For the Consistency Rule — the calculation of the maximum daily profit within the allowed sequence should use the formula:
Biggest winning day / Current account profit * 100%
Maximum allowable daily profit = Biggest winning day / total profit * 100%
Example:
Biggest winning day — $700
Total profit for the challenge — $1500
Formula:
Consistency Rule = 700 / 1500 * 100% = 47%
This means that if on any given day you earn more than $700, you violate the Consistency Rule.
The formula “Biggest winning day / Current account profit * 100%” is intended exclusively for cases when the total profit is positive. If it is negative (loss), calculating the “maximum daily profit” using this formula gives a mathematically negative number, but this has no practical meaning in the context of the Consistency Rule. The rule is not applied to check days during losing periods — its purpose is to control the distribution of actually obtained positive profit. When working with losses, other risk management rules apply.