Minimum 5 Trading Days | No Maximum
Minimum 5 Trading Days | No Maximum Required
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Minimum 5 Trading Days | No Maximum Required
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Trading must be demonstrated on at least 5 trading days (Market Hours).
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To qualify as a trading day the account must be actively traded.
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In the Evaluation Phase there is no maximum limit on the number of days allowed to trade, you can take as long as you need to reach your profit target goal.
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All 5 days of activity must occur on the same account number that met the profit target.
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Multiple account numbers cannot be combined to achieve the 5 trading days. i.e. 2 days with ERN000907-002 and 3 days with ERN000907-003.
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What happens if I reach my profit goal in 3 days? Do I have to keep trading? Answer is Yes
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What about Resets? When resetting my account, do the previous trading day’s count? Answer is No
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What is considered a trading day? Answer is EARNMAX considers Trading Days as Market Days not Calendar Days.
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When does the clock start ticking on my new account? Answer is Once you submit the purchase.
Due to our extremely short, one step Evaluation process, we require you to display your skill and demonstrate your ability to stick to your trade plan, on at least 5 individual Market trading days.
"This does NOT mean a stretch of 5 calendar days" You do not need to trade every day or consecutively.
It means that on at least 5 different days, you placed or held active trades. Reaching your profit target in 1, or only several trading days, does not provide us enough information.
Consistency Guideline
Potentially hitting a profit target in a short span, could be luck.
A day later, one could be unlucky. EARNMAX is looking for a traders ability to manage risk, stick to a trade plan, demonstrate their strategy and measure consistency.
Market conditions change so you’re not required to trade every day. You can take as many weeks or months to reach your goal as long as you have 5 individual days of activity (the Evaluation subscription accounts remain active until you cancel).
Trade wise, selective, and patient.
I hit my goal early, how should I trade my remaining days?
EARNMAX has made our case for needing to see you demonstrate your skill and trade plan on 5 individual trading days.
But we understand the wisdom of risk management if you have reached the required target.
It’s acceptable to lower your contract sizing or switch to Micro contracts.
This allows you to continue to take your normal set ups with profit targets, stop losses, and demonstrate to us your usual trade plan and strategy on the remaining days.
Placing a single trade for a tick or two to accrue a required day is not what we are looking for.
What about Resets?
If you hit your max loss and reset your account, your Initial Balance is reinstated. The expiration date of your subscription remains on the same schedule to auto renew every 30 days. At this point you would need to both reach the full required profit target with at least 5 more days of activity without failing the account. Former days of activity before a reset are not considered in your new evaluation account.
What is considered a ‘Day’?
A day is considered by the first Market open, to the last Market close.
18:00 Est until 17:00 Est (Asian market open until US market close). There could be trades with time stamps from two different dates, but they may count as only ONE day of active trading for EARNMAX's purposes.
Example, a trader in the USA takes a trade Sunday evening during the Asian market, and another on Monday during the New York session. This is still considered the same Market day and counts as only 1 trading day.
Your Evaluation begins the moment you submit the purchase.