PropFirmsClubUnderstand the rules that shape the program.
Start with how losses are measured, then read restrictions and payout conditions for the exact account stage.
Loss limits
Distinguish daily loss from overall loss, balance from equity, and static from trailing references. Check time zones, reset times, commissions and open positions.
Trading restrictions
Check news events, overnight or weekend positions, instruments, position sizes, permitted strategies and copy-trading restrictions. Keep evaluation and later-stage rules separate.
Conditions after evaluation
Passing is a milestone, not proof that every later condition is met. Read eligible days, consistency requirements, identity checks and payout limits before choosing.