How to pass a prop firm evaluation in India: a practical playbook

The profit target is the part everyone obsesses over. The loss limits are what actually decide who passes. Here's how disciplined traders approach an evaluation.

1. Work backwards from the daily loss limit

On a ₹10L account with a 5% daily limit, you have ₹50,000 of room per day. Decide in advance how many losing trades you'll accept in a day (say four), and size each trade so four losers use at most half the limit. That's ₹6,250 of risk per trade.

2. Ignore the target for the first week

With no time limit, there's no reason to rush. Spend the first few sessions trading your smallest size and getting used to the platform, fills and costs.

3. Protect open profits

Loss limits count floating P&L. A position that was up ₹30,000 and reverses can breach your daily limit even if you were green earlier. Trail stops and take partial profits.

4. Have a hard stop for the day

• Stop after two consecutive full-size losses
• Stop after reaching 60% of the daily limit
• Stop after a large win to protect the day

5. Treat phase 2 like phase 1

Phase 2 has a lower target, which tempts traders to swing for it in a day. Keep the same size and process. Consistency is exactly what's being measured.