What is Profit Target?
The profit target is the percentage gain a trader must achieve to pass an evaluation phase. Phase 1 targets typically range from 8-10%, and Phase 2 from 4-5%. Hitting the profit target is necessary but not sufficient to pass — the trader must also respect all risk rules throughout. Some firms have no minimum trading days, meaning the target can theoretically be hit in a single trade, while others require 5-10 minimum trading days regardless of profit.
Key takeaways
The required gain to pass an evaluation phase.
Phase 1 targets typically range from 8-10%, and Phase 2 from 4-5%.
Some firms have no minimum trading days, meaning the target can theoretically be hit in a single trade, while others require 5-10 minimum trading days regardless of profit.
Profit Target vs. Evaluation
Two terms that frequently get conflated. Here's how they actually differ.
Profit TargetChallenge Rules · ROOKIE
EvaluationChallenge Structure · ROOKIE
The required gain to pass an evaluation phase.
A test phase a trader passes to qualify for a funded account.
Frequently asked questions
What is Profit Target?
The profit target is the percentage gain a trader must achieve to pass an evaluation phase. Phase 1 targets typically range from 8-10%, and Phase 2 from 4-5%. Hitting the profit target is necessary but not sufficient to pass — the trader must also respect all risk rules throughout.
Why does Profit Target matter for prop firm traders?
Profit Target is a rule that runs through the evaluation phase. Hitting profit targets is necessary but not sufficient — you also have to respect rules like Profit Target from day one.
How is Profit Target different from Evaluation?
Profit Target and Evaluation are commonly confused. Profit Target: The required gain to pass an evaluation phase. Evaluation, by contrast: A test phase a trader passes to qualify for a funded account.
What should traders watch out for with Profit Target?
Hitting the profit target is necessary but not sufficient to pass — the trader must also respect all risk rules throughout. Some firms have no minimum trading days, meaning the target can theoretically be hit in a single trade, while others require 5-10 minimum trading days regardless of profit.