Global guide
Common concepts to understand evaluation terms. Informational only.
Core terms
Daily drawdown
Max loss allowed within a single day.
Overall drawdown
Max total loss allowed on the account.
Profit split
Split between trader and firm on payouts.
Minimum days
Required days before passing/payout.
Common pitfalls
- Picking terms that do not fit your style.
- Ignoring news/weekend restrictions.
- Over-leveraging or over-risking.
- Trusting marketing without verification.