What is Profit Target?
The profit a trader must reach in a prop firm evaluation phase to pass — typically 8-10% of the account size.
The profit target is the single goal of a prop firm evaluation: the percentage gain a trader must reach to pass a phase. It is typically 8% to 10% of the account size — on a $100k account, $8,000 to $10,000 of net profit.
A two-phase evaluation usually sets a larger target in Phase 1, for example 10%, and a smaller one in Phase 2, for example 5%, on the logic that consistency is harder to fake twice. One-phase models have a single target.
The profit target is the easy half of an evaluation. A trader with a genuine edge reaches it automatically by trading well inside the drawdown rules — the target is a by-product of discipline, not the thing to chase. Chasing it with oversized trades is what causes the drawdown breach that actually fails the account. On a funded account there is no profit target at all.