When analyzing any prop firm's evaluation, your entire strategy must be built around two non-negotiable pillars: Profit Targets and Drawdown Limits.
The Profit Target is the percentage gain you must achieve to pass the challenge. It's crucial to see this not as a sprint but as a marathon. Breaking this target down into smaller, daily goals can make it less psychologically intimidating.
Drawdown Limits are even more critical. These are the “circuit breakers” that protect the firm's capital and your opportunity. A deep understanding of these limits and integrating them into your position sizing is the hallmark of a professional trader at a firm like Lark Funded.
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