Prop Challenge Planner
Map a prop firm's profit target, daily loss limit and max drawdown against your risk per trade to see whether the plan is mathematically realistic — not whether you'll pass.
Most prop challenges aren't failed for lack of skill — they're failed because the risk plan never fit the rules. This planner turns a firm's target, daily loss limit and maximum drawdown into concrete amounts and shows whether your risk per trade leaves room to survive. It does not, and is not designed to, suggest that you will pass.
When to use this tool
- Before buying a challenge, to check whether your intended risk fits the firm’s rules.
- When comparing two firms’ rule sets against the same strategy.
- To set a sensible risk per trade that keeps a normal losing streak inside the limits.
How the calculation works
The planner converts each rule percentage into a money amount based on the account size, then estimates how your risk per trade interacts with those limits.
Target amount = account × target % Daily limit = account × daily % Max drawdown = account × max DD % Risk per trade = account × risk % Wins needed ≈ target ÷ (risk × average R)
It also estimates how many consecutive losses would reach the daily limit and the maximum drawdown. When the numbers are tight — for example, only one or two losses to the daily limit — it warns you, because that plan has little margin for a normal losing streak.
Practical example
On a $100,000 account with an 8% target, a 5% daily loss limit and a 10% max drawdown, risking 1% per trade is $1,000 per trade. That means roughly 5 losing trades would reach the daily limit and 10 consecutive losses would reach the max drawdown — workable margin. Push risk to 3% per trade and barely two losses could breach the daily limit, which the tool flags as tight.
Common mistakes
- Treating a tool result as a prediction of passing — this only shows whether the math leaves room, not the outcome.
- Risking too much per trade, so a single bad session breaches the daily loss limit.
- Ignoring trailing drawdown rules, which this simplified model does not capture — always use the firm’s exact rules.
Frequently asked questions
Does this tool tell me if I will pass a prop challenge?
No. It deliberately does not predict or suggest passing. It shows whether a risk plan is mathematically realistic — for example, how many losses would breach a limit — so you can judge if the plan leaves enough margin.
What risk per trade should I use?
Usually smaller than on a personal account, because the limits are hard lines. Many traders use well under 1% per trade so a normal losing streak stays comfortably inside the daily and drawdown limits. Model it here against the specific rules.
What does "average R multiple" mean?
It is the average reward you make on a winning trade per unit of risk. An average R of 2 means winners return about twice what you risk. It is used to roughly estimate how many wins would reach the profit target.
Why does the tool warn about my plan?
It flags plans with little margin — such as only one or two losing trades reaching the daily limit, or risk per trade above about 2%. These plans can be breached by a normal losing streak, regardless of skill.
Ready to compare prop firms?
See every firm we have reviewed side by side — models, platforms, scores and trader fit, with every partnership disclosed.