Self-operated trading does not require assessment? How does a self-operated company verify the trader’s ability?

For many proprietary traders, “assess first, then distribute profits” is a familiar process.

Traders usually need to first complete the profit and risk control goals set by the platform through a simulated account. After meeting the requirements, they can enter the subsequent trading and profit sharing stage.

This mechanism not only helps the platform screen trading capabilities, but also allows traders to prove their risk management and execution levels.

However, the assessment takes time after all. Once the account touches the risk control requirements during the process, it may need to be started again.

For many traders, the time cost caused by repeated verification has also become an issue that needs to be considered when participating in proprietary trading.

Because of this, EagleTrader has launched the Max mode that does not require multiple rounds of profit target assessments.

Enter the transaction and profit sharing stage faster

EagleTrader Max does not need to go through multiple rounds of profit target assessments.

After traders obtain an account, they can directly enter the trading stage and start their own transactions under Max rules.

For traders, the most immediate value of this change is time savings.

There is no need to complete a round of profit targets first and then wait to enter the next stage, and there is no need to deliberately change the original trading rhythm in order to “pass it as quickly as possible”.

After selecting Max, attention can return to the strategy execution itself earlier.

Whether you have many years of trading experience or are very confident in your trading methods, you can choose to be tested through subsequent account performance.

Although the path has become shorter, EagleTrader’s real concerns have not changed.

How does Max pattern test traders?

EagleTrader eliminates the need for multiple rounds of profit target assessments, but does not cancel the requirement for account performance.

After entering Max, traders still need to abide by clear risk boundaries. The maximum account drawdown must be controlled within 7%, and the maximum intraday drawdown must be controlled within 3%.

These rules will continue to apply to the account transaction process.

How to control positions and how to manage risks after losses will be directly reflected in account performance.

In addition to the retracement requirements, Max’s profit sharing conditions also play a role in further verifying trading performance.

Before applying for profit sharing, traders need to achieve the corresponding Eagle score and meet requirements such as number of transactions, profit consistency, and account cycle.

Among them, Eagle Score is EagleTrader’s original trading scoring system, which comprehensively analyzes trading performance from the four dimensions of professional skills, risk management, trading consistency, and trading experience.

The platform can use this to gain a more comprehensive understanding of traders’ account performance, and traders can also see their own strengths and areas that need adjustment through ratings.

In other words, Max only moved part of the verification that was originally concentrated in the pre-assessment stage into the subsequent account transactions and profit sharing process.

The platform no longer only judges traders based on their profit targets at a certain stage, but uses continuously generated account data to observe whether their trading performance meets Max requirements.

When is it more appropriate to choose Max?

Some traders do not object to assessment, but they just do not want to spend too much time repeatedly on stage verification.

When you already understand the rules of proprietary trading and want to enter account trading as soon as possible; or you have experienced multiple rounds of assessments in the past and prefer to leave your energy to actual strategy execution, Max mode will be more suitable for you.

The reason for choosing Max may not be “I am mature enough”, it may just be: I hope to wait less and prove myself earlier with actual trading performance.

What EagleTrader always hopes to do is to provide traders with more choices that suit them.

From traditional assessment to Max, what we constantly adjust is not the requirements for trading ability, but the way traders prove themselves.

Make the path more direct, keep the rules clear, and make every trading performance a part of your ability.

Leave more time for trading and more judgment for continuous performance.This is also the value EagleTrader Max hopes to bring.



Leave a Reply