The Consistency Rule at CoveFunded applies only to the challenge phases:

• 1-Phase Accounts: A 30% consistency rule.
• 2-Phase Accounts: A 60% consistency rule.

This rule ensures that traders demonstrate a consistent level of performance during the evaluation process.

Here are examples of how the Consistency Rule applies during the challenge phases at CoveFunded:

1-Phase Accounts (30% Consistency Rule)

Example: If you are required to achieve a 30% consistency rule, you need to maintain a 30% or higher profitability in your trading performtnce over a series of trades or a specific period within the challenge phase. This means your performance must be consistently positive to meet the evaluation criteria.

2-Phase Accounts (60% Consistency Rule)

Example: For a 2-Phase account with a 60% consistency rule, you must demonstrate that 60% of your trades or performance metrics are consistently positive during both the evaluation and verification phases. This higher threshold ensures a greater level of performance consistency across both phases of the challenge.

In both cases, consistency is measured to ensure that traders not only meet profit targets but also maintain stable performance.

The consistency rule ensures that a trader maintains a consistent level of performance during the evaluation phase.

The rule is that you should not make more than 60% of your total profit in a single trading day.

The exact value you see on your dashboard is calculated as:
consistency = (totalProfitOnBestDay / entireProfits) * 100%.

This value must be under 60% before you can advance to the next stage.

The rule applies to 1 phase accounts and the second phase of two phase and swing accounts.

Example: If you have a $10k account with a 10% Profit Target ($1000), then you shouldn’t make more than 60% of the Profit Target ($600) in a single day.
If you go over the 60% limit you will have to keep trading and making consistent profits until the consistency reduces back to 60%.