The consistency rule is required to pass the level 1 and level 2 of the challenges. Once a trader has proven their consistency in the challenge we remove that rule in Levels 3 and 4. The consistency rule measures your ability to make consistent profits. To pass Level 1 and 2 of the BullRush A Book Challenge, your best profitable day must not be greater than 40% of your total profits. If you do have a single day that is greater than 40% of your total profits, and have met the profit target, then you will need to continue trading until that percentage is below 40%.
Calculation
Best Profitable Day ÷ Total Profits *100 = Best Day % of Total Profit
Example:
On a $100k account, a trader achieves an 8% return on their first day, and a 2% return on their second day. This would be 8,000 /10,000 * 100 = 80%. Because this is over 40%, even though the trader has achieved the 10% target, they will need to continue to trade to get the 80% below 40%.
So, on day 3 the trader continues to trade and returns $5,000 in profits bringing their total profits to $15,000. The new calculation at this point is 8,000 / 15,000 * 100 = 53.3%. The trader still is over the 40% threshold and would need to continue to generate profits.
So, on day 4 the trader continues to trade and returns another $5,000 bringing their total profits to $20,000. The new calculation at this point is 8,000 / 20,000 * 100 = 40%.
At this point the trader has achieved the consistency target and will have passed the challenge.
Another more simple example is on a $100k account with a 10% profit target the trader trades for 3 days. Each day they return $3,335, thus hitting their 10% profit target, as well as their consistency target. This is because their largest profitable day was below the 40% consistency.