TPThe Trading Playbook

Updated 2026-03-24

How to Pass the SpiceProp Challenge

→ View SpiceProp full profile

Challenge at a Glance

Account Sizes
$1K, $2.5K, $5K, $6K, $10K, $15K, $25K, $40K, $50K, $80K, $100K, $120K, $150K, $300K
Challenge Price (from)
$70
Profit Target P1
10%
Profit Target P2
5%
Max Daily Loss
5.5%
Max Total Loss
11%
Min Trading Days
3 days
Time Limit
Unlimited
Payout Split
60%

Risk Management Calculator

Position sizing based on 1% risk per trade on a 1 standard lot EUR/USD position.

Account SizeDaily Loss Limit1% Risk/TradeSL (1 lot EURUSD)Max Open Trades
$1,000$55$101 pips2
$2,500$138$253 pips2
$5,000$275$505 pips2
$6,000$330$606 pips2
$10,000$550$10010 pips2
$15,000$825$15015 pips2
$25,000$1,375$25025 pips2
$40,000$2,200$40040 pips2
$50,000$2,750$50050 pips2
$80,000$4,400$80080 pips2
$100,000$5,500$1,000100 pips2
$120,000$6,600$1,200120 pips2
$150,000$8,250$1,500150 pips2
$300,000$16,500$3,000300 pips2

4-Week Strategy Framework

Week 1Foundation Building
Objective
Establish rhythm and avoid major mistakes. Target 2-3% profit while staying well within the 5.5% daily loss limit. Focus on execution quality over profit maximization.
Position Sizing
Risk maximum 1.5% per trade, never more than 3% total exposure at once. This keeps you safe from the 5.5% daily limit even with multiple losing trades. Remember, we have unlimited time - use it wisely.
Mindset
You're not here to get rich quick. Every prop firm payout starts with passing Phase 1. Treat this week as paid education. Better to end at 1% profit with clean execution than 4% with sloppy risk management.
If Ahead
If you hit 3%+ profit by week's end, reduce risk per trade to 1% maximum. The 11% total drawdown rule means you can afford to coast a bit. Don't give back gains to overconfidence.
If Behind
If you're flat or slightly red, don't panic. You have unlimited time and only need 3 trading days minimum. Reduce size to 1% per trade and focus purely on process. One good week can solve everything.
Week 2Momentum Building
Objective
Build on Week 1's foundation. Target 4-6% cumulative profit. If you're already ahead, maintain gains. If behind, this is your catch-up week without forcing trades.
Position Sizing
If profitable from Week 1, stick to 1.5% risk per trade. If behind, you can push to 2% per trade maximum, but never exceed 4% total daily exposure. The 5.5% daily limit is your hard stop.
Mindset
Week 2 is where most traders either build confidence or blow accounts. Stay mechanical. The 10% target seems big, but it's only 2-3 good trading days if you're patient. Don't let FOMO drive decisions.
If Ahead
If you're at 6%+ profit, you're in the driver's seat. Reduce to 1% risk per trade and trade only A+ setups. You're 4% away from Phase 2 - protect what you have while staying active.
If Behind
If still negative or barely positive, reassess your edge. Don't increase size beyond 2% per trade. Focus on quality over quantity. Sometimes the best trade is the one you don't take.
Week 3Target Approach
Objective
Push toward the 10% Phase 1 target while respecting the 11% maximum drawdown rule. If close to target, focus on preservation. If far behind, calculated aggression is needed.
Position Sizing
Adjust based on distance to target. Within 3% of the 10% goal? Risk only 1% per trade. More than 5% away? You can risk 2-2.5% per trade, but watch that daily 5.5% limit like a hawk.
Mindset
This is decision week. You'll either position yourself for Phase 1 completion or need a strong finish in Week 4. Stay process-focused. The market doesn't care about your timeline - respect it.
If Ahead
If you're at 8%+ profit, you're almost home. Risk no more than 1% per trade and focus on clean, obvious setups. Don't snatch defeat from the jaws of victory.
If Behind
If you're significantly behind target, avoid the gambler's mentality. Increase size gradually - never jump from 1% to 3% risk overnight. Better to fail with dignity than blow the account chasing.
Week 4Target Completion
Objective
Reach the 10% Phase 1 target through disciplined execution. If already there, maintain the gain. If behind, make a controlled final push without violating the 11% drawdown rule.
Position Sizing
If within 2% of target, risk 1% per trade maximum - just nudge across the finish line. If you need 4%+ still, you can risk up to 2.5% per trade, but respect the 5.5% daily loss limit religiously.
Mindset
This is where discipline separates successful traders from the rest. If you're close, don't get fancy. If you're behind, don't panic trade. You have unlimited time - if this month doesn't work, reset and apply lessons learned.
If Ahead
If you hit 10%+, congratulations! Now protect it. Trade minimal size just to stay active and avoid extended inactivity. Your focus shifts to Phase 2 preparation mentally.
If Behind
If you can't reach 10% safely this month, there's no shame in resetting. Better to restart with lessons learned than to blow the account in desperation. The 11% max loss rule exists for a reason - respect it.

SpiceProp Rule Guides

Max Daily LossMax Total LossProfit Target P1Profit Target P2Min Trading DaysTime LimitPayout SplitNews TradingEA & Bot Policy

Frequently Asked Questions

Disclaimer: This guide is for informational and educational purposes only. It does not constitute financial advice or a guarantee of passing the SpiceProp challenge. Challenge rules and pricing change regularly — always verify current terms at SpiceProp's official website. Last updated: 2026-03-24.