Passing

In one line: resolved PnL only, and no single event can carry the whole target.

The target#

10% — $500 — on balance (resolved / realized only). An unresolved position contributes nothing to the target until it resolves.

Concentration cap#

No single event can contribute more than 40%PROVISIONAL of the target. Profit above that cap still belongs to your balance and still protects your floor — it just stops counting toward the target.

In practice this means passing takes at least three events. The target bar shows counted and uncounted profit separately.