Lucid Trading rules
Lucid Trading's help pages describe the lucid trading rules for copy trading, news, consistency, daily loss and drawdown.
- Type of drawdown
- Trailing at end of day
- Maximum drawdown, 25K
- $1,000
- 25K profit target
- $1,250
Trading rules from Lucid Trading
- Drawdown
- In the pricing table, the Max Loss Limit for LucidPro evaluations applies at end of day (EOD). At checkout, you may include the LucidFlex daily loss limit or choose not to.
- Consistency requirement
- For a LucidFlex evaluation, the consistency rule is 40%; adding the add-on makes it 50%. For LucidPro funded payouts, your largest day must not exceed 40% of cycle profit.
- Trading on news
- All three allow it: Flex, Pro and Direct. LucidDaily treats trading red folder news as a hard breach.
- HFT and scalping
- You may use real scalping. Microscalping and high-frequency trading aren't permitted.
- Trading bots and EAs
- You can use automated trading systems and trade copiers.
- Trade copying
- Trade copiers are allowed.
- Limit on accounts
- The limit for each household is 5 funded accounts.
- During weekends and overnight
- By 4:45 (PM EST) each trading day, you must close every position in LucidPro, LucidFlex and LucidDirect trading accounts. You can't keep positions open overnight, nor can you leave them open over the weekend.
Limits and targets for each Lucid Trading plan
| Plan | Account | Fee | Funded on a first passfee + activation | Profit target | Max drawdown | Split |
|---|---|---|---|---|---|---|
| LucidPro | 25K | $108one-time | $108 | $1,250 | $1,000End of day, daily $600 | 90% |
| LucidPro | 50K | $172one-time | $172 | $3,000 | $2,000End of day, daily $1,200 | 90% |
| LucidPro | 100K | $272one-time | $272 | $6,000 | $3,000End of day, daily $1,800 | 90% |
| LucidPro | 150K | $365one-time | $365 | $9,000 | $4,500End of day, daily $2,700 | 90% |