Prop Firm Evaluations With No Time Limit: What It Really Means
No time limit takes away the pressure to force trades. It does not take away every clock. Here is what untimed evaluations really mean.
Plain-English guides to prop firm rules, drawdowns, payouts and funded trading.
No time limit takes away the pressure to force trades. It does not take away every clock. Here is what untimed evaluations really mean.
A consistency rule does not end your account. It decides when you can pass or get paid. Here is how to calculate it, and how to meet it.
Some rule breaks end the account. Others cost you a trade. Knowing which is which is the difference between a bad day and a lost account.
Futures evaluations run on different rules from FX: trailing drawdowns, no daily limit, subscriptions and phases. What each one means for how you trade.
Stock prop firm evaluations run on a trading session, not the clock. How the equities rules work, and the ones that change once you are funded.
Every term you will meet in a prop firm rulebook, explained in a sentence, with links to the full guides.