When does the 4-month cycle start?
The 4-month cycle begins from the date you place the first trade.
From the day you place the trade, the cycle is counted over four consecutive months, and your performance during this period will be evaluated to determine eligibility for scaling.
For instance, if you place your first trade on January 1st, your 4-month evaluation cycle will run from January 1st to April 30th.
To qualify for scaling, you will need to meet the criteria i.e. over the 4-month period, you need to achieve at least 10% total net simulated profit. Out of these 4 months, at least 2 months should be profitable.
You must adhere to risk management rules during this period. This ensures that you demonstrate consistency and profitability allowing you to scale your account up to $4 million.