SCALING PLAN
Rocket 21: Scaling and Risk Management
Obtaining a rocket account does not imply that the trader and our project will not collaborate in the future. On the contrary, you will learn about the incremental scaling concepts on this page. A larger account balance allows the trader to increase the size of their holdings while not increasing their risk. Keep in mind that our initiative has the same aim as yours – to find and implement successful trading strategies.
However, traders should be aware that there will be times when they do not make any money. Trading is a risky (please do not use “dangerous”) endeavor in general, and Rocket 21 does not guarantee any profits. A Rocket Account is a fully-simulated demo account […]. This system is user-friendly in terms of administration and allows our organization to actively manage risk in our chosen markets.
The Rocket Account’s capital is increased at three-month intervals. A trader must make at least 8% net profit in three consecutive monthly cycles to qualify for a capital increase (i.e., an average of at least ~2.67% net profit each month in a typical account type). At the same time, throughout the three-month period, the trader must process at least two profit splits. At the moment of scale-up, the trader’s account balance must be higher than the beginning account amount (in profit). This way, when processing the scaling, we will first process your profit split (account balance will now be equal to starting balance), then proceed with applying your initial balance increase.
The progress and requirements is presented to our Rocket Traders. If you fulfill the conditions, simply indicate that you want your account scaled-up during the profit split procedure, and we’ll issue your initial balance increase to your Rocket Account for your next trading session.
The foundation for calculating loss limits will change as a result, but the computation of loss limits will not change (it will remain 5% Max Daily Loss/10% Max Loss of the starting account amount after scale-up). If the trader meets the account growth rules and the two payments are finalized after another three months, they will be eligible for a further increase of the demo capital by 25% of the initial account balance on the Rocket Account. The amount of demo capital that may be added to a trader’s account is limited to $2 million per trader.
Profit Split Ratio has been raised to 90/10 for Rocket Traders on the scale-up plan. Increased profit split ratio benefits newly scaled-up accounts only, not newly merged accounts into previously scaled-up accounts. The Profit Split ratio will change to 85/15 (default) if you merge a non-scaled-up account with a scaled-up account.
As seen in the table above, under the best-case scenario, the trader will have nearly twice the balance and loss limitations in his or her Rocket Account after a year (this applies to any starting balance). We think that by using this Scaling Plan, traders will be more likely to trade regularly while avoiding excessive risks and treating the Rocket Account as a long-term endeavor. Please keep in mind that large, or any, profits are not guaranteed, and trading is a risky industry in general and may not be well suited for everyone.
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