TL;DR: To pass the FundedNext Futures Bolt Challenge, traders must meet the fixed profit target while strictly following the Consistency Rule, where daily profit cannot exceed 40% of the total profit target. Traders must also stay within the daily loss limit and the maximum loss limit, and follow all restricted strategy rules, including contract size limits.
The FundedNext Futures Challenge evaluates a trader’s ability to manage risk while earning consistent profits in a simulated futures trading environment. To succeed, traders must reach specific profit targets while respecting risk management rules.
What are the requirements for passing the Bolt Challenge?
The Bolt Challenge applies structured risk rules with defined profit and loss limits to ensure disciplined trading.
Consistency Rule:
You must follow the consistency rule in the Bolt Challenge throughout the Challenge Phase.
Daily profit cannot exceed 40% of your total profit target.
Profit Target:
You must meet the set profit target in the Bolt Challenge.
Example: $3,000 for a $50,000 Bolt Challenge.
Daily Loss Limit:
A daily loss limit is enforced in the Bolt Challenge.
Maximum Loss Limit:
The maximum loss limit applies to safeguard overall risk.
Trading Rules:
You must follow all restricted strategy rules to maintain disciplined and ethical trading