> For the complete documentation index, see [llms.txt](https://hyperpnl.gitbook.io/docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://hyperpnl.gitbook.io/docs/challenges-101/evaluation-rules/1-step-challenges.md).

# 1-Step Challenges

#### <mark style="color:$warning;">**Profit Target (10%)**</mark>

The profit target is the goal you need to achieve to pass each phase of the challenge.<br>

* Your profit target is 10%.<br>

You will pass the challenge and be eligible for a funded account once you reach the profit target  without violating any of our other rules.

{% hint style="info" %}
When your equity reaches the profit target, all open positions are automatically closed by the system.

You are then moved to the next phase immediately.

This happens automatically and does not require any manual action.
{% endhint %}

#### <mark style="color:$warning;">**Max Drawdown (5% - static)**</mark>

The max drawdown is the total amount your account's balance or equity can drop from its starting value.

* The maximum loss limit for your account is 9%.

{% hint style="info" %} <mark style="color:$warning;">**Example:**</mark>&#x20;

Your account will be automatically closed if your balance or equity drops below $91,000 on a $100,000 account.
{% endhint %}

#### <mark style="color:$warning;">**Max Daily Drawdown (3%)**</mark>

The maximum daily drawdown limit is not fixed to the initial account balance. It is recalculated each day at 00:00 UTC based on your account’s equity at that time. The limit does not move intraday and only updates at the next daily reset.

{% hint style="info" %} <mark style="color:$warning;">**Example: Max Daily Drawdown Calculation**</mark><br>

You have a $100,000 account with a 3% daily drawdown limit.

<mark style="color:$warning;">**Day 1**</mark>

* Your daily drawdown limit is 3% of $100,000 = $3,000
* Your equity or balance must not fall below $97,000 during the day.

\
During the day, you make profits and at 00:00 UTC,&#x20;

* Equity is $103,000
* The system takes $103,000 as the new reference value.

\ <mark style="color:$warning;">**Day 2**</mark>

* Your daily drawdown limit becomes 3% of $103,000 = $3,090.
* Your equity or balance must not fall below $99,910 during Day 2.
  {% endhint %}

#### <mark style="color:$warning;">**No Additional Rules**</mark>

Multiple accounts, copy trading not allowed. Other than this,\
\
Only the rules listed on this page apply.

There are:

* No consistency rules
* No maximum risk per trade rules
* No hidden or discretionary conditions

You can trade freely within the defined profit targets and drawdown limits.

If a rule is not written here, it is **not enforced**.