A Solo Campaign is a one-step evaluation process tailored to assess a trader's proficiency in achieving growth and managing risk within a simulated trading environment. This streamlined evaluation focuses on a single, comprehensive phase with defined objectives:
1. Growth Target: Participants are tasked with achieving a 10% growth target. This objective is designed without a time limit, allowing traders the flexibility to reach the target at their pace while adhering to the campaign's risk management criteria.
2. Risk Management Parameters: The campaign enforces a daily loss limit of 5% and a maximum static drawdown of 6% based on the initial account balance, emphasizing the importance of prudent risk management throughout the trading activity.
3. Leverage and Trading Conditions: Traders have access to leverage of up to 1:50, enhancing their capability to scale positions within the confines of risk parameters. There is no limit on the maximum number of open lots, albeit subject to the broker's policies, thus affording traders significant flexibility in executing their strategies.
4. Trading Requirements and Restrictions: A minimum of 4 trading days is required, ensuring that traders demonstrate consistency over multiple sessions. The campaign does not necessitate the use of a stop loss, granting traders the discretion to manage risk as per their individual strategies. Moreover, the use of Expert Advisors (EAs) is permitted, allowing for the automation of trading strategies within the guidelines and avoiding prohibited practices.
5. Performance Rewards and Progression: Successful completion of the growth target entitles traders to an 80% performance reward, with the potential to increase up to 90% based on performance and adherence to the campaign's terms.
6. Activity and Inactivity: Traders must not exceed a 30-day inactivity period to avoid account deactivation, highlighting the importance of regular engagement. Reactivation requires direct communication with support services.
The Solo Campaign is meticulously designed to mirror real trading scenarios, incorporating elements like leverage, the absence of time limits for target achievement, and the requirement for traders to manifest both growth and effective risk management. It offers a straightforward, one-step pathway for traders to prove their trading acumen and discipline in a simulated yet realistic trading environment.