The rules it enforces

There are two floors, and they behave differently

The daily loss limit is measured from the equity you opened the session with, and it resets with the next session. On a 50K it is $1,200. Hitting it shuts the session and nothing else: you can still close what is open, you cannot add to it or start anything new, and the account is untouched.

The trailing drawdown is measured from the highest equity the account has ever reached, and it never resets. On a 50K it is $2,000. Hitting it ends the account.

The daily limit is fixed. It does not climb with the trailing floor, so once the trailing floor has risen past it the trailing floor is the one that will get you first.

A session that went through its floor and climbed back stays shut. The mark it is judged against only ever falls, which is the same way the trailing floor only ever rises.

The trailing floor only moves up

Every new equity high drags the floor up behind it. Nothing drags it back down. Go up four hundred and give it all back, and the floor keeps the four hundred: you are now four hundred closer to being cut than you were before the winning trade.

It stops climbing once it reaches a hundred above your starting balance. On a 50K that happens at $52,100 of equity, and from that point the floor is fixed at $50,100 forever. Getting there is the whole game.

Open trades count against you

Both floors are measured against equity, not against your closed balance. Equity includes whatever is still floating on an open position.

A position that is open and losing can breach the account before you close it. Nothing has to be realised for the account to be gone.

A breach is checked continuously, not at the close

The floors are read at the deepest your equity went, not where it settled. A trade that went through the floor at 14:52 does not survive by finishing green at 15:10.

This is the single biggest difference between a prop account and a brokerage account, and it is why a strategy with a good end-of-day record can still fail here.

Here it is read against a delayed feed that publishes one minute bars rather than tick by tick, so the minute that broke the floor is known and the exact second inside it is not. A firm reading live ticks would have caught you in the same minute.

The newest candle on your chart moves inside a minute that has already printed in full, five seconds at a time. Every price it shows really traded in that minute, the order it shows them in is ours, and it is the same order your fills are decided in.

One session cannot carry the account

Your largest winning day, divided by the profit on the account, has to come out at 50% or less. Make the whole target in one session and you have not passed, you have gambled once and got away with it.

The denominator is what you have actually made, not what you made on your good days, so a losing day pushes the number the wrong way twice.

Reaching the target with your best day over the line does not pass you. The account keeps trading until the share comes down, and only then is it passed. It never ends an account on its own.

This one applies while you are proving yourself. Once the account is funded the requirement is gone.

Commission comes out of the same balance

Every fill is charged, so a round turn pays twice. A micro is fifty cents a side, micro gold eighty and micro silver a dollar sixty, which is the schedule Lucid publishes.

It leaves the balance, so it reaches your equity, so both floors and the profit target count it. A round turn at the full micro cap on a 50K spends forty dollars of a twelve hundred dollar daily limit before the trade is right or wrong about anything.

Exchange and clearing fees sit on top of this at Lucid. Those are not charged here, so the number you see is the floor of what it would cost you, never the ceiling.

Position limits are counted across everything open

Each plan caps what you can hold at once: 25K at 2 minis, 50K at 4 minis, 100K at 6 minis, 150K at 10 minis. Ten micros count as one mini, so the two numbers are one limit said twice.

The cap is on what is open at the same moment, added up across every contract, not on what you traded over the day. A ticket that would take you over it is refused.

Be flat for red folder news

You have to be flat from 1 minute before a high impact US release through 1 minute after it. You may not hold a position through that window and you may not open one in it. High impact is the red folder on an economic calendar: payrolls, CPI, the FOMC rate decision.

On a LucidDaily account this is a hard breach. It ends the account rather than the day, and it does so whether the trade won or lost. On LucidFlex, LucidPro and LucidDirect, trading the news is allowed outright. Paying out every day is what buys the stricter rule.

The terminal warns you in a banner while the window is open and for fifteen minutes after it, and the whole calendar is on the red folder events page, so there is nothing to keep in another tab. Nothing stops you trading into it. Being stopped would hide the rule, and the rule is the point.

Bots, scalping and averaging in are allowed

Automated systems and trade copiers are permitted. So is genuine scalping, and so is scaling into a position or averaging down. None of these needs permission and none of them is a breach.

You carry the consequences of your own software. A bot that malfunctions and breaches the account has breached the account.

Adding to a loser repeatedly is allowed and is still how most accounts die.

Hedging across accounts is not trading

Taking opposing positions on the same instrument in two accounts is prohibited. Long in one and short in the other guarantees one of them profits whichever way the market goes, which is not a strategy, it is a way of manufacturing a payout.

It counts across accounts, across instruments that track each other, between minis and micros of the same product, and across firms. Inside one account a firm lets you hold micros one way and minis the other, because there is nothing to manufacture. Here a contract nets, so buying while short only reduces the short.

Detection is automated and the first finding is not the end: the accounts are rolled back to the previous day's balance. A repeat breaches all of them.

Microscalping is about fills, not about speed

Very large size held for a few seconds to skim tiny moves is prohibited, because it works against how a simulator fills orders rather than against the market.

The published trigger is more than half your profit coming from trades held five seconds or less. That flags the account for a human to look at rather than ending it: a first finding is a warning, and only a repeat forfeits the profit.

Ordinary scalping is fine. The line is whether the trade would have behaved the same way with real money in front of it.

High frequency trading is prohibited

Algorithms firing hundreds of orders in minutes are banned. The stated reason is load on the platform rather than any view about the strategy.

The session closes, and closing it is not a breach

You are flat by 16:45 New York time, Monday to Friday, and trading reopens at 18:00 New York time, Sunday to Thursday. Whatever is still open at the close is closed for you where it last printed, every working order is cancelled, and a ticket sent while the session is shut is refused. Being flattened at the close does not fail the account, here or at any firm.

The close is read on the tape's clock, so it lands when your chart reaches 16:45 and not ten minutes before. Your session still cuts at 17:00 Chicago time for every rule that resets, which is the same instant as the reopen.

On a holiday with an early close Lucid has you flat before the market closes. That calendar is not here, so on those days the usual close is what applies.

An account you never sign in to is emptied

Nothing is removed for being quiet. What runs on a clock is the sign in: after 90 days without one a notice goes out, after 120 a final one, and at 150 the account is emptied and the address anonymised.

The trading accounts and everything they printed are never deleted. They stop belonging to a name, which is why a trader who left still holds the place on the board their sessions earned.