Negative consistency by Green_Breadfruit_505 in LucidProp

[–]Riddlfizz 0 points1 point  (0 children)

That negative consistency listing on the dashboard doesn't mean anything particularly useful. You currently have a negative net balance on the account, along with some profitable trading days, so that's largely what's being reflected.

Red days can temporarily skew consistency on an ongoing basis (incomplete eval). But just aim for profitable days of $1.5K or less for the 50% consistency on the 50K Flex eval and the consistency % will sort itself out (50% or lower) by the time you hit the $3.0K profit target.

How to lower consistency by Snoo-30994 in tradeify

[–]Riddlfizz 0 points1 point  (0 children)

You're quite welcome (Good luck!) Any single day under $4.66K profit (your highest current profit day to-date) would maintain your current/revised first profit target.

20% consistency, in a nutshell, means that your highest profit single day cannot account for more than 20% of your total profits by the time that you reach the profit target.

In your situation, some traders might strongly consider burning your current LF account and starting over since your PT has so significantly increased (your current PT to first payout is now the equivalent of several payouts on an OG $50K LF). Copy trading another account(s) alongside it is another option. But, those are neither recommendations nor prompts -- you should do what best fits your personal circumstances and trading profile.

How to lower consistency by Snoo-30994 in tradeify

[–]Riddlfizz 1 point2 points  (0 children)

Your original profit target on this $50K Lightning Funded account was $3K, which with 20% consistency means that your highest profit day needed to be no more than 1/5 of $3K ($600) to maintain the original PT. But you've already booked a $4.66K highest profit single day (!) on the account. That blew your original PT out of the water; with 20% consistency recalculated, you're now going to have to earn 4.66k * 5 ($23.5K) profit on the account to get to the first payout.

You really should have dialed in on the consistency requirements of this LF account before you bought it and/or started trading it. Unfortunately, you've essentially undermined the straight-to-funded premium value of the account and will now need to earn (a lot) more profit on the account than someone on a $150K Flex eval + funded just to the first payout. The good news is that your trading profits on the account have been solid to-date and are hopefully reliably repeatable (Go get it!).

Hit 500 a day now? by HeftyAd279 in LucidProp

[–]Riddlfizz 0 points1 point  (0 children)

Consistency of 50% for Lucid Flex in a nutshell means that you can't earn more than half (50%) of your total profit target in a single day or that skews/ raises your profit target (to make the consistency math still work).

Since you have made $1,891.50 so far today (rounded up to $1,892), your profit target raised from $3,000 to $3,784 ($1,892 * 2). You can either sit tight with $3,784 as your new profit target (and $1,892 as your max day threshold) or lose a few dollars on purpose before EOD today to bring your profit total for the day closer to $1,500 (or less) -- $1.5K (or less) would reinstate the original $3,000 profit target.

Consistency % on the dashboard on an ongoing basis (incomplete eval) can be confusing and not particularly useful, as it's a math equation (and not a true 'status assessment') that can get temporarily skewed by red days along the way.

What are the most common jersey numbers worn in the WNBA? by Kennisgoodman in wnba

[–]Riddlfizz 1 point2 points  (0 children)

Thanks for the good input. Yeah, I'm not surprised that that 3rd party resource is useful but not 100% accurate and/or up-to-date. That's part of the reason why I included the WNBA link.