Funded Challenge

What it teaches

Sizing so the rules survive a bad week, and what the pass-rate maths really says.

• A daily loss limit is a constraint on size before it is anything else.
• Size the day, not the trade: every planned loss together has to fit.
• A loss is not a reason to trade bigger, and neither is spare room.
• Reading a pass rate as a distribution, linked to risk and position sizing.

How a round plays

1. The plan card states the rules: all of today's planned losses must fit inside the room left today, and a losing streak must fit above the floor.
2. At each decision, read the account: room left today, room to the floor, trades planned, and how the last trade went.
3. Set the risk per trade so that every rule on the card holds, or stop for the day when even the smallest trade breaks one.
4. The day then plays out in fast-forward. After a loss the plan does not let you raise the risk.
5. A run is eight decisions across the 20 days and takes about five minutes. The pass-rate maths is shown as it is.

How it is graded

You are graded on the sizing at each decision against the plan card: inside the daily room, inside the room to the floor for a losing streak, not raised after a loss, and not above the largest trade the plan allows. Whether the trades won, and whether the target was reached, is never graded.