TopStep is taking trader progression and risk management to new heights with the introduction of a revamped Consistency Target, now elevated to 50% from the previous 30%. This update signifies a more sophisticated approach to assessing a trader’s proficiency in generating consistent profits and managing risk adeptly.
In the Trading Combine®, the requirement is set such that a trader’s most profitable day must not constitute more than 50% of their profit target. Should a trader’s best day meet or exceed this threshold, there is flexibility to continue trading until the proportion of the best day’s profit to the total profit target drops below 50%.
TopStep is committed to transparency and wishes to highlight the advantages this new target presents. By reducing the minimum trading days required for funding by half, TopStep opens up faster avenues to funding, while emphasizing the importance of trading at a comfortable pace and making decisions based on sound judgement.
This innovative 50% Consistency Target is designed to encourage traders to pursue gradual improvement and strategic trading. It’s an opportune moment for traders to leverage this update to further their trading aspirations with TopStep, fostering growth and success in their trading endeavors.