Prop firm target calculator
The evaluation target is the profit required to pass a phase. Divided by the valid days left, it becomes a realistic daily goal and shows whether the pace needed fits inside the firm's loss limit. The calculator does both sums and warns you when the target is incompatible with the risk.
Enter starting balance, current balance, target percentage, valid days already completed and the minimum required. The calculator returns how much is left in cash, how much per remaining day and whether that pace fits the daily limit.
To go deeper into each part of this calculation: Evaluation phase · Valid trading days calculator · Total drawdown
The question this answers
Every challenge has two counters that must finish together: the profit target and the minimum valid days. Traders who watch only the target hit it in three days and then discover they must trade seven more without spoiling anything. Traders who watch only the days drag the challenge for weeks without knowing whether the pace is feasible.
The calculator joins the two and returns the number that matters: how much profit per remaining valid day, and whether that figure demands more risk than the daily limit allows.
How the calculation works
Cash target = starting balance × target percentage. On a 50,000 account with an 8% target, that is 4,000.
Remaining = cash target − (current balance − starting balance). If the account sits at 51,400, remaining is 4,000 − 1,400 = 2,600.
Remaining days = the greater of (minimum valid days − days completed) and 1. With a minimum of 10 and 4 completed, 6 remain.
Needed per day = remaining ÷ remaining days = 2,600 ÷ 6 ≈ 433, or 0.87% of current balance per day. Compare that percentage with the daily limit: needing 0.87% a day against a 5% limit is comfortable; needing 3% a day against a 4% limit is a plan that depends on never being wrong.
What the number does not say
The maths assumes a linear pace, and trading results are not linear. The figure is a feasibility ruler, not a daily quota to chase — chasing a quota is exactly the behaviour that breaches the daily limit late in the afternoon.
Also check the rules that do not depend on profit: valid days may require a minimum result per day, and the consistency rule may cap the weight of your best day. A challenge passed on target and failed on consistency is avoidable frustration.
From calculation to tracking
Redoing this by hand every day is work that disappears when accounts become three or four across different firms. In TCC each account stores the target, the minimum days and the firm's limit, and the dashboard shows progress, valid days and risk headroom on one screen, in any currency.