What is the consistency rule?
SF Traders need to demonstrate consistency by presenting a solid simulated trading history that reflects strong risk management practices.
Rather than chasing reckless gains, they should show emotional discipline and steady performance, distinguishing themselves from risk takers or traders relying on luck.
Your Sway Funded client portal helps you track rewards and targets to ensure they align with the consistency rule. If your trading day goes beyond the set limit, there’s no need to worry, your challenge won’t fail. Instead, your target levels will automatically adjust.
The consistency rule applies only to the Instant Account Challenge. To meet this requirement, no single trading day may account for 20% or more of the account’s total profit.
Calculations on the Dashboard (Formula)
Step Targets:
- 8% profit target = 55% reward
- 12% profit target = 65% reward
- 16% profit target = 75% reward
Formulas:
Consistency LimitProfit Target * (Consistency% / 100)
Profit consistency (20%)(Best Trading Day / Current Profit) * 100
When purchasing the instant funding challenge of $10,000, the consistency rule is set at 20%. This means that no single trading day should account for more than 20% of the total profit of the account. In this case $2000 profit.
For example, if a $10,000 account generates a 10% reward ($1,000), the trader qualifies for the 8% step, receiving 55% of $800, a rewrad of $440.