Think Capital Revamps Dual Step Challenge: Enhanced Flexibility and New Rules

Think Capital has announced a significant update to its "Dual Step Challenge" program, designed to offer greater flexibility and alignment with diverse trading styles.

The revamp introduces two distinct models: the "Dual Step (Swing)" and the "Dual Step (Intraday)," each tailored to specific trader preferences.

The Dual Step (Swing) model permits news trading and holding positions over the weekend. It sets a 4% daily drawdown based on balance and an 8% overall maximum drawdown fixed to the initial balance. Profit targets are 8% for Phase 1 and 5% for Phase 2, with dynamic leverage of 1:100. Expert Advisors (EAs) are allowed.

Conversely, the Dual Step (Intraday) model prohibits news trading and holding positions over the weekend. It maintains the same profit targets and leverage, but its daily drawdown is 4% based on equity. The overall maximum drawdown is also 8% fixed to the initial balance, and EAs are allowed.

Both models offer optional add-ons such as weekly payouts and an increased profit split of up to 90%. These enhancements aim to better adapt to participants' individual trading systems.