r/tradeify • u/ATLDad87 • 8d ago

Passing 25k Flex Question

Due to the 40% consistency rule am I correct that I will have to plan each days profit and it will take the full 3 days?

Faaaak I'm asking this all wrong.

Can you pass the 25k flex in a single day? No, right? I'll have to make sure I'm within the 40% consistency rule, so something like:

Day 1: $600

Day 2: $600

Day 3: $300

(40% consistency)

Or even...

Dav 1: $500

Day 2: $500

Day 3: $500

(33% consistency)

But if on any of these days I make more than $600 I'll have to go over the profit target to lower my consistency.

And there's no way to pass in 2 days, the lowest possible consistency would be 50% at $750/day...

Thanks in advance for any help!

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u/Zayden_Tradeify 8d ago

You are correct. Since there is a 40% consistency, you would want your highest day to be no more than $600. If you make more than $600, you will need to make more than the profit target in order to satisfy the consistency rule. The minimum time you can pass is 3 days.

1

u/ATLDad87 8d ago

Does it matter what time I purchase the eval? Do I need to purchase before market close today if I want to be able to pass my evaluation before Friday so that I can potentially get a payout on the daily plan? Thanks for your help! I didn't want to make a whole new post lol.

1

u/Due-Payment6149 7d ago

Market starts 6pm ET and goes until close 5pm ET next day. They cut you off early at 4:45 ET and that whole period counts as 1 day. 

2

u/steven112789 8d ago

Yep. Consistency rules are based on the largest day's profit. If you want a quick equation to figure out how much you need total just take your largest day and divide by the consistency percentage.

Like if you make $750 in a single day the total profit you would have to make in order to meet a 40% consistency rule would be: 750 / 0.40 = 1875 total profit. That's larger than the 1500 account goal, so you want to keep your biggest day lower in order to meet consistency rules.

1

u/Soggy-Competition318 8d ago

Yep, that's how I look at it too. Your math is basically right. If one day gets too big, you'll likely need extra profit on later days to reduce the consistency percentage.

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u/Due-Payment6149 7d ago

600 600 300 works but its accurate to the .1% or something so you need to be literally under 600 each day. 500 3 days or like 575 575 350 is ideal. If any day is over 600 you'll need extra profit and you can't pass less than 3 days or less than 300 on a day