Updated 2026-03-08
For Traders Profit Target (Phase 1) Rule Explained
For Traders
Quick Answer
For Traders requires a 10% profit target based on initial account balance to pass Phase 1 evaluation.
The profit target is calculated as 10% of your starting account balance ($5,000 on $50K, $10,000 on $100K). You must achieve this profit level in closed trades to advance to Phase 2. Failure to reach this target means you cannot progress in the evaluation process.
Key Rule Details
Target
10%
Dollar Target ($100,000)
$10,000
Phase
Phase 1 only
Time Limit
None
Min Days
3 days
Calculation Example
Common Mistakes
Counting Unrealized Profits
Traders assume open positions with floating profits count toward the 10% target. For Traders only counts closed, realized profits toward the profit target. If you have $9,500 in closed profits and $1,000 in open profits on a $100K account, you haven't met the $10,000 requirement yet.
Rushing Near Daily Loss Limit
Traders push aggressive trades when close to the 10% target, forgetting about the 5% daily loss limit. With $9,000 profit on a $100K account, risking $3,000 to reach the target quickly could trigger the daily loss rule and fail the challenge entirely.
Ignoring Minimum Trading Days
Traders achieve the 10% profit target in 1-2 days but forget the 3-day minimum trading requirement. Even if you make $5,000 profit on day one with a $50K account, you must trade for at least 3 total days before advancing to Phase 2.
Miscalculating Target After Losses
Traders think the profit target changes based on current balance after drawdowns. The 10% target remains fixed to your initial balance regardless of losses. On a $100K account, you always need $10,000 total profit even if your balance drops to $95,000.
Protection Strategies
Set Personal Target at 11%
Aim for 11% profit instead of exactly 10% to create a safety buffer. This gives you $500-$1,000 extra cushion above the requirement, protecting against potential calculation errors or small losing trades that might reduce your realized gains below the threshold.
Use 1% Risk Per Trade Maximum
Limit individual trade risk to 1% of account balance to steadily build toward the 10% target. This approach requires 10-15 winning trades to reach the goal while maintaining safety from the daily and total loss limits.
Set Profit Alerts at 9%
Configure alerts when you reach 9% realized profits to become more conservative in your final trades. This warning system helps you avoid unnecessary risks when you're $500-$1,000 away from passing, allowing you to secure smaller, safer gains to complete the target.
Avoid Trading Major News Events
Skip high-volatility news releases when you're above 7% profits to prevent large unexpected moves. Since For Traders restricts news trading in challenges, avoiding these events reduces the risk of sudden losses that could derail your progress toward the 10% target.
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Frequently Asked Questions
Disclaimer: This guide is for informational purposes only and does not constitute financial advice. Prop firm rules change regularly — always verify current terms on For Traders's official website before purchasing a challenge. Updated 2026-03-08.