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. LucidBlack has a Consistency Percentage in both the evaluation and funded accounts.
The Calculation
In LucidBlack evaluation accounts you must have Consistency Percentage of 60% or less to be eligible to upgrade to a LucidBlack funded account.
In LucidBlack funded accounts you must have Consistency Percentage of 40% or less to be eligible for a 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 a 50k LucidBlack evaluation account and your Largest Single Day Profit was $750 when you reached the $3,000 profit target. Plug the values into the above formula.
$750 / $3,000 = 25%
Congratulations, you have maintained consistency under the LucidBlack evaluation 60% requirement. You may now upgrade to a LucidBlack funded account. However, if your largest day had exceeded 60% of your account profit, you would need to continue trading until your largest day is 60% or less.