HOW TO USE THIS TOOL
Six-step workflow
- Copy current values from the official account, platform, or journal.
- Keep every unit consistent; do not mix ticks, points, pips, dollars, or percentages.
- Enter the planning assumptions without changing them to force a preferred answer.
- Calculate and read every output, including the warning below the headline number.
- Verify instrument specifications and binding firm rules at the official source.
- Save the result with its date and compare it with what actually happened.
FORMULA & EXAMPLE
Understand the output
Formula: Best-day ratio = largest winning day ÷ total profit. Required total = best day ÷ allowed percentage.
Worked example: A $900 best day under a 30% rule requires at least $3,000 total profit. At $2,400, another $600 is needed if no larger day occurs.
Common mistakes: using net account P&L instead of rule-defined profit, creating another oversized day, ignoring the payout window, and assuming every firm uses this formula.