How to Reset or Restart Your Evaluation at Elite Trader Funding
Failing an evaluation or breaching trading rules can be disappointing, but Elite Trader Funding offers traders opportunities to reset or restart their challenges, allowing them to improve and try again.
When Can You Reset?
- After failing to meet profit targets within the evaluation period.
- Following a breach of drawdown or risk limits.
How to Initiate a Reset or Restart
Traders can initiate a reset via the Elite Trader Funding dashboard by paying the applicable reset fee and confirming the restart. The account balance will be restored to the original starting amount.
Best Practices for a Successful Restart
- Analyze previous trades to identify and correct mistakes.
- Refine your trading strategy and risk management plan.
- Use demo trading to practice improvements before restarting live.
Conclusion
Resetting or restarting your evaluation is a valuable second chance. With thorough preparation and disciplined execution, you can increase your chances of passing the Elite Trader Funding challenge on your next attempt.