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LucidDirect Consistency Percentage

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Written by Doug

Consistency

The Consistency Percentage tracks a traders ability to earn profits over multiple sessions. This demonstrates a that a trader has and can adhere to a risk management strategy.

The Calculation

In our LucidDirect funded accounts you must meet a Consistency Percentage of 20% to be eligible to request a payout. The Consistency Percentage resets and must be met again after each payout.

Use the following formula to determine if you are adhering to the Consistency Percentage:

Largest Single Day Profit / Account Profit = Consistency Percentage

Example

You trade your $50k LucidDirect Account and your Largest Single Day Profit was $500 and your Account Profit is $3,000. Plug the values into the above formula.

$500 / $3,000 = 16.7%

Congratulations, you have maintained consistency under the LucidDirect 20% requirement. You may now request a payout so long as you have met the other necessary objectives. However, if your largest day had exceeded 20% of your Account Profit, you would need to continue trading until your largest day is below 20%.

Consistency at Live Account Status

Once promoted to Live account status, the consistency requirement no longer applies. The 20% consistency requirement applies only during the funded account stage.

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