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Elite Daily – Profit Target (Evaluation)

Updated over a week ago

Elite Daily – Profit Target (Evaluation)

The Profit Target defines the amount of net profit required to successfully pass the Elite Daily evaluation.

Elite Daily is a one phase evaluation model, meaning you only need to reach one profit target to qualify for funding.


Profit Target by Account Size

$25,000 Account: $1,500 (6%)
$50,000 Account: $3,000 (6%)
$100,000 Account: $6,000 (6%)


How the Profit Target Works

  • The target is based on the starting balance

  • The required profit is 6%

  • Profit must be based on closed PnL

  • Floating profits do not count

  • All trades must be closed for the account to be reviewed


Important: 45% Consistency Rule Still Applies

Although there is no minimum day requirement, the 45% Consistency Rule must still be respected.

This means:

No single trading day may account for more than 45% of your total profit at the time of passing.


Example – $50K Account

Starting Balance: $50,000
Profit Target: $3,000

If you generate:

Day 1: $2,000
Day 2: $1,000

Total = $3,000 → Target reached

Check consistency:

Largest day = $2,000
$2,000 ÷ $3,000 = 66%

This would not meet the 45% rule.

You would need to continue trading to distribute profits more evenly.


Example – Compliant

Day 1: $1,200
Day 2: $1,000
Day 3: $800

Largest day = $1,200
$1,200 ÷ $3,000 = 40%

This passes both the profit target and the consistency requirement.


Important Notes

  • Profit must be closed

  • 45% consistency is checked at time of review

  • DLL and MLL rules must also be respected

  • Sim Funded accounts do not have a profit target

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