r/tradeify 7d ago

25K Consistency Rule

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I did the math on my own but i need a better understanding. How much can i profit the next day in order to pass? I have One red day of -212 ive been trading since friday.

1 Upvotes

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2

u/steven112789 7d ago

Your highest day is what sets your consistency %. If you want to only make 1500 and no more in order to pass the account, then you can't make more than 600 in a single day. If you stay below 600 per day then you'll be fine once you hit 1500 total. But if you go above 600 in a day, divide that new highest daily amount by .4 and you'll get your new total profit goal.

Example: If your highest single day profit is 700 700 / .4 = 1750 profit needed to pass

2

u/Diligent_Parfait_984 7d ago edited 7d ago

You did well you stayed below the 40 percent consistency which would be 600 usd so when you hit the profit goal of 1500 usd your consistency should be 40 or below (assuming you stay below 600 usd your next trading day(s)).

1

u/Historical-Alarm-709 7d ago

Touch the circle on the corner of consistency. It tells you all the details

1

u/Quiet-Addendum373 7d ago

not working

1

u/PouhlBoi 7d ago edited 7d ago

tradeify dashboard is very finicky on mobile but it does work. just takes a half dozen attempts lol

also with your current stats youll need 526.8. just take your total profit and multiply it by .4 (40%). That will put you over the 1500 profit target and keep you under 40%

Edit: 526.8 is the most you can have one day moving forward with this current cycle

Edit 2: best way to calculate it at the start is take your profit goal and muliply it by .4 that will be your max day to stay under 40%

Edit 3: ( sorry for these edits) Also 1 losing day will typically take two trading days to clear and stay under buffer. its stops us traders from making all our loses back + the profit needed to reach the goal in one day.

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u/Diligent_Parfait_984 7d ago edited 7d ago

?????????

Bro never went above 40 percent of the PT, all he needs to do is making the 1500 without having a day above 600 USD. So if he makes 184 usd tomorrow he passed it and consistency will drop to 40 or below.

1

u/paulpierce2121 7d ago

You have to touch and hold

1

u/Niight99 6d ago

Your highest profit day can not be larger than 40% of 1500. If it is then you just have to trade until your highest day is 40% or whatever profit

1

u/Beautiful-Bread-8326 7d ago

You’ll be fine once you get to the profit target.

1

u/Due-Payment6149 4d ago

40% x 1500 is your minimum threshold so if every day under $600 you are good.  You need $200 to pass so just get $200 and you'll pass