Lucid Trading now lets you keep End-of-Day (EOD) Drawdown in your funded account when selecting it for the evaluation stage. If you also select the Daily Loss Limit (DLL) option, you will get on-demand payouts in funded with EOD drawdown.
Lucid Trading (affiliate) just launched a major update to its new Right Now Money™ concept: LucidDaily traders can now switch to End-of-Day Drawdown in the evaluation and keep it in the funded stage. If you also choose the option to have a Daily Loss Limit and pass the evaluation, you will be able to request payouts up to multiple times per day.
Allowing traders to keep the EOD drawdown in the LucidDaily funded stage is a major improvement to this plan; since the EOD drawdown is fixed and only updates the next trading session based on realized profits the previous trading session, having EOD drawdown rather than intraday trailing drawdown should greatly increase your chances of passing the evaluation and reaching the payout stage in funded.
All Lucid Trading’s DLL’s are considered soft breaches, which means that hitting the DLL only pauses your trading until the next day. Having a DLL can therefore even be beneficial by reducing the risk of failing an evaluation due to revenge trading. In other words, by activating the DLL option, you will not only get the benefit of improved automated risk management, but also the ability to request multiple payouts a day in the funded stage.
Right now, you can get 30% off the new and improved LucidDaily plans by visiting Lucid Trading (affiliate) and/or using promo code: PFS.
