawdown: 20%
– Progression: Traders pass to Stage 2 if they do not violate the maximum drawdown.
Stage 2
– Account Reset: Balance resets to $1,000
– Leverage: 1:25
– Requirements:
– Minimum of 20 trades
– Minimum of 4 trading days
– Profit target: 1%
– Maximum drawdown: 10%
Stage 3
– Leverage: 1:10
– Requirements:
– Maximum drawdown: 8%
– Minimum of 4 trading days
– Profit target: 3%
– Minimum of 5 trades
Stage 4
– Balance Reset: Balance remains at $1,000
– Requirements:
– Maximum drawdown: 8%
– Minimum of 4 trading days
– Overall profit target: 10% across all four stages
Real Account Stage
– Balance: $1,000
– Requirements:
– Profit target: 5% for withdrawal
– Maximum drawdown: 8%
– Daily drawdown limit: 3%
– Positional drawdown limit: 1%
– Note: The balance resets to $1,000 at the start of each stage until the Real Account stage.
The Career Trader Plan is designed to cultivate disciplined trading habits while limiting risk through structured progression and clear targets. Each stage builds upon the previous one, encouraging traders to enhance their skills and achieve consistent profitability.
