A profitable day is defined as a day on which the difference between the end of day Equity and the start of day Equity generates a positive profit of at least 0.5% of the Initial Balance (or Scaled Balance).
The positive profit is calculated as follows:
Midnight Equity - Previous Day Midnight Equity
The "3 Profitable Days" rule is effective from December 15, 2024, replacing the current "Minimal 3 Trading Days" rule across all ProTrader evaluation phases.
Under this updated rule, customers must achieve three profitable days on their Fintokei demo evaluation accounts, in addition to meeting the Profit Targets for each phase, to qualify for an account upgrade to the next Phase.
This rule will also apply to the Virtually Funded stages of ProTrader programs. Customers must meet the 3 Profitable Days requirement before submitting each Performance Reward requests.
Evaluation Phase 1 or 2: The rule will not be applied on your currently active accounts, and it will be applied only for the next upgraded account, once you successfully pass your current phase.
Phase 3 (Virtually Funded Accounts): The rule will be applied on your currently active Phase 3 account only after your next successful Payout request, starting from the following payout cycle.
This rule doesn't have to be met in 3 following days. In between of each profitable day there can be a trading pause or non-profitable day.
But if you have already chosen the ProTrader evaluation program, and struggle to find this rule suitable for your trading style we may have an option for you. If you manage to trade consistently for more than 30 trading days at some stage of the ProTrader funded program (evaluation or virtually funded), reach the Profit Target, and the only missing piece would be to pass this requirement please feel free to contact us.
Of course we would not want you to start risking more, or to change your strategy and the risk reward setup that already works for you. Instead, we will be happy to evaluate your trading performance manually. Based on the review by our risk team we can then potentially upgrade your account individually.
Example:
Let’s illustrate this with an example using a ProTrader account with an initial balance of 100,000 EUR, where 0.5% of the starting balance equals 500 EUR. Simply put, to meet the condition and count one profitable day, you would need to achieve a daily profit of at least 500 EUR by the end of the trading day. Once achieved, you can mark one profitable day as completed, with two more to go.
Shall we continue with an example? Let’s do so. Imagine the previous day’s Previous day equity was 103,200 EUR. At the start of the new trading day, you were charged swaps for holding multiple positions overnight. During the day, you closed those positions at a profit, bringing your current equity to 103,900 EUR. If you leave your account untouched for the rest of the day, you will have achieved a profitable day, as your balance increased by 0.7% compared to the previous Previous day equity-exceeding the required 0.5%.
However, if you continue trading actively but end the day with a equity below 103,700 EUR (calculated as 103,200 EUR + 500 EUR), this day will not qualify as a profitable day.
To complete the example, let’s assume you achieved a profitable day with an Midnight equity of 103,900 EUR. This means the following day will begin with a starting Previous day equity of 103,900 EUR. For the next day to also qualify as a profitable day, your goal would be to end the day with the equity of at least 104,400 EUR (103,900 EUR + 500 EUR).
Remember, that your Midnight Balance is equal to Midnight equity only when you do not hold the trades open overnight. Should you keep positions open overnight, the system will take into the consideration the value of Midnight Equity - Previous Day Midnight Equity