Introduction
At Lucid Trading, we view LucidTest, LucidPro, and LucidDirect as steppingstones in a trader’s development. These simulated phases are designed to help traders refine their strategies and build initial capital.
Once a trader transitions to a LucidLive account, they are no longer eligible to purchase or upgrade new simulated accounts. However, traders may continue to trade active funded accounts that have not yet been moved live.
When Do Traders Get Moved to LucidLive?
Traders are moved to a LucidLive account under two possible conditions:
After completing their final (sixth) payout in LucidPro or LucidDirect
At the discretion of Lucid Trading, if risk managers determine a trader is ready for live trading before the sixth payout
What’s Different in LucidLive?
LucidLive accounts differ significantly from simulated environments in terms of flexibility and structure.
Swing Trading
Traders may hold positions across sessions, provided they meet margin maintenance requirements
For those who prefer stricter risk automation, Lucid can configure automatic liquidation before the maintenance window during onboarding
Risk Settings
Traders in LucidLive accounts set their own risk parameters, as long as they are supported by our broker
Lucid enforces only one firm rule: a 20% Daily Loss Limit (DLL)
Traders are strongly encouraged to configure a lower DLL for added protection
Margin-Based Contract Limits
In simulated accounts, max position size is fixed regardless of account performance
In LucidLive, position size is margin-based, meaning it scales with the trader’s account balance
As your account grows or contracts, your max position limits adjust accordingly
LucidLive is structured to mirror real trading conditions while maintaining essential guardrails. Traders are trusted to manage their own risk in a professional, accountable environment.
