At Purdia Capital, we believe that scaling up in a live account should be a flexible, performance-based process. Our scaling plan is designed to support traders who demonstrate consistent profitability, sound risk management, and steady growth. Scaling decisions are made at our discretion and are determined through close collaboration between the trader and their risk manager, following the general guidelines explained below.
Initial Parameters for Live Funded Accounts
Upon reaching the Live Funded Account, traders start with initial risk parameters to establish consistency and demonstrate their trading approach. The values listed below are maximum values, and any trader can request smaller limits, if desired, to better suit their trading strategy and approach.
Starting Balance/Max Drawdown*
100k Account - $3,000
50k Account - $2,000
25k Account - $1,000
Max Position Size Limit
100k Account - 10 full-size contracts / 100 micro contracts
50k Account - 5 full-size contracts / 50 micro contracts
25 Account - 2 full-size contracts / 20 micro contracts
Daily Loss Limit:
100k Account - $1,000
50k Account - $700
25k Account - $300
These limits serve as the foundation, helping traders establish a track record while protecting capital. These starting limits are larger than we would like for any account (for example, a daily loss limit should protect your account from multiple losing days in a row, which happen to every trader from time to time), but we recognize that many traders have trading strategies that necessitate a wider range of risk, especially right at the start.
* In the Live Funded Account, your available balance is effectively your drawdown. Because our Live Funded Accounts start out already profitable, the max drawdown in any LFA does not trail, and remains static at breakeven +$100. Any profits earned in the LFA add to the balance and the max drawdown, while any losses or payouts deduct from this balance. If any losses or payouts bring the balance of the account below $100, the account will be liquidated and closed.
Scaling Criteria
We evaluate traders based on overall performance metrics and trading behavior, rather than fixed numerical targets. Periodically, your risk manager and Purdia Capital’s management team review each trader’s performance, focusing on:
Profit Consistency: Demonstrated consistent profitability over several weeks, rather than isolated winning days.*
Risk Management: Ability to manage losses effectively, including respecting daily and overall loss limits.
Trading Behavior: Consistent adherence to disciplined trading practices, avoiding reckless risk-taking.
Market Adaptability: Ability to adjust to market conditions with minimal impact on performance.
Communication & Professionalism: Open, proactive communication with the risk manager regarding market outlook, challenges, and trading plans.
* We understand that many traders' strategies include capitalizing on strong trend days and maximizing their winning positions, and we will never penalize a trader for doing this. We don't have any percentage-based consistency rules, and we absolutely support traders who add on to winning trades in order to maximize their effectiveness.
Increasing Risk Parameters
When a trader performs well, their risk parameters can be increased to support further growth while prioritizing sustainability. Our approach to scaling is collaborative, involving both the trader and our risk manager to ensure that the path forward aligns with the trader’s unique style and the firm’s objectives. Scaling decisions are made at the discretion of Purdia Capital, based on performance reviews and discussions with the trader. Factors influencing these decisions include trading style, prevailing market conditions, and account history.
Scaling decisions rely on a close partnership between the trader and our risk manager. The risk manager has the discretion to pause, accelerate, or adjust any scaling plans based on current market conditions and the trader’s approach. We prioritize sustainable growth and focus on building a robust, long-term trading track record.
Increased risk parameters involve increased responsibility on the part of the trader. Regular check-ins with the assigned risk manager are required throughout the scaling process to discuss market dynamics, trading challenges, and any adjustments in strategy.
Temporary Adjustments and Setbacks
If, at any point after risk parameters have been increased, a trader experiences a significant drawdown or starts to show signs of inconsistent performance, Purdia Capital may temporarily revert to lower parameters. This adjustment is not a penalty but a step to help traders regain stability. In this case, a plan will be created to return to higher levels once performance stabilizes.
Summary
Our scaling plan is a personalized and dynamic approach to account growth, prioritizing stability and longevity in the markets. We look forward to helping our traders achieve greater success with a structured, performance-based scaling process that rewards discipline and adaptability. As always, communication with your risk manager is encouraged to discuss any potential scaling plans.
