At Goat Funded Trader, we offer three evaluation options for the two steps evaluations. Please see the different rules below, which includes the classic, no time limit and Goat evaluations.
1- Goat and No Time Limit Evaluations:
We maintain a maximum Overall Drawdown of 10%.
The maximum overall drawdown is calculated using the starting balance of your evaluation or simulated funded account size.
Example: If your account size balance was $100,000, your account would violate the maximum overall drawdown limit if your equity reached $90,000.
This 10% maximum overall drawdown rule remains the same throughout the evaluation process and in simulated funded accounts.
This 10% does not change. In this example if you have gained $5,000 in profit on the $100,000 account, your overall drawdown limit would still be set at $90,000. This rule applies for evaluation and simulated funded accounts.
2- Classic Evaluation:
If you purchased before March 7th, 2024, the overall Drawdown is 10% as the Goat Evaluation.
If you purchased after March 7th, 2024, we maintain a maximum Overall Drawdown of 8%.
The maximum overall drawdown is calculated using the starting balance of your evaluation or simulated funded account size.
Example: If your account size balance was $100,000, your account would violate the maximum overall drawdown limit if your equity reached $92,000.
This 8% maximum overall drawdown rule remains the same throughout the evaluation process and in simulated funded accounts.
This 8% does not change. In this example if you have gained $5,000 in profit on the $100,000 account, your overall drawdown limit would still be set at $92,000. This rule applies for evaluation and simulated funded accounts.
3- Swing Plus Evaluation:
We maintain a maximum Overall Drawdown of 12%.
The maximum overall drawdown is calculated using the starting balance of your evaluation or simulated funded account size.
Example: If your account size balance was $100,000, your account would violate the maximum overall drawdown limit if your equity reached $88,000.
This 12% maximum overall drawdown rule remains the same throughout the evaluation process and in simulated funded accounts.
This 12% does not change. In this example if you have gained $5,000 in profit on the $100,000 account, your overall drawdown limit would still be set at $88,000. This rule applies for evaluation and simulated funded accounts.