Hey Uprofiter! 🚀
To trade a Live Account you need to take the following into account 👇
Markets and opening hours:
Remember that you need to trade within the established trading hours.⏰The market opens at 6:00 PM ET on Sundays and closes at 4:10 PM ET on Fridays, with a daily maintenance window from 4:10 PM ET to 6:00 PM ET.
📢 Please keep in mind all trades must be closed by 4:10 PM ET.
🖇️ Traders can operate products within CME, NYMEX, COMEX, and CBOT.
Minimum trading volume:
Please note that the minimum volume is 1 trade per week. (Consider an operation as a completed trade, entry, and exit either in a purchase or a sale.)
A trading week begins on Sunday at 6:00 PM ET and ends on Friday at 4:10 PM ET.
Scaling contracts:
In order to increase your profitability while actively keeping your risk under control, you will gradually scale up 🧗the number of contracts you can operate.
📌 Please remember that we use your current account balance, including any open and closed intraday equity. If you select too many contracts for your account size, you´ll be breaking the rules⛔.
Here is the path to follow to increase contracts:
25K Account:
🖇️$0 - $1,500 = 2 contracts Max
🖇️$1,501- $2,500 = 3 contracts Max
🖇️$2,501 = 4 contracts Max
50K Account:
🖇️$0 – $1,500 = 2 Contracts Max
🖇️$1,501 - $4,000 = 4 Contracts Max
🖇️After $4,000 = 6 Contracts Max
100K Account:
🖇️$0 - $2,000 = 3 Contracts Max
🖇️$2,001 - $3,000 = 4 Contracts Max
🖇️$3,001 - $5,000 = 6 Contracts Max
🖇️After $5,001 = 12 Contracts Max
200K Account:
🖇️$0 - $2,000 = 3 Contracts Max
🖇️$2,001 - $3,000 = 4 Contracts Max
🖇️$3,001 - $5,000 = 6 Contracts Max
🖇️$5,001 - $8,000 = 12 Contracts Max
🖇️After $8,001 = 20 Contracts Max
Maximum number of Micro E-Mini contracts:
9K Account= 5 Micro E-Mini
25K Account= 20 Micro E-Mini
50K Account= 30 Micro E-Mini
100K Account= 50 Micro E-Mini
200K Account= 80 Micro E-Mini
📌10 E-Micro equals 1 E-Mini contract.
Daily Loss Limit:
We have set a daily loss limit for each account based on its size. This ensures proper risk management.
Pro Drawdown:
The Pro Drawdown only takes into account your profits at the end of the trading day and is updated when your account balance reaches a new high at the end of any trading day.
What happens if I violate a risk management rule⛔?
If you violate any risk management rule, the account will be closed immediately. You will then need to demonstrate through a new evaluation that you have the ability to properly operate within the required parameters.
Take a look at this info🔎
What do I need to trade a Uprofit Live Account?
