To pass Phase 1 of the FundingRock Challenge, you need to:
Profit Target: Make a 10% profit on your starting balance (8% with the Hybrid Max Loss/Profit add-on).
Trading Days: Trade for at least 4 days (or no days with the No Minimum Trading Days add-on).
Drawdown Limits:
Max Loss: Don’t exceed a 10% total loss.
Daily Drawdown: Keep daily losses within 5%.
Profit Share: Keep 80% of your profits once you pass Phase 1.
Consistency: Maintain 45% consistency throughout.
Once you meet these conditions, you’ll automatically receive your Phase 2 credentials within 12-24 hours.
It's that simple! Show your skills and move on to the next phase!