Part 1 · lesson 1 of 3

You find out what really ended the last one.

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.

Say what you think firstWhat actually ends an evaluation, as arithmetic — Evidence: strongFirms’ own published rule pages plus the R1 failure review, pattern corroborated · read 2026-07-30

Think about the last account that ended. Was it ended by picking the wrong direction, or by the size you were holding when you were wrong?

The direction — I was wrong too oftenThe size — being wrong cost more than the room allowed

How sure are you?50% sure

Work it out with your own numbersWhat actually ends an evaluation, as arithmetic — Evidence: strongFirms’ own published rule pages plus the R1 failure review, pattern corroborated · read 2026-07-30

How many losing trades fit in the room you had

What you put at risk on one trade, in dollars

With $150 at risk each time, the account can be wrong 13 times in a row before it runs out of room. At $300 it is 6.

Apex Trader Funding $50K evaluation, floor moves on every new high — published rules read 2026-07-14, spec 1.2.0