At AquaFutures, we want to give traders the opportunity to scale up without risking their own capital. Our evaluations are built by traders with years of market experience, designed to give a special opportunity to those who take on the challenge.
Parameter definitions:
Profit Target
This is the target you aim for to successfully pass your AquaFutures Challenge! Reaching this target will bring you one step closer to your success.
Maximum Drawdown
This is the maximum allowable loss from the high water mark of your equity, this serves as a limit to keep an eye on so you stay consistent and do not over-risk on your positions.
Daily Loss Limit
AquaFutures' Daily Loss Limit sets a limit on the amount of capital you can lose in one trading day. Hitting this Daily Loss Limit will result in termination of your account.
End of Day Drawdown
This parameter is applicable on your Maximum Drawdown. As your account grows, your minimum allowable balance rises, creating a buffer to safeguard your gains.
Consistency Rule
This rule keeps traders away from swinging from one strategy to another and stay with 1 risk model. To build consistent trading habits for long term success.
Minimum Trading Days
Some evaluations require a minimum number of active trading days, encouraging consistent engagement over the evaluation period.
Beginner Evaluation:
Account Size | $25,000 | $50,000 | $100,000 | $150,000 |
Profit Target | $1,500 (6%) | $3,000 (6%) | $6,000 (6%) | $9,000 (6%) |
Max Position | 1 contract | 3 contracts | 6 contracts | 9 contracts |
Daily Loss Limit | $625 | $1,250 | $2,500 | $3,750 |
Max Drawdown | $1,500 | $2,500 | $3,500 | $5,000 |
Drawdown Mode | EOD | EOD | EOD | EOD |
Standard Evaluation:
Account Size | $25,000 | $50,000 | $100,000 | $150,000 |
Profit Target | $2,000 (8%) | $4,000 (8%) | $8,000 (8%) | $12,000 (8%) |
Max Position | 2 contracts | 5 contracts | 10 contracts | 15 contracts |
Daily Loss Limit | - | - | - | - |
Max Drawdown | $1,500 | $2,500 | $3,500 | $5,000 |
Drawdown Mode | EOD | EOD | EOD | EOD |
Why do these parameters matter?
Risk Management: Parameters like Maximum Drawdown, Daily Loss Limit, and EOD Drawdown support healthy risk management, keeping traders grounded during high-stakes moments.
Goal Orientation: The Profit Target serves as a clear target, promoting strategic planning and forward-thinking.
Consistent Trading: The Consistency Rule helps develop a stable trading approach, essential for building long-term success.
How to tailor your trading to these parameters:
Define Your Trades: Set entry and exit points, along with stop-loss and take-profit levels, before entering a trade.
Review Performance Regularly: Regularly check your account against the evaluation criteria. If you’re approaching the Daily Loss Limit, consider pausing for the day.
Stay Updated: Track market news and events that could impact trading decisions, helping you stay prepared and informed.
If you find to have any questions about our evaluation plans, please do not hesitate to reach out to our support team. They are dedicated to help you out 24/7, You can reach out via Live Chat, Our support email or create a ticket inside our Discord Community.