{"id":3242,"date":"2024-10-20T17:47:42","date_gmt":"2024-10-20T17:47:42","guid":{"rendered":"https:\/\/blog.lmitrade.com\/?p=3242"},"modified":"2024-10-20T17:47:42","modified_gmt":"2024-10-20T17:47:42","slug":"important-updates-for-your-trading-success","status":"publish","type":"post","link":"https:\/\/blog.lmitrade.com\/en\/2024\/10\/20\/important-updates-for-your-trading-success\/","title":{"rendered":"Important Updates for Your Trading Success!"},"content":{"rendered":"

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Dear Traders,<\/p>\n

We are excited to share some important updates with you that we believe will make your trading journey even smoother and more rewarding.<\/p>\n

First,\u00a0we have reduced the price<\/strong>\u00a0of our evaluation programs. You no longer need to apply a promo code for a 50% discount – this reduction has been made until further notice to make our programs more accessible for everyone.<\/p>\n

Additionally, for this week only, until October 27th, we are offering an extra 10% discount on evaluation programs with the promo code:\u00a010DISCOUNT<\/strong>. We\u2019re also automatically applying a 20% discount on all resets during this week.<\/p>\n

Now, let\u2019s talk about funded session accounts. We\u2019re introducing the\u00a0Consistency Target\u00a0<\/strong>rule – a 30% consistency target for the funded session account, which will become one of the requirements for withdrawal requests.<\/p>\n

For traders who already follow a steady trading plan, maintaining regular contract sizes, trading frequency, and consistent day-to-day performance, this rule is unlikely to affect you. It is designed to encourage long-term, sustainable growth and discourage risky, erratic, or emotional trading.<\/p>\n

The 30% Consistency Target will apply immediately to new funded session accounts, while for the remaining accounts the consistency rule will be activated after the next withdrawal, but no later than November 3. You can learn more about how it will be applied by following\u00a0this link<\/a><\/strong>.<\/p>\n

We also have great news for funded session accounts –\u00a0the daily loss limit has been increased<\/strong>\u00a0to match the trailing drawdown level. We believe this change will have a positive impact on your trading, giving you more flexibility and control. You can view the updated daily loss limits\u00a0here<\/a><\/strong>.<\/p>\n

Thank you for your continued support and trust in LMI. We are now in the process of improving and speeding up our processes for receiving accounts after evaluation programs.<\/p>\n

Warm regards,<\/p>\n

Your LMI Team<\/p>\n<\/div>\n

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