All-in trading - effectively achieving the Profit Target in one trade (or in a few similar trades on the same instrument within one day)
This practice could actually sum up, or complement, the previous three. Every Fintokei evaluation program has a profit target that traders need to meet to complete it. To prevent gamblers and lucky shooters from finishing the challenge with a single fortunate, over-leveraged or one-sided betting set of trades, we have set a minimum profitable trading days metric. This metric requires a minimum number of profitable days of +0.5% to complete the challenge, which for us is 3. This is to avoid someone completing the challenge by placing one high-volume, high-leverage lucky trade within 30 minutes of purchasing the evaluation program.
In past,some traders managed to achieve the profit target with a single trade idea, after which they opened additional, much smaller trades in the following days (typically very small ones, like 0.01 lots, and for a very short time) just to meet the minimum 3-day trading requirement (so called “flipping trades”).
Below you may find a few clear examples that contain the above mentioned practices and were performed by some of our customers. Our rules have allowed it in the past, and we treated those customers honestly, including processing the account upgrades and payouts. However, we would not want to endorse such trading styles, which is why we introduced this rule.
Example 1:
Example 2:
Example 3: