Prop firms
How to Pass a Futures Prop Firm Evaluation
Most evaluations aren't lost to a bad strategy. They're lost to sizing that doesn't fit the drawdown, and to one bad day that turns into a closed account. Topstep's help center puts it bluntly: "Over 63% of traders have lost account in a single day." (Topstep)
This guide is a risk-first plan. It won't make a losing strategy pass, and nothing does reliably. It will stop a workable strategy from failing on avoidable mistakes.
Step 1: Write down the rules that can end the account
Before your first trade, fill this in from your firm's current rulebook:
| Rule | Your number |
|---|---|
| Max drawdown ($) and type (EOD trailing / intraday trailing / static) | |
| Where the drawdown locks | |
| Daily loss limit (and whether it fails the account or just pauses it) | |
| Profit target | |
| Consistency rule (best day ≤ X% of what?) | |
| Max contracts (and micro:mini ratio) | |
| Minimum days / time limit | |
| News, overnight and close-by times |
Two examples of how much this varies (checked 14 Oct 2026): - Topstep Trading Combine: one rule (don't hit the Maximum Loss Limit) and two objectives (profit target, and best day below 55% of the target). "You can pass in as few as two days." (Topstep) - Apex evaluations: 30-day access, "no minimum number of trading days," consistency "Not Applied" in the evaluation; EOD and intraday-trailing versions. (Apex EOD, Apex Intraday)
Step 2: Treat the drawdown as your account size
A "50K" account with a $2,000 max loss is a $2,000 account for risk purposes. Size everything from that number.
Step 3: Set your own daily stop below the firm's
If the firm's daily limit is $1,000, a personal stop of $300–$500 means a bad day costs a fraction of your room, not half of it. Where your platform supports it, make it a hard lock you can't override mid-session (TopstepX, for example, has a Daily Risk Lock and Lockout in Risk Settings).
Step 4: Size each trade from the daily stop
Per-trade risk = daily stop ÷ number of losers you'll accept in a day. With a $400 daily stop and two losers allowed, risk $200 per trade, then convert to contracts:
Contracts = $200 ÷ (stop ticks × tick value + fees)
A 20-point NQ stop is $400 per contract, too big. On MNQ it's about $41 with fees, so 4 contracts. (Position size calculator)
Step 5: Respect the trailing floor, especially intraday
On intraday trailing accounts, open profit raises your floor. A trade that runs +$1,000 and comes back to +$200 has cost you $800 of room. Consider taking partials or tightening stops once a trade has moved, and check your floor daily with the trailing drawdown calculator.
Step 6: Plan around the consistency rule
If a rule caps your best day, a huge day can delay a pass. On a Topstep 50K Combine ($3,000 target) Topstep recommends keeping your best day under $1,650; go over and the target becomes best day ÷ 0.55. (Topstep) Use a daily profit stop as well as a loss stop. (Consistency calculator)
Step 7: Don't race the clock
Where there's no minimum-day requirement, passing in one day is possible, but it usually means sizing that would also fail in one day. A plan of small, repeatable days takes longer and survives variance.
Step 8: Journal every day
Record P&L, max adverse excursion, rule-breaks and whether you followed your stop. Patterns show up fast: time of day, revenge trades after a loss, oversizing after a win.
A worked 50K plan (illustrative)
- Max drawdown: $2,000 (EOD trailing, locks at start). Profit target: $3,000. Best-day limit: e.g. $1,650 (55%) or $1,500 (50%), depending on the firm.
- Personal daily stop: $400. Per-trade risk: $200. Daily profit stop: $800.
- Instrument: MNQ, 3–4 contracts on a ~20-point stop.
- Math: at +$300 on a typical green day, the target takes ~10 green days; two full red days cost $800, leaving $1,200 of room.
The point isn't the numbers; it's that every limit is set before the session, from the rules.
Running more than one evaluation
If you trade several evaluations at once, the same plan applies per account. A copier mirrors your trades, so every account has its big day and its bad day together. Per-account daily loss limits and max-contracts caps matter more, not less. See managing multiple prop evaluations.
Questions people ask
How long does it take to pass a prop firm evaluation?
It depends on the target, your sizing and the firm's minimum days. Topstep says the Combine can be passed in as few as two days; Apex has no minimum. Sizing for survival usually means a few weeks.
Can you pass a prop firm evaluation in one day?
At firms with no minimum-day rule, yes (Apex lists this). At Topstep, no: the minimum is two days.
What's the most common reason people fail?
Losing too much in a single day, relative to the drawdown. Topstep says over 63% of traders have lost an account in a single day.
Should I trade micros or minis in an evaluation?
Micros let you size precisely to a small risk budget. One NQ point is $20; one MNQ point is $2.
Is it better to have a daily loss limit?
A daily limit, yours or the firm's, stops one session from taking the whole drawdown. At Topstep, hitting the DLL is a pause, not a violation.
Can I use a trade copier during an evaluation?
Many firms allow copying between your own accounts; rules differ. See copy-trading rules by firm.
Sources (checked 14 Oct 2026)
- Topstep: Trading Combine Parameters
- Topstep: Daily Loss Limit
- Topstep: TopstepX (Risk Settings: Daily Risk Lock, Lockout)
- Apex: EOD Evaluations · Apex: Intraday Evaluations
Put your daily stop on every account, not just the one you're watching.
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