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.
Important: although there is no minimum day requirement, the 40% Consistency Rule must still be respected. No single trading day may account for more than 40% of your total profit at the time of passing.
Profit Target by Account Size
Account size | Profit target |
$25,000 | $1,500 (6%) |
$50,000 | $3,000 (6%) |
$100,000 | $6,000 (6%) |
$150,000 | $9,000 (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
40% Consistency Rule Still Applies
Although there is no minimum day requirement, the 40% Consistency Rule must still be respected: no single trading day may account for more than 40% of your total profit at the time of passing. See Elite Daily V2 – 40% Consistency Target (Evaluation Only) for the full details.
Example: $50K Account (Not Compliant)
Day | Profit |
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 40% rule. You would need to continue trading to distribute profits more evenly.
Example: Compliant
Day | Profit |
Day 1 | $1,200 |
Day 2 | $1,000 |
Day 3 | $800 |
Total | $3,000 |
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
40% consistency is checked at time of review
DLL and MLL rules must also be respected
Sim Funded accounts do not have a profit target