The rules you're trading against
To pass TakeProfit Trader 50K you need to hit the $3,000 profit target, never breach the end-of-day trailing drawdown, and stay under the $1,100 daily loss limit, across at least 5 days.
An end-of-day trailing drawdown of $2,000 alongside a $1,100 daily loss limit. The trail moves at each daily close.
Where most traders slip
The fastest way out is the $1,100 daily loss limit: a short losing streak at the wrong size. The drawdown gets the patient ones; the daily limit gets the impatient ones.
- →Keep single-day losses well under $1,100: the daily limit ends the day, not just the trade.
- →The end-of-day trail rewards locking profit before the close; an intraday give-back still costs you tomorrow's buffer.
- →Plan for at least 5 trading days; small green days both satisfy the minimum and smooth your equity curve.
Figures reflect a common TakeProfit Trader account at the time of writing. Firms revise rules often, so verify against the TakeProfit Trader site before relying on them.
Merlin's gauges derive from closed trades. Your firm watches live equity including open positions.
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