What are the consistency rules at Ylos Trading?

What are the consistency rules at Ylos Trading?

At Ylos Trading, consistency is a central component for the success and sustainability of trading operations, especially for Master accounts. Here are the main consistency rules traders must follow:

  • Minimum Trading Days:
    • Traders must operate for at least 10 days. This ensures the trader is actively engaged with the market and not just waiting for specific favorable movements.
  • Minimum Winning Days:
    • Within those 10 trading days, at least 7 must be winners. A winning day is defined as one that ends with a net gain of at least $50.00. This promotes a consistent and profitable approach, encouraging strategies that aim for regular gains rather than high-risk, high-reward plays.
  • 40% Rule:
    • No single day can have a profit exceeding 40% of the account's total profit. This rule resets after each withdrawal request, encouraging prudent risk management and avoiding traders betting everything on one operation.
  • Consistency in Contract Use:
    • Adjustments in contracts are allowed for market adaptation but not for "all-in" strategies or just to count the day as operated. This ensures traders operate with a consistent and planned volume, reflecting a realistic market strategy.
  • Risk vs. Return:
    • An operation should not have an expected loss greater than 5 times the median of winning operations. This promotes consistency by balancing risk with potential return.
  • Hedging and Flipping:
    • It is prohibited to hold opposing positions in different accounts simultaneously or to operate differently just to count the day as operated. This ensures traders maintain a coherent strategy and do not manipulate their trading results.
  • All In (Gambling):
    • It is forbidden to operate at the account's maximum limit hoping for a quick favorable movement. This rule prevents behaviors of excessive risk that are not sustainable in the long term.
  • Inactivity:
    • A trader cannot go more than 30 days without trading, under penalty of account cancellation. This ensures continuous and consistent engagement with the market.

These rules are designed to promote a disciplined, sustainable, and consistent trading practice, allowing both traders and Ylos Trading to benefit from a safe and productive trading environment.