There are no consistency rules for evaluations. But PA and Live accounts do have Consistency Rules that can be seen below.

Note: For PA and Live Funded Accounts, we are not looking for gamblers, lucky traders, windfall traders, or those looking to “work the system”. We are not looking to fund and payout traders looking to implement “withdrawal strategies” to “work the system” to meet minimum days required, or those who attempt to scam or defraud the Company by any means including those listed below and rules and guidelines of the PA / Live Account. We are looking for traders with a trading system, not a withdrawal system or get rich quick system that puts company funds at unnecessary risk.

Edmond  Trader Funding is a partnership and we are looking to partner with reputable traders that are also looking to trade a consistent plan with consistent size and can steadily grow their account. Trader funding and paid performance is designed to be a long-term relationship of consistency and steady growth for both parties.

 

What we ARE Looking for in PA and Live Accounts:

Traders with a set, disciplined, consistent Trading System. A trading system consist of exact set rules for entries, initial stops, take profits, trailing methods, and exits. Traders that have mastered this system and have discipline and consistency and follow a day-to-day trading plan. Not erratic, not shooting for lucky windfall trades and putting Edmond funds at risk without a system and good risk management behind it. Not changing and hopping from strategy to strategy with no direction.

Traders that are consistent with trading system, size, days traded and risk management.

Edmond Trader Funding is a partnership, we are looking for traders who trade a consistent plan with consistent size and can steadily grow their account. Not traders that have massive huge days, and then barely trade or attempt to “flip contracts” just to rack up days and get to a withdrawal. This is a “withdrawal strategy” not a trading strategy. This is why we also have the 30% profit rule and the 20% flipping rule as you will see more below.

Trader understands Company is seeking “to fund and payout” traders who follow a consistent trading plan in size, stops, and targets. This means not trading max or larger than usual contracts on one trade, seeking “lucky windfalls” while trading micros the rest of the time, or flipping contracts just to show a “trading day”, not constantly changing sizes, not dollar cost averaging when market is going against them, not doing high-frequency trading, and being consistent in the trading plan, including your entries, stops, and take profits. Trader funding and paid performance is designed to be a long-term relationship of consistency and steady growth for both parties. Company is seeking to fund traders, not gamblers. At the time of withdrawal request, the balance in the account cannot consist of more than 30% of profit balance being from one single trading day. This is in place to discourage that type of erratic, windfall, high-risk, all-in style trading and encourage long term consistency. If the profit balance is more than 30% from a single trading day, no big deal, very simple, just continue trading consistently with your day-to-day trading plan until that % is no longer the case and request on the next available payout date.

NOTE: The 30% Rule is NOT a hard and fast rule, blanket across the board. This is meant to combat schemes, get rich quick withdrawal strategies, erratic and lucky windfall trading attempts, and to encourage consistency of following a system. This is not in place to hinder a trader with a consistent trading history that had a large day and caught a runner while following their system. A trader who is consistent in following a strategy will often catch runners and have large days. We desire and encourage this. This rule is in place for windfall traders and flippers, no for consistent traders that caught a runner.  Consistent traders that follow exact, set rules of entry and trail are far more likely to catch runners and have big days as opposed to erratic windfall traders that hop from one to other trying for a lucky windfall.

There is a big difference. We encourage and desire consistent traders and big days, following a system.

We do not desire windfall trader or flippers, the 30% rule is in place for this type of trading. See video below for examples.

Company is not looking for traders to take big risks with company funds in order to shoot for a lucky huge day, then to stop trading or flip just to ride out trading days for a withdrawal. This is not the purpose of Trader Funding nor a partnership we will to pursue. Putting company funds at risk in order to attain potential lucky windfalls is a risk tolerance not acceptable to Edmond. Some traders blow through many accounts just in a attempt to risk it all and “win big” then run. Purposely and irresponsibly blowing multiple company accounts in an attempt for a ” lottery style” lucky windfall in not the purpose or intent of trader funding. You would not want your funds traded this way either, if you were funding a trader yourself, very simple.

We are looking for consistent and disciplined traders that have an actual trade system, not a ” bet it all and hope to be lucky” system. Traders shall have a defined strategy or system that has set rules for entry, stops, targets, trailing and use these rules consistently and with discipline. Trading a normal day to day system that is set, tracked and explainable upon request. News trading, chasing the market, taking advantage of breakouts with no system, morning open, any attempt for “windfalls” without following a strict, set, systematic trading strategy that is traded normal day to day in the account is prohibited and any amounts accumulated during prohibited times or trades will be removed the account as outline in the PA Consistency section and video series found on the Company website FAQ section.

Traders that go all in looking for windfall trades or to rack up funds quickly and have a history of constantly blowing Company accounts and funds may be restricted in the future of having more PA accounts or limited to a number of PA accounts until steady consistency is shown. Traders going for constant windfalls and “blowing” PA accounts as opposed to following disciplined and steady trading

systems do not create a “relationship of consistency and steady growth for both parties” as stated above.

Company only seeks traders that are using an actual consistent trading system or strategyNot a “withdrawal strategy”, windfall strategy, news strategy, group strategy or any other strategy that attempts to put Company funds at risk outside of a consistent day to day proven strategy.

Having large trading day / days, then only “flipping” contracts in an attempt to meet the minimum required days to request a withdrawal is prohibited and will result in a denial of payout request until consistency is shown. A trader may not have more than 20% of trading days that could be defined as flipping of any kind. Company is seeking consistent, day to day trading systems, not erratic trading, jumping from system to system, or working the system to reach a payout request date and just flipping contracts or placing a trade ” just to show a trade day”.

PA and Live Accounts must be traded by the actual individual listed on the account and PA Contract not by any other party or person.