Do I have to trade for a minimum number of days?

Yes, unless you purchase the Minimum Trading Days Waiver add-on. By default, you must place at least one trade on 5 separate calendar days. This ensures we can evaluate your consistency and commitment over time. The requirement helps us assess how well traders can manage risk, stick to strategies, and make profitable decisions regularly—not just in a short burst of activity.

Example:

If you hit the profit target in just 2 or 3 days, you still need to place a few more trades over 5 separate days to meet the 5-day minimum, unless you’ve purchased the waiver.

Why 5 Days?

The reason for the 5-day minimum is to evaluate a trader’s consistency and discipline over time.

Trading is a marathon, not a sprint. The goal is to ensure that the trader can manage risk and profitability on a consistent basis. By requiring trades to be made across different days, we are able to see how well a trader performs under various market conditions and whether their success is based on good strategy or mere luck.

Example of How You Can Reach the Profit Target in a Week

Let’s say you’re aiming for a 10% profit target, which, based on an initial account balance of $5,000, would be a $500 profit.

Trader C’s Scenario:
•    Account Balance: $5,000
•    Profit Target: 10% ($500)

Day 1:
Trader C places 3 orders, gaining $200 from a good trade on EUR/USD and $50 on GBP/USD. Total profit on Day 1 = $250.
Day 2:
Trader C places 1 order, a buy position on USD/JPY, which yields $100 in profit.
Day 3:
Trader C has 1 order on EUR/GBP, and the trade generates $50 profit.
Day 4:
Trader C takes a break and does not trade.
Day 5:
Trader C places another 1 trade, and it results in $200 profit on AUD/USD

In this case, Trader C would reach a total profit of $600 by the end of Day 5, surpassing the 10% profit target of $500. Even though the target was met in just 5 days, the trader is now compliant with the minimum 5-day rule for evaluation.

Key Points to Understand About Minimum Trading Days:

1. Trade Spread: The 5-day rule ensures that traders don’t rely on a single lucky trade to hit their profit target. It spreads the trading activity across multiple days, showing a more accurate reflection of a trader’s ability to handle market fluctuations and implement their strategies consistently.
2. Consistency: By requiring trades on different days, we ensure that the trader can maintain a profitable performance and is not just taking a few high-risk trades to meet the target quickly. We want to see day-to-day consistency and how well the trader adapts to different market conditions.
3. Avoiding Overtrading: This rule also prevents overtrading on a single day. For instance, a trader could technically hit the target in one day by making multiple trades, but we want to test if the trader can make consistent, strategic decisions over a longer period of time. This helps us identify those who can build sustainable, long-term success.

How to Track Your Progress:

You can track your daily progress directly on the MatchTrader dashboard in the Toolbar section or on the Pivex Dashboard. Your Pivex Dashboard will include all the important metrics for you to track, so all you need is to enter the platform and see how your portfolio changes by the time. 

This will allow you to see how your trades are adding up over time and ensure you’re meeting the 5-day minimum while staying within the required risk and profit parameters. 

In conclusion, the 5-day minimum is essential for evaluating your consistency, risk management, and adaptability. If you don’t meet the minimum or fail to trade on 5 separate days, you will not pass the challenge, so be sure to stay active and pace yourself through the process!