Part 4 · lesson 1 of 3

You put the exit where the idea dies, then work out the size.

About 6 minutes.

Whose numbers these are

You have not picked a firm yet. So the figures below come from one firm’s published rules. Each one is named and dated where it appears. Pick a firm and the same lesson runs on your own numbers.

One decision, worked throughWhere the exit goes, and what the size follows from — Evidence: strongArithmetic on the firm’s published figure — no estimate involved · read 2026-07-14

The ordering law, one step at a time

Highest point reached: $50,260. What the account is worth now: $50,090.

  1. The line first: the best the account has been, less $2,000 The account closes if the balance falls $2,000 below the highest point it has ever reached.Apex Trader Funding $50K evaluation, floor moves on every new high — published rules read 2026-07-14, spec 1.2.0. $48,260
  2. Then the room left today, which is what everything below is spent from. $1,830
  3. Now the exit, from the chart and not from the budget. Only then the size, which is whatever makes that exit cost what you decided.

Later in the course these steps arrive with more of the working removed, and you write it.

That is the end of this one.

Next: You watch a winner you kept holding move the line up.