Complete breakdown of all evaluation phases and trading rules
Understanding Topstep's rules is the difference between passing and failing. Below is every rule across all 2 phases, with tips on how PropJournal helps you stay compliant.
| Phase | Daily Loss | Max Drawdown | DD Type | Profit Target | Min Days | Consistency |
|---|---|---|---|---|---|---|
| Evaluation | $1,000–$4,500 | $2,000–$9,000 | Trailing (intraday) | $3,000–$9,000 | — | Scaling plan |
| Funded | $1,000–$4,500 | $2,000–$9,000 | Trailing → EOD | — | — | Scaling plan |
Topstep sets a $1,000–$4,500 daily loss limit calculated using trailing (intraday) methodology. Exceeding this on any single day results in immediate account termination. PropJournal sends alerts at 70% and 90% of your daily limit.
The overall max drawdown is $2,000–$9,000 (Trailing (intraday)). This means the drawdown threshold moves up as your equity grows — it never moves back down.
Evaluation: $3,000–$9,000. Funded: —. PropJournal shows your progress toward the target with a visual tracker and estimated completion date based on your current pace.
Consistency requirement: Scaling plan. PropJournal calculates your consistency score daily and warns you if a trade would put you out of compliance.
PropJournal monitors every rule above in real-time and alerts you before violations. Free to start, no credit card required.
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