I’ve been trading with OneFunded for a couple of weeks now, and I've successfully passed the challenge except for the Best Day Rule, which I breached. This rule limits how much of my total profit can come from my highest single day profit, and I can't help but feel puzzled about its purpose.
It seems counterintuitive for prop firms to restrict profits on the way up. From my perspective, shouldn't traders be encouraged to capitalise on strong days rather than penalised for success? Imposing a profit cap feels like it goes against the very nature of trading, where leveraging your skills and capitalising on market opportunities should be paramount.
Right now, the only way I can get my Best Day Profit Ratio below the 50% cap is by intentionally opening a losing position.
I’m starting to wonder if this rule has underlying motives that aren’t in the best interest of traders. It feels like a mechanism designed to keep successful traders from truly benefiting from their skills. I’m really curious to hear from others who might have faced a similar situation. Maybe I am just being a cynic for no reason.