{"id":6226,"date":"2026-07-30T09:13:20","date_gmt":"2026-07-30T07:13:20","guid":{"rendered":"https:\/\/propaccount.com\/?post_type=glossary&#038;p=6226"},"modified":"2026-07-30T09:13:20","modified_gmt":"2026-07-30T07:13:20","slug":"what-is-an-evaluation-phase","status":"publish","type":"glossary","link":"https:\/\/propaccount.com\/ja\/resources\/glossary\/what-is-an-evaluation-phase\/","title":{"rendered":"\u8a55\u4fa1\u30d5\u30a7\u30fc\u30ba\u3068\u306f\u4f55\u3067\u3059\u304b\uff1f"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">\u3042\u308b <\/span><b>\u8a55\u4fa1\u30d5\u30a7\u30fc\u30ba<\/b><span style=\"font-weight: 400;\"> 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center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}}},"glossary-category":[131],"class_list":["post-6226","glossary","type-glossary","status-publish","hentry","glossary-category-trader-glossary"],"acf":{"target_keyword":"Evaluation phase","glossary_post_image":"","key_takeaway":"Key Takeaway","key_takeaway_description":"An evaluation phase is a stage of a prop firm challenge where a trader must meet a defined profit target while observing the risk rules. Challenges are structured as one-, two-, or three-phase evaluations, with the target either concentrated in a single phase or split across multiple phases. Rule discipline carries across all phases until the account transitions to funded status.","faq":"<b>What is the difference between one-phase and two-phase evaluations?<\/b>\r\n\r\n<span style=\"font-weight: 400;\">A one-phase evaluation requires the trader to hit the full profit target in a single stage before moving to funded status. A two-phase evaluation splits the requirement across two stages, typically with a higher target in the first phase and a lower one in the second. Risk rules apply across both phases.<\/span>\r\n\r\n<b>Do the risk rules reset between phases?<\/b>\r\n\r\n<span style=\"font-weight: 400;\">No. Maximum drawdown, daily loss limits, and any consistency rules stay in force from the original account balance across the full evaluation. Passing one phase does not create a new starting point for risk measurement.<\/span>\r\n\r\n<b>Which structure is easier to pass?<\/b>\r\n\r\n<span style=\"font-weight: 400;\">It depends on the trader's approach. One phase is faster but usually carries a higher target and tighter rules. Multi-phase gives more time but requires longer rule discipline. Neither is objectively easier. The right structure depends on the trader's style and how they prefer to build profit.<\/span>"},"_links":{"self":[{"href":"https:\/\/propaccount.com\/ja\/wp-json\/wp\/v2\/glossary\/6226","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/propaccount.com\/ja\/wp-json\/wp\/v2\/glossary"}],"about":[{"href":"https:\/\/propaccount.com\/ja\/wp-json\/wp\/v2\/types\/glossary"}],"wp:attachment":[{"href":"https:\/\/propaccount.com\/ja\/wp-json\/wp\/v2\/media?parent=6226"}],"wp:term":[{"taxonomy":"glossary-category","embeddable":true,"href":"https:\/\/propaccount.com\/ja\/wp-json\/wp\/v2\/glossary-category?post=6226"}],"curies":[{"name":"\u30ef\u30fc\u30c9\u30d7\u30ec\u30b9","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}