What does “must be flat” mean?

TL;DR

If you’re at the target but still have open positions (or pendings), you’re not done. “Must be flat” means close everything to lock in the result.

How it works

• Drawdown limits are tracked on equity (floating PnL counts).
• Passing / reward eligibility is tracked on balance, meaning your progress is based on closed positions.
• So we require you to be flat when you “finish,” because otherwise your “pass” can disappear with one wick.
• Profit targets are defined using closed positions and must be secured with no open trades.

Common gotchas

• Floating +10.1% isn’t a pass. It’s a screenshot.
• Cancel pending orders too — they can trigger after you think you’re “done.”
• Hitting the target and then “letting it run” is how people turn passed into almost passed and almost passed into ouch!
• Close clean: no drama positions, no “one last trade.”

Example

You’re up +10.1% floating. Price retraces, you’re back to +9.7%. You didn’t “lose the pass”, you never locked it in. Close it.

Related FAQs

• How do profit targets work (balance vs equity)?
• Do open trades carry into phase 2?
• What is the dashboard update frequency and what counts as “official”?