Lucid Trading

---

Daily Loss Limit (DLL)

• The Daily Loss Limit (DLL) is the maximum amount a trader can lose in a single trading day before trading is restricted until the next session.
• Lucid Trading uses a soft breach DLL, meaning the account remains active as long as the Maximum Loss Limit (MLL) is not violated.

Important Notes

• Daily drawdown calculations are based on End-of-Day (EOD) balance calculations.
• Once the MLL is breached, the account fails permanently.
• All positions must be closed before the daily market close / settlement period. Overnight holding is not permitted unless specifically allowed on live accounts.

---

Maximum Loss Limit (MLL)

• The MLL trails the highest end-of-day account balance.
• Once the account reaches the trailing threshold target, the MLL locks and no longer trails upward.

---

Micro-scalping Policy

• Micro-scalping (holding trades for 5 seconds or less) is strictly prohibited.

---

Payout Structure (LucidPro)

• Traders receive 100% of the first $10,000 in payouts.
• After the first $10,000 withdrawn, traders will receive 90% split.

To qualify for a payout:

• Traders must meet the consistency requirement.
• Traders must maintain profits above the required buffer balance.
• Accounts must complete the required profitable trading days.

---

Payout Structure (LucidFlex)

• 90% to the trader

To qualify for a payout:

• Complete at least 5 profitable trading days.
• Maintain positive net profit during the payout cycle.
• Follow all trading rules and payout policies.

---

Payout Structure (LucidDirect)

LucidDirect accounts bypass the traditional evaluation phase but operate with stricter payout consistency requirements.

• 90% Trader

Restrictions:

• Strict payout consistency rules.
• Buffer balance requirements.
• Ongoing payout qualification objectives.

---

LucidPro Consistency Rule

• LucidPro funded accounts require a 40% Consistency Percentage for payout eligibility.
• Older accounts purchased before November 28, 2025 may still operate under the previous 35% rule.

---

LucidDirect Consistency Rule

• LucidDirect accounts require a stricter 20% Consistency Percentage.

---

Important Consistency Rule Notes

• The consistency percentage resets after every payout.
• If the percentage exceeds 40%, additional trading is required before payout eligibility is restored.

---

Live Account Transition

Traders may become eligible for live funded accounts after:

• Multiple successful payouts.
• Consistent risk management.
• Internal review by Lucid Trading’s risk team.