Scaling a funded trader

• The maximum position limit scales by 1 lot for every $2000 in profits you have in your 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 is funded these limits get mapped to the funded trading account they have qualified for.

For example, if you take and pass our 50k evaluation, you get a 5 lot contract maximum position limit (50 lot Micros) in the funded account.

The maximum position limit can scale by 1 lot for every $2000 in profits you have in your 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.