How to Use the Calculator
Mode 1: Profit Target Mode
When to Use: You want to plan your trading approach and ensure you'll stay within consistency rules while reaching your profit target.
Why This Mode: Consistency rule violations can terminate accounts even after reaching profit targets. Planning your profit distribution across multiple days helps ensure you stay compliant throughout your evaluation.
How to Use:
- Select "Profit Target" mode (green button)
- Enter your prop firm's consistency rule (usually 25-50%)
- Input your evaluation profit target
- Add your planned daily profits using "+ ADD TRADING DAY"
- Watch the "Max Allowed" field to stay under the limit
Example:
- Your Goal: Pass a $50K evaluation requiring $3,000 profit
- Consistency Rule: 30% (your prop firm's requirement)
- Max Per Day: $900 (30% of $3,000)
- Smart Plan: 15 trading days averaging $200 each, with largest day at $800
- Result: Pass evaluation while staying compliant
Mode 2: Net Profit Mode
When to Use: You've been trading and want to check if your current results violate consistency rules before completing your evaluation or requesting a payout.
Why This Mode: Catch violations before they become costly problems. Some traders reach their profit targets but get accounts terminated or denied payouts for consistency violations they didn't realize they had.
How to Use:
- Select "Net Profit" mode (gray button)
- Enter your prop firm's consistency percentage
- Input each day's actual profit/loss
- Check if your "Highest Day" exceeds the "Rule Threshold"
- See your current compliance status
Example:
- Your Situation: 12 days of trading, $2,800 total profit
- Your Best Day: $1,200 profit
- Consistency Check: $1,200 ÷ $2,800 = 42.9%
- Problem: If your rule is 30%, you're violating by 12.9%
- Solution: Continue trading profitably to dilute the percentage
Calculator Limitations
- Results are estimates based on standard rule interpretations
- Individual prop firm rules may vary and change frequently
- Some firms may have additional complexity in their calculations
- Always verify compliance with your specific firm's current terms before making critical decisions