Challenge Tracker

A prop firm challenge tracker is a tool that helps you monitor your progress during a proprietary trading firm evaluation. It logs your trades, calculates key metrics like P&L, drawdown, win rate, and profit factor, and shows you how close you are to passing (or failing) your challenge. Instead of manually tracking in a spreadsheet, our tracker automates everything in real-time.

Click the "Add Trade" button, then fill in the instrument (e.g., EUR/USD, NQ), your entry price, exit price, lot size, and direction (long or short). The tracker will automatically calculate your P&L, update your balance, and recalculate all metrics including drawdown, win rate, and progress toward your profit target.

Your data is stored in your browser session only. This means it will be lost if you close the tab, clear your browser data, or refresh the page. We strongly recommend exporting your trades to CSV regularly using the export button. This ensures you always have a backup of your trade journal.

The tracker calculates: total P&L (profit and loss), current balance, drawdown from your initial capital (static), win rate percentage, profit factor (total wins divided by total losses), average win size, average loss size, number of trades, and progress toward your profit target as a percentage.

It depends on the firm you select. For a static drawdown the floor sits at your starting balance minus your allowance and never moves. For a trailing drawdown the floor follows your highest balance, so it climbs when you win and stays there when you give the profit back - and for firms that lock it, such as Topstep at the starting balance or MyFundedFutures at the starting balance plus $100, it stops climbing there. The tracker shows how much room you have left before a breach, and that figure goes back up when you recover. For example, if you start with $100,000 and your balance drops to $96,000, your drawdown is $4,000 or 4%. Note that many prop firms use trailing drawdown (from your highest balance), so if your balance peaked at $103,000 and dropped to $99,000, trailing drawdown would be $4,000 even though you're still above starting capital.

Profit factor is your total gross profits divided by your total gross losses. A profit factor of 1.0 means you're breaking even. Above 1.0 means you're profitable. Most successful challenge traders have a profit factor between 1.5 and 3.0. It's more reliable than win rate alone because it accounts for the size of your wins vs losses — you can have a 40% win rate but still be profitable if your winners are much larger than your losers.

The tracker handles one challenge at a time. If you want to start tracking a new challenge, first export your current data to CSV (so you don't lose it), then reload the page to start from a clean slate. The tracker keeps nothing between sessions. You can keep multiple CSV files to compare your performance across different challenges.

Click the CSV export button in the tracker. This downloads a .csv file containing all your trades with timestamps, instruments, prices, P&L, and running balance. The file is compatible with Excel, Google Sheets, and any spreadsheet application. We recommend exporting at least once per week.

Pick your firm and program in the panel at the top and the tracker applies that firm's own drawdown rule. It covers 21 firms and 28 programs, each read from the firm's own documentation, most recently on 2026-08-23. Static or trailing, recalculated intraday or at the session close, and the threshold where the trail stops climbing are all modelled. Where a firm does not state a rule we display "not stated" rather than guess. The journal itself - trades, P&L, win rate, CSV export - works with any firm, listed or not.

We recommend a quick review before each trading session (30 seconds — check drawdown, distance to target) and a deeper weekly review every Friday. During the weekly review, look for patterns: your best/worst days, most profitable instruments, win rate by time of day, and whether your risk per trade is consistent.

A 50-60% win rate with a 1:2 risk-to-reward ratio is more than enough to pass most challenges. Many successful funded traders operate with win rates between 45-55%. Don't chase a high win rate — focus on having your average win be larger than your average loss. A 45% win rate with a 1:3 RR ratio is far more profitable than a 70% win rate with a 1:0.5 RR ratio.

Risk only 0.5-1% of your account per trade. Set a daily loss limit (e.g., 2% of account) and stop trading for the day if you hit it. After 2-3 consecutive losses, take a break regardless of your daily limit. Keep a mental "red zone" — if your drawdown reaches 60% of the maximum allowed, switch to half position sizes until you recover.

Yes, each trade row in the tracker has edit and delete buttons. You can modify any trade details (entry price, exit price, lot size, direction) or remove a trade entirely. The tracker will automatically recalculate all metrics after any edit or deletion.

The Challenge Tracker logs your real trades and shows actual performance during a live challenge. The Challenge Simulator uses Monte Carlo analysis to run thousands of hypothetical scenarios based on your win rate and risk-reward ratio, telling you the statistical probability of passing before you start. Use the Simulator to plan, and the Tracker to execute.

Yes, 100% free with no catches. No signup required, no email capture, no premium tier, no data collection. The tool runs entirely in your browser — we don't store any of your trade data on our servers. DealPropFirm is funded through affiliate partnerships with prop firms, so all our tools remain free for traders.