Introduction To Rocket21 Challenge Trading Program:
Rocket21 Challenge Trading Program is an innovative funded trading program that aims to empower and develop talented traders. By visiting their website Rocket21 , traders can explore the exciting opportunities and benefits that the program offers. Here is a comprehensive review of the Rocket 21 Challenge, highlighting its key features and advantages.
Rocket21 Challenge’s Evaluation System:
The evaluation system of Rocket 21 Challenge is divided into two stages: the R21 Challenge and Verification. The R21 Challenge requires traders to achieve 8% of their initial balance without any time limits. Once this stage is successfully completed, traders move on to the Verification stage, where they must achieve 5% of their initial balance. These stages serve as a testament to a trader’s abilities and demonstrate their potential to become a Rocket trader, operating within the proprietary trading firm alongside the Rocket team.
Scaling Up:
One of the remarkable aspects of the Rocket 21 Challenge is the opportunity to scale up trading accounts significantly. Upon completing the initial stages, traders have the potential to scale their accounts up to an impressive $2,000,000 if they maintain consistency in their trading performance. This scalability offers traders the chance to expand their trading activities and potentially achieve substantial profits as they progress through the program.
Profit Targets and Risk Management:
Rocket 21 Challenge sets profit targets for each phase, which traders need to achieve in order to advance to the next stage. These profit targets range from 8% to 5% of the initial account balance. Additionally, the program emphasizes risk management by implementing maximum daily loss limits and maintaining the trading account’s equity above 90% of the initial amount. These measures ensure that traders adopt responsible risk management practices, fostering long-term success and sustainability.
Trading Period and Minimum Trading Days:
The Rocket Challenge has a trading period of 30 calendar days, while the Verification stage extends for 60 days. Traders are required to actively trade for a minimum of 5 days within the current length cycle to fulfill the program’s goals. This encourages consistency and active participation in the markets, allowing traders to showcase their abilities over a specific period.
Rocket21 Challenge Trading Program’s Leverage and Refundable Fee:
The program provides traders with a leverage ratio of 1:100, enabling them to amplify their trading positions and potentially maximize their profits. Furthermore, there is a refundable fee associated with the Rocket 21 Challenge, which is reimbursed in the trader’s first payout upon successfully passing both the challenge and verification stages. This fee contributes to the program’s integrity and ensures that participants are committed to their trading journey.
Rocket21 Challenge Trading Program’s Community and Support:
Rocket21 Challenge Trading Program boasts a vibrant community of traders, providing a platform for collaboration, knowledge sharing, and networking. Through their Discord channel and community forums, traders can connect with like-minded individuals, share trading strategies, and seek guidance from experienced professionals. This supportive community adds value to the program by fostering a collaborative and growth-oriented environment.
Conclusion:
The Rocket 21 Challenge is an exciting funded trading program that offers traders a unique opportunity to develop their skills, access substantial trading capital, and advance their trading careers. With its structured evaluation system, scalability, risk management measures, and supportive community, the program aims to empower traders and help them achieve their trading goals. If you are a trader looking to take your skills to new heights, the Rocket 21 Challenge may be the ideal program to accelerate your trading journey.