The minimum number of trading days where a trader must close in profit, often above a defined threshold, to qualify for payouts or meet prop firm requirements.
Why It Matters
- 1This rule enforces consistency by ensuring traders generate profits across multiple days rather than relying on a single large gain.
- 2It is commonly required before payouts or progression.
Example
- 1A firm requires 5 minimum profitable days.
- 2A trader has 3 qualifying days with sufficient profit and must complete 2 more before becoming eligible to request a payout.
Common Mistakes
- ✖Assuming any profitable day counts without meeting the minimum amount
- ✖Trying to meet the requirement in as few trades as possible instead of trading consistently
- ✖Overtrading just to complete the required number of days
- ✖Ignoring this rule until attempting to request a payout