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What are the rules to follow in the 2-Step Pro Challenge?
To excel in the 2-Step Pro Challenge, it’s important to adhere to the following rules:
Minimum Trading Days: Traders are required to trade for 2 separate days in both phase 1 and 2. A trading day refers to a day when at least one trade is executed (opening or closing a position) to participate in the market.
Maximum Trading Days = There are no maximum trading days for completing the challenge.
Daily Loss Limit = Traders are allowed a maximum daily loss limit of 5% of the previous day’s closing balance
To get more information regarding the daily loss limit, kindly click here https://holaprime.com/faqs/general-faqs/how-daily-loss-limit-calculated/
Maximum Total Loss Limit = The overall maximum loss permitted is 8% of the initial account balance. This means the account balance or equity cannot drop below 92% of the initial balance at any time.
To get more information regarding the maximum total loss limit, kindly click here https://holaprime.com/faqs/general-faqs/how-overall-loss-limit-calculated/
Profit Target = Traders need to achieve a profit of 8% and 5% of the initial account balance in phase 1 and phase 2 respectively.
To get more information regarding the profit target, kindly click here https://holaprime.com/faqs/general-faqs/how-profit-target-calculated/
Inactivity Period = An account should not be inactive for consecutive 30 calendar days.