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Level 1 of 4 · Beginner

Start with the three numbers that end accounts

Most first challenges are not lost to bad analysis. They are lost to a rule the trader could not state in money. Before setups and indicators, learn the three limits of the account you are buying and convert every percentage into dollars.

The table shows those limits on a $10,000 account in each program. Read it before your first trade, then write your own line for the day on a sticky note: the balance at which you stop.

The limits on a $10,000 account

	Daily loss	Max loss	Target
1-Step	5% · $500	10% trailing · $1,000	10% · $1,000
2-Step	5% · $500	10% static · $1,000	8% then 5%
Instant Funded	3% · $300	6% → 5% · $600	None

Daily loss is measured from the previous end-of-day closed balance. The 1-Step floor trails your highest closed balance and locks at the starting balance after +10%; the Instant Funded floor tightens from 6% to 5% after +5% profit.

What to focus on

Speak the language
Pip, lot, spread, drawdown, high-water mark. Knowing the exact meaning stops the most common rule misreadings.
Prepare each session the same way
News for the day, open risk, and your stop line for the day, written down before the first order.
Size from the stop, not from habit
Pick the money you are willing to lose, measure the stop in pips, and let those two numbers give the lot size.

Beginner guides

Move up when

You can say your daily loss line in dollars without opening the dashboard.
Ten sessions prepared with the checklist, none closed past half of the daily limit.
Every position in your log was sized from its stop distance.

Further reading

Next levelEssential: Build one setup you can repeat under the rules →

All guides · Full rules in the FAQ