MyFlashFunding has shared statistics regarding its Phase 2 Evaluation Program for the month of November. The disclosed figures shed light on the outcomes of this evaluation process.
According to the data released by MyFlashFunding, 34.19% of participants successfully navigated through Phase 2 of the Evaluation Program during the month of November. This indicates a select group of traders who have demonstrated the skills and proficiency required to move forward in the evaluation process.
On the flip side, the statistics also revealed that a substantial 65.81% of traders did not meet the criteria to advance beyond Phase 2. The firm did not provide detailed insights into the specific reasons for failure.
MyFlashFunding November Statistics for Phase 2
MyFlashFunding’s Phase 2 Evaluation Program is known for its stringent standards and comprehensive assessments. The firm has consistently emphasized the importance of maintaining a high level of quality and proficiency among its traders. This approach aims to ensure that only those with the requisite skills and potential contribute to the success of the firm.
While the results may indicate a demanding evaluation process, MyFlashFunding remains committed to fostering a culture of continuous improvement. For successful candidates, the Phase 2 clearance is a significant milestone. This will bring them the title of fully funded traders with MyFlashFunding. On the other hand, those who did not pass the evaluation may view it as an opportunity for self-reflection and improvement.
MyFlashFunding’s transparency in sharing these statistics reflects the firm’s commitment to accountability and openness in its recruitment processes. As the prop industry continues to evolve, such insights into the evaluation procedures of proprietary trading firms serve as valuable benchmarks for aspiring traders.
About the Firm
Here are some important facts about the firm:
- No Time Limits
- No Minimum Trading Days
- One-step & Two-step Funding
- Refundable Fees
- News Trading Allowed
- Overnight & Weekend Holding Allowed
- 80% Profit Split
- Weekly Payouts After First Payout
- Community-Centered Prop Firm