If you fail a challenge at CoveFunded, the following typically occurs:
- Evaluation Review: CoveFunded will review your performance against the challenge’s criteria, including profit targets, risk management, and adherence to rules.
- Feedback: You may receive feedback on why the challenge was not passed, which can include details about rule violations or missed targets.
- Re-application: You can often reapply for another challenge, either with the same or a different model, depending on CoveFunded’s policies. This may involve paying a new fee or following specific re-application procedures.
- Learning Opportunity: Failure can be used as a learning opportunity to improve trading strategies and risk management skills before attempting another challenge.
