What it Means:
- You need to trade a minimum value to be eligible for the next step.
- This will be calculated based on all the Standard, Mini, and Micro lots you trade.
- A trade is considered an opening and closing of a position.
Why it is Important:
- Proves to yourself and the firm that your performance is consistent.
- Provides you and the firm enough information to evaluate and understand your trading.
- Gives you the opportunity to test your strategy across market conditions.
To see how this calculated please click here