Your evaluation, as plain arithmetic.
Type the target, the days you plan to trade, the two loss limits and your risk per trade. The planner turns them into dollars and R per day, and shows how much room each limit gives you.
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What it reads, and how it is computed.
What it reads
Five numbers you type: the target, the number of days you plan to trade (your choice, inside whatever the program allows), the daily loss limit, the drawdown limit, and the dollars you risk per trade. That last number is 1R.
How it is computed
Average per day = target ÷ days allowed
in R = dollars ÷ risk per trade
full daily-limit days = floor( drawdown limit ÷ daily loss limit )
Worked example: a $3,000.00 target over 20 days is $3,000.00 ÷ 20 = $150.00 a day. At $150.00 a trade that is $150.00 ÷ $150.00 = 1.00R a day, and the whole target is $3,000.00 ÷ $150.00 = 20.00R. A $2,000.00 drawdown ÷ a $1,000.00 daily limit = 2 full daily-limit days, and the drawdown is 13.33R deep at this risk.
Why that information matters
A target in dollars says little about the work. In R it says how many risk units the evaluation asks for, next to how many the drawdown lets you lose. Seeing both on one row makes it plain when a risk per trade is too large for the room the limits leave.
What it does not tell you
How your trades will go, whether a daily average is reachable for you, or how any program counts days. A trailing drawdown can make the room smaller than this as the floor rises (the drawdown simulator shows that on your own results). Read your program’s own, current rules page. This is arithmetic, not advice.
Evaluation arithmetic, answered.
How much do I need to make per day in a prop evaluation?
Divide the target by the days you plan to trade. A $3,000.00 target over 20 days is $150.00 a day on average, which is 1.00R a day at $150.00 risk per trade. That is an average, not a daily quota.
How many bad days can my drawdown take?
Divide the drawdown limit by the daily loss limit and round down. A $2,000.00 drawdown with a $1,000.00 daily limit absorbs 2 full daily-limit days before it is used up. A trailing drawdown can shrink that room as the floor rises.
Why measure the target in R?
R is your risk per trade, so it turns dollars into trades. At $150.00 a trade, a $3,000.00 target is 20.00R. Halving the risk per trade doubles the R the same target takes.
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