🌅 Prop Firm Guide
futures
Updated 2026-04-30
TradeDay Trading Journal
A US futures prop firm built around live-data evaluation and a focus on consistent traders.
Why TradeDay is harder than it looks
TradeDay enforces both daily and overall drawdown rules with strict trader-room expectations — traders accustomed to 'no daily loss' firms trip the daily limit early before adapting.
Most traders approach a TradeDay challenge thinking skill is the constraint. It isn't. Rule-awareness under pressure is what decides whether you get funded. A single miscount on your trailing drawdown or a single moment of inattention on the daily loss limit ends the whole attempt — and the fee that came with it.
Rules · Account Mechanics
What you actually need to track
- Drawdown typeEnd-of-day trailing on most accounts; some plans use static drawdown
- Daily loss limitYes — typically 3-4% of starting balance
- Profit targetVaries by account size, generally 6-8%
- Consistency ruleModerate — measured at payout, not enforced mid-evaluation
- Minimum trading days5 trading days minimum on evaluations
- Live dataYes — TradeDay uses live-market data on the evaluation, not delayed
Promo tip: TradeDay discounts less aggressively than the giants but offers reasonable everyday pricing. Watch for monthly promos around major data releases.
The 3 mistakes that end most TradeDay challenges
- Tripping the daily loss limit on the first morning. Most blowups happen in the opening hour from oversizing on the first trade of the day.
- Forgetting that this is real live data — execution and slippage matter more here than on demo-fed evaluations.
- Not respecting the consistency expectation. TradeDay reviews payout requests carefully — one outsized win on an otherwise small-day account can delay funding.
"Prop firms aren't selling you capital — they're selling you a test of your discipline. The traders who pass TradeDay aren't the best strategists. They're the ones who never forget where their drawdown is."
How Journali's Prop Firm Mode solves this
Built for TradeDay specifically
Journali tracks both the daily loss buffer and the trailing drawdown side-by-side, so before every trade you see two numbers — daily room and account room — without doing the math in your head. Built for the firms that stack both rules.
Plus everything else you'd expect from a professional trading journal: unlimited trade logging, full analytics, equity curve, setup breakdown, emotion tracking, and optional AI coaching on Premier.
How to set up a TradeDay account in Journali
- Sign up free — takes 30 seconds, no credit card required.
- Go to Settings → Prop Firm Mode — toggle on and select TradeDay as your firm.
- Enter your account size and starting balance — Journali auto-fills the rule set for TradeDay.
- Link SnapTrade (optional) — auto-syncs every trade from your broker so you never manually log again.
- Start trading — your daily loss buffer, trailing drawdown, and consistency ratio are now live on every trade.
Frequently asked questions
Does Journali's prop firm mode work with TradeDay?
Yes. Journali's Prop Firm Mode supports TradeDay's rule set including end-of-day trailing on most accounts; some plans use static drawdown. You set it up once, and the dashboard tracks your buffer live on every trade.
Is there a free trial I can use while running a TradeDay challenge?
Journali's free plan includes 6 trades. If you're burning through a TradeDay evaluation, upgrade to Pro ($20/mo) for unlimited trades and Prop Firm Mode. Cancel anytime — no contract.
What's the #1 reason traders blow their TradeDay challenge?
Tripping the daily loss limit on the first morning. Most blowups happen in the opening hour from oversizing on the first trade of the day.
Can I track multiple TradeDay accounts in Journali?
Yes. Each account gets its own drawdown, daily loss, and consistency tracking. Perfect if you're stacking TradeDay accounts during a promo.
Also see
Start your TradeDay challenge with confidence
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Rules shown are current as of 2026-04-30 and may change. Always verify rules on TradeDay's official site before trading.