Enter your edge (win %, R:R), your risk per trade, and the firm's target/daily DD/max DD rules. We run 2,000 Monte Carlo simulations and return your realistic pass probability.
The simulator runs 2,000 parallel challenge attempts with random trade outcomes drawn from your stated win rate and R:R. Each run ends when you either hit the profit target, trip the daily drawdown, trip the max drawdown, or run out of days. The pass probability is the share of runs that reached the target alive.
Most traders overestimate their win rate. Drop it by 5 points, drop avg win by 0.2R, and rerun — you'll see a more honest number. Live data almost always underperforms backtests.
No — simplified. The real world adds news blackouts, weekend holding rules, and consistency rules (FTMO 50% rule). Use this as a first-pass filter.