The Consistency Rule is a crucial requirement for successfully completing the evaluation process and maintaining consistent behavior in the master account and this rule only applies for the latest Funding Pips X-Model only. This rule stipulates that no single trading day should account for more than 45% of the total profit throughout the challenge.
To simplify, trading is a long-term endeavor that demands patience, emotional control, risk management, and consistent performance. Many beginners face the temptation to seek quick profits, but this approach often relies on luck rather than skill, posing more risks than benefits.
Instead of chasing short-term gains, prioritize consistency in your trading approach. This strategy fosters reliable results and sustainable growth. Embracing the Consistency Rule will guide your trading journey towards success, helping you develop disciplined habits essential for long-term profitability.
How does the Consistency score works
Consistency score is calculated as following: ( Biggest winning day / Current account Profit ) * 100%
if your account size is $100,000 and you have been consistently earning profits on a daily basis. On the first trading day, you earned a profit of $3,500, followed by $4,000 on the second day and $2,500 on the third day. This brings your total profit to $10,000. According to our FundingPipsX Model, the maximum profit you can earn in one day is 45% of your total profit, which is equivalent to $4,500. Therefore, you are successfully adhering to the 45% consistency rule in our model.
Note :
This rule is specific to the Funding Pips X model only. The 1, 2, and 3 Step models are not bounded by this rule.