- On the evaluation we do not scale the maximum position size, the limits are fixed.
- For funded traders, we can scale your maximum position limit by 1 lot for every $2000 in profits you have in the trading account, up to a maximum of 25 lots.
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At TradeDay we give our traders fixed position limits during the evaluation.
When a trader gets funded, these limits are mapped to the trading account they have qualified for.
For example, if you take our 50k evaluation and pass, you will be given a 5 lot contract maximum position limit (50 lot Micros).
We will scale your maximum position limit by 1 lot for every $2000 in profits you have in the trading account, up to a maximum of 25 lots.
After this amount scaling will be at the discretion of the trading team.
For example, if you graduate from the 50K evaluation:
Profits in the trading account are $0 = 5 lot max position limit
Profits in the trading account are $2000 = 6 lot max position limit
Profits in the trading account are $10,000 = 10 lot max position limit
Position limits are adjusted at the EOD, 5:30 pm CT, and are adjusted down to reflect trading losses or profit withdrawals.
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