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What are the rules for Evaluations? Master Course

John
  • Updated

 

EVALUATION ACCOUNT RULES: 

1. Meet the profit goal, without hitting the max drawdown listed for the Evaluation Account you chose. 

Make sure to fully understand the Trailing Threshold Drawdown: CLICK HERE

2. Trade for a min of 7 Trading days

3. Follow The Code of Conduct (be professional) CLICK HERE

4. Do not let someone else trade your account. Do not share your username and password.

5. Always have Rtrader open to monitor max drawdown and as a back up to close trades. - CLICK HERE

 

That's it! Very Simple and Basic Rules!

 

 

Evaluation Account General Guidelines:

Holding through the close is not permitted. All trades must be closed and all pending orders must be cancelled BEFORE 4:59 PM ET.  (Note you must close earlier if the day is a holiday that closes early or if the marker closes earlier)

You can trade on holidays if the market is open, but half day holidays will NOT count as a trading day, it counts towards the next day.

Ags must be closed earlier to see the rules on when ags close see Are there any markets that must be closed earlier than before 4:59 PM ET – Apex Trader Funding

 

We will cancel open positions and pending orders attached to a position by 4:59PM ET*.

(*Does not apply to instruments that need to be closed prior)

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This is a failsafe feature it is not meant to be what you use to close out your trades, you are supposed to closed your trades before 4:59pm EST. There is a possibility your trade wont get closed if you leave it open.

You won't get your account failed for leaving it open but you may fail if it hits your threshold on a gap, so it is YOUR responsibility to close your trades.

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If a failed account is not reset within 8 days and the user doesn't have any other active subscriptions, Rithmic will automatically disable the account and your SIM account can no longer be traded. You must reset the account within 8 days or sign up for a new account.

 

Do not "assume" you know the rules based on some other companies rules. Make sure you fully understand the rules of Apex Trader Funding. These are the rules we set for evaluations.

 

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