| Trade | Date | Outcome | Stage | Balance Before | Risk $ | P/L $ | Balance After Trade | Withdrawal | Trader Payout | Balance After Withdrawal |
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| Trade | Date | Outcome | Balance Before | Risk % | Risk $ | P/L $ | Balance After |
|---|
| # | Date | Balance Before | Retained Buffer | Gross Profit Withdrawn | Profit Share | Trader Cash Payout | Balance Remaining |
|---|
The purpose of this model is to compare what happens when the same cash is used in two different ways: spend it on access to a much larger fixed prop account, or keep that cash as owned Live/Personal trading capital and use leverage to trade it directly.
Model 2 gives access to much larger nominal capital, but that capital is not owned by the trader. The trader is constrained by the prop account’s drawdown rules and only receives the selected percentage of withdrawable profits. The Live/Personal account is much smaller, but its full balance and all trading profits remain owned by the trader.
Every trade is assigned a Win, Loss or BE using the selected probabilities. The same realised sequence is then run through Model 2 and Live/Personal. A fresh random run changes the actual sequence and realised win/loss mix; recalculating keeps those realised outcomes and only changes the account mechanics.
The funded account does not scale. Once funded, the model checks for a withdrawal every selected number of weeks. At a withdrawal event it keeps funded starting capital + the retained surplus buffer in the prop account. Any gross profit above that level is withdrawn. The trader receives the selected profit share, default 80%; the remainder represents the prop firm’s share.
Example: on a $100,000 funded account with a $2,000 buffer, a $108,000 balance has $6,000 available above the $102,000 retained level. With an 80% split, the trader receives $4,800 cash and the account is brought back to $102,000.
If the account hits the selected maximum drawdown during either evaluation phase, the challenge is treated as failed immediately. The account is closed, no later prop trades are simulated, no funded account is reached, and no future payouts are available. The economic result is therefore any cash payouts already received (normally zero in evaluation) minus the challenge fee.
By default this tool includes a two-step evaluation before payouts begin. Each phase starts from the selected challenge capital. Phase 1 must reach the selected target, then Phase 2 starts again from the base capital. After Phase 2 passes, the Funded account also starts from the base capital. Untick the evaluation option if you only want to compare performance once already funded.
Live risk is the selected percentage of the current owned balance. If the dollar cap is enabled, risk is limited to the lower of percentage risk or the selected cap. The Live cap never affects Model 2.
Model 2 net cash outcome is trader cash payouts minus the challenge fee. The prop account balance is not counted as owned wealth. Live/Personal ending balance is owned account equity. This makes the comparison about cash actually owned or received, rather than comparing a $100,000 prop headline balance with a few hundred dollars of personal capital.