Smart Prop Trader shares Pro Challenge, targeting seasoned traders aiming to augment their trading.
Smart Prop Trader shares Pro Challenge, targeting seasoned traders aiming to augment their trading.
Smart Prop Trader (SPT) has shared its new challenge, the Pro Challenge, targeting seasoned traders aiming to augment their trading capital while mitigating drawdown risks. This challenge introduces a crafted framework with parameters designed to elevate trading performance.
Central to the Pro Challenge is its emphasis on risk management. Traders are bound by a maximum drawdown limit of 12% and a daily drawdown cap of 5%, ensuring stability and resilience in the face of market volatility. Moreover, the program sets targets, with Phase 1 and Phase 2 objectives of 8% and 5%, respectively.
One of the most important objectives of the Pro Challenge is the substantial increase in maximum base capital. With an additional $400,000 allocated, traders can now access a total of $800,000, expanding their capacity for scaling and profit. This infusion of capital, coupled with a profit split of up to 95%, shows SPT’s commitment to rewarding traders for their expertise and performance.
Flexibility lies at the core of the Pro Challenge, with no minimum or maximum time limits imposed on participants. Traders are afforded the freedom to operate at their own pace.
Furthermore, there are no profit caps, enabling traders to capitalize on favorable market conditions without restriction fully. Also, Smart Prop Trader welcomes traders from all corners of the globe to participate in the Pro Challenge. This global outreach fosters a diverse community of trading professionals, enriching collaboration and knowledge exchange.
The launch of the Pro Challenge heralds a new era of opportunity and advancement in the prop trading landscape. By empowering professional traders with enhanced capital, flexible parameters, and global accessibility, SPT reaffirms its commitment to driving excellence and innovation in the prop industry.
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