All live traders face a “cool down” period if their live account is lost. Live Traders can lose their live account by hitting their MLL, or those in the Prime Program that are abusing the program to receive their salary rather than committing to their trading career will have it revoked.
The baseline target for a live account is 3 months. The longer a trader is live, the shorter this cool down is. So, if a trader is only live for one day, they will have a full 3 month “cool down”. If a trader is live for 2 months then loses their account, they would only have a 1 month cool down period.
Live traders may return to sim trading after the cool down period is complete, but anything over $10,000 in payout requests will go towards funding their next live account(s).
