Gauntlet Mini™ candidates must adhere to a disciplined trading plan that incorporates the following rules. It is important to note that any deviation from the rules will result in an inability to receive an offer unless the program is restarted through a reset.
Trade a minimum of 10 trading days*
Do not reach or dip below the daily loss.
Do not exceed the maximum position size (progression ladder).
Do not reach or dip below the minimum account balance (EOD Drawdown)
Only trade during approved times.
* Please note that the reduction of the evaluation period from 15 to 10 trading days is effective from April 1, 2024. Active subscriptions purchased before the effective date are not subject to this update and will maintain the original 15-day evaluation period, even if reset/ rebilled.
Copytraders are not allowed.
For further details, please read each rule carefully on the links provided above.
The EOD Drawdown rule has been in effect on Gauntlet Mini™ attempts started on and after July 1, 2021 and it applies to resets and new evaluations alike.
The "Maintain Consistency" rule has been in effect on Gauntlet Mini™ attempts started on and after April 1, 2020 and it applies to resets and new evaluations alike.
All rules, including trailing, use closed and open equity intraday.