Prop Check reads a Strategy's recorded trades against a published proprietary-trading rulebook and reports how far inside each limit the record actually stayed: maximum drawdown, daily drawdown, single-trade loss, profit consistency, profit target and trading days. It measures what the book already contains. It does not predict an evaluation, and it names no firm.
Sample figures, in the layout of the journal's Prop Check chapter. It describes trades that have already happened, under a generic rulebook, and names no firm.
Prop evaluations are lost on risk rules, not on profit. A Strategy can double an account and still fail on the day it took a single loss slightly too large, or on a month where one exceptional day carried most of the gain.
Daily loss limits, a maximum drawdown, a cap on any single losing trade and a consistency rule all constrain the path a record took. Two Strategies with the same annual return can sit on opposite sides of every one of them.
Answering it means walking every trade in order against an account balance and checking each rule at the point it would have been checked. That is only possible where the trades were recorded as they happened, which is what makes this measurable here at all.
Every limit, weight and scoring curve lives in a frozen, versioned document called the Prop Baseline, and the page names the version it used. The current one is a generic framework in the shape the industry uses, not a copy of any firm's terms.
| Rule | Phase 1 | Phase 2 | Funded | What it asks |
|---|---|---|---|---|
| Maximum Drawdown | 10% | 10% | 10% | The largest peak to trough fall the account took. |
| Daily Drawdown | 5% | 5% | 5% | The worst single day, against that day's own opening balance. |
| Maximum Trade Loss | 3% | 3% | 3% | The largest loss any one position took. |
| Profit Consistency | 40% | 40% | Not applied | Whether one exceptional day carried too much of the total gain. |
| Profit Target | 10% | 5% | Not applied | How far the record progressed toward the phase's target. |
| Minimum Trading Days | 5 | 5 | Not applied | Whether the result came from enough separate days to count. |
| Funded Margin Exposure | Not applied | Not applied | 25% | How much of the account was committed at once. |
| Funded Open Notional | Not applied | Not applied | 2x | The size of open positions against the account behind them. |
Prop Baseline v1.1. A rule change is a new version, never an edit of an old one, so a score from any month can still be recomputed and explained.
Two rulebooks can both say “10% maximum drawdown” and ask completely different questions of the same record. It is the most consequential detail in any set of prop rules, and it is usually the one left unstated, so the Prop Baseline states it.
The rule is that equity may not fall more than 10% below its own highest point at any moment. The threshold rises with every new high and never falls back, so a record that gained 8% and then gave back 9% has breached it even though the account is still above where it started. This is the trailing kind of limit.
Where the threshold is fixed at the starting balance instead, the same record passes: it never went 10% below where it began. Neither test is the correct one in the abstract. They are different questions, and the same book can sit inside one and outside the other, which is why comparing a figure from here with a figure from elsewhere means checking what each was measured against first.
The Daily Drawdown rule is the other way round on purpose: it is measured against that day's own opening balance, because a daily limit that moved with an intraday peak would be a different rule from the one firms publish under that name. Prop challenge rules explained covers every limit on this table as a measurement, including the two ways a drawdown threshold can move.
None of them is carried by colour alone, and each prints its own name wherever it appears.
Triggon does not fund traders, does not sell evaluations, does not run challenges and is not affiliated with any firm that does. There is no capital behind this measurement and no programme to enter here. Prop Check is a way of reading a record that already exists.
Where the record does not carry what a rule needs, the result is Not enough data and the rule is named. Where a drawdown can only be established as a floor, that floor can prove a breach and can never prove compliance, so it is never scored as a pass. A blank beside a limit would read as compliance, which is why there are no blanks.
It describes trades that have already happened under one generic rulebook. It says nothing about whether any evaluation would be passed, and nothing about whether any firm would accept the Strategy or the trader running it.
No firm is named and no firm's rules are reproduced. Real programmes differ on every limit here, on how drawdown is measured, and on rules this baseline does not model at all. Read the terms of the programme you are considering.
The chapter is read only. There is no control on it, nothing to configure, and nothing a viewer can do that alters the Strategy or its score.
Trading carries risk and you can lose money. Prop Check exists so a record can be judged in more detail than a headline number allows, and for that purpose only.
Prop Check is the last chapter of a Provider's journal, computed from the same trades the rest of the page is built from.