2-Step Phase 2: How to Pass the Second Target

Step 1 of 5

What changes in phase 2

Only two things change: the target is smaller and the profitable-days count starts again. The loss floors are the same. On a $10,000 phase 2 account:

Target: +$500
Qualifying day: at least $50, 3 times
Daily floor on day one: $9,500
Max-loss floor: $9,000, static

Compare two numbers: $1,000 of room above the max-loss floor and $500 to the target. A smaller target under the same floors means you do not need big trades to finish.

Phase 2 is also where traders relax too early. Passing phase 1 proves your plan can work; it does not lower the bar. Start phase 2 with the same checklist, the same risk and the same daily stop you used to pass phase 1.

Losses in a row before the floor

Step 2 of 5

Size for the streak, not the target

Pick your risk per trade from the number of losses you can absorb. On the 2-Step:

Risk per trade	Losses to the daily floor	Losses to the max-loss floor
0.25%	20	40
0.5%	10	20
1%	5	10

Then size from the stop. With $50 of risk and a 25-pip stop on EURUSD at about $10 per pip per lot: $50 ÷ (25 × $10) = 0.20 lots.

If your stop needs to be wider, the lot size gets smaller and the dollar risk stays the same. That is the whole point: the market decides where the stop goes, and your risk rule decides the size.

InteractiveTry it: your losing-streak budgetPick a risk per trade and see how many losses in a row the 2-Step floor allows.

Step 3 of 5

A simple phase 2 plan

Fix risk at 0.25–0.5% per trade and keep it there.
Set a personal daily stop at half the daily limit: about $250 on $10,000.
Expect a pace, not a sprint: at 0.5% a day the target takes about 10 trading days.
Close trades before the 17:00 New York time reset when you can, so each good day counts cleanly.
Do not raise risk as you get close. The last part of the target is where late breaches happen.

Step 4 of 5

Common ways phase 2 goes wrong

Trying to finish in one day because the target looks small.
Holding over the weekend without the Weekend Holding add-on.
Opening a new FX or metal trade inside the 2-minute news window.
Letting an open loss run through the daily reset, so the new day starts with less room.
Sizing up after a loss to win it back.
Counting a green day as a profitable day without checking that it cleared $50 on $10,000.

Most of these share one cause: hurry. There is no time limit on phase 2, so the only cost of slowing down is a few more days.

Step 5 of 5

After phase 2

When both checks are met, the account is reviewed and you complete identity verification and the trader agreement in the MyFundedCapital Dashboard. The funded account has no target. The same floors apply, plus a 35% consistency rule. Your first payout request opens 14 days after your first funded trade.

Free toolPosition size calculatorEnter risk and stop distance and get the size.

Recap

Phase 2 target: 5%, plus 3 profitable days. No time limit.
The floors stay the same while the target shrinks, so lower risk per trade still gets you there.
At 0.5% risk, 20 losses in a row would reach the max-loss floor from the start.

Check yourself

0 / 3

1On a $10,000 phase 2 account, how much profit is the target?

2At 1% risk per trade, how many losses in a row reach the max-loss floor from the start?

3Does the max-loss floor move up during phase 2?

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How do you pass phase 2 of the 2-Step Challenge?