DayTraders No Reset Policy: What If You Fail?
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Disclaimer
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DayTraders does not offer resets on any account type. Fail your evaluation, and the account is done. No reset button, no fee to try again on the same account. You buy a new evaluation and start fresh.
This policy applies to Trail evaluations, Static evaluations, S2F accounts, S2L evaluations, and Pro accounts. Every single product at DayTraders follows the same rule: fail means repurchase.
At first glance, this looks like a disadvantage compared to firms that offer $25-$100 reset fees. But when you factor in DayTraders' aggressive discounting (80-85% off on evaluations), the math tells a different story. Repurchasing a $30-$132 evaluation can actually be cheaper than paying reset fees at other firms.
This guide covers exactly what happens when you fail, how the discount code system works, cost comparisons against reset-based competitors, and how to minimize your chances of failing in the first place.
What Happens When You Fail a DayTraders Evaluation?
When your evaluation account breaches the drawdown threshold, the following happens automatically:
Immediate account termination. The account stops functioning. You can't place new trades. Any open positions at the time of breach are closed by the system.
Dashboard removal. The failed account gets removed from your member dashboard. You can't access historical trades or performance data after the account is cancelled.
Automatic cancellation. Failed accounts are automatically cancelled by the system. You don't need to do anything manually.
Discount code delivery. Approximately 1 day after the failure, DayTraders sends a discount code to your registered email. The email typically arrives around 1:00 AM ET. This code provides a discount on your next evaluation purchase.
That's it. No reset option. No fee to restart. No appeal process for the drawdown breach. The account is gone, and you start over with a new purchase if you want to try again.
How Does the Post-Failure Discount Code Work?
DayTraders sends an exclusive discount code via email after your account fails. Here's what to expect:
Timing. The code arrives approximately 1 day after the failure event. The email is typically sent around 1:00 AM ET, so check your inbox the morning after your account breaches.
Delivery method. The code comes to the email address registered with your DayTraders account. Check your spam/junk folder if you don't see it in your inbox.
Discount amount. DayTraders doesn't publicly disclose the exact discount percentage on the post-failure code. It's separate from their general sales promotions (80-85% off). The code could stack with or replace existing promotions depending on current offers.
Usage. Apply the code during checkout when purchasing your next evaluation. It works like any promotional code on their website.
Expiration. The code likely has an expiration date, though the specific timeframe isn't published. Use it within a few days to be safe.
The discount code is DayTraders' way of softening the no-reset policy. Instead of charging a $25-$100 reset fee like other firms, they offer a discount on the full repurchase. The end result is similar in cost, sometimes even cheaper.
Does This Apply to All DayTraders Account Types?
Yes. Every account type at DayTraders has the same no-reset policy.
The Pro Account situation is the most painful. You've already spent money on the evaluation (pass), the $130 activation fee, and accumulated trading days. A failure on the Pro Account wipes all of that. You can't reinstate it. You're starting the entire journey over: new evaluation, new pass, new $130 activation.
S2F failures are also costly. S2F accounts are priced higher ($370-$825 at regular price, $222-$495 at 40% off) because they skip the evaluation phase. Losing an S2F means you're out the full purchase price with no reset option.
Is a Repurchase Cheaper Than a Reset at Other Firms?
This is where the math gets interesting. DayTraders' current sale prices (as of April 2026) with 80-85% discounts make repurchases surprisingly affordable.
At current sale prices, a DayTraders repurchase on a 25K Static ($30) or 50K Static ($40) is competitive with or cheaper than typical reset fees at other prop firms. The 25K Trail at $37 is in the same ballpark as most firms' reset fees for that account size.
Larger accounts show bigger savings. A 150K Trail repurchase at $105 compares favorably to $75-$150 reset fees, especially since the DayTraders repurchase gives you a completely fresh account with a new drawdown threshold and clean trade history.
The catch: sale prices aren't permanent. These 80-85% discounts are promotional rates. DayTraders could reduce or remove these discounts at any time. At full regular prices ($150-$879), the repurchase model becomes significantly more expensive than reset fees at most competitors.
If the current sale pricing disappears, the no-reset policy becomes a genuine disadvantage. A full-price repurchase of a 50K Trail at $379 is far more expensive than a $35-$80 reset fee at other firms.
How Many Times Can You Retry at DayTraders?
Unlimited. DayTraders places no cap on how many evaluations you can purchase and attempt. Fail 5 times, buy a 6th. Fail 20 times, buy a 21st. No lifetime limit, no cooldown period, no penalty for repeated failures.
This unlimited retry policy, combined with the discount code system, makes DayTraders accessible for traders who need multiple attempts. Many prop firm traders don't pass on their first try. Having no cap on attempts means you can keep refining your approach.
Here's the true cost of multiple attempts at current sale prices:
Even after 10 attempts on a 25K Static, you've spent $300 total. That's less than the regular price of a single 50K Trail account ($379). If you're using the post-failure discount codes on top of sale prices, the numbers drop even lower.
What Happens When a Pro Account Fails?
Pro Account failures are the most consequential at DayTraders because you lose more than just the evaluation cost.
When a Pro Account breaches its drawdown threshold:
- The Pro Account is permanently closed. No reinstatement option. No appeal.
- All accumulated profits are forfeited. If you had $2,000 in unrealized profits, they're gone.
- Pending payout requests are cancelled. If you submitted a payout that hasn't been approved yet, it's voided.
- Your $130 activation fee is not refunded. That's a sunk cost.
- You need to start from scratch. Buy a new evaluation, pass it, and pay the $130 activation fee again.
The total cost of a Pro Account failure and restart:
This is why risk management on Pro Accounts matters even more than on evaluations. A Pro Account failure is a double loss: you lose the account AND the money you spent getting there.
Alternative after Pro failure: S2F. Instead of going back through evaluation, you could buy an S2F account ($222-$495 at 40% off). S2F skips the evaluation entirely and gets you directly into a funded account. The drawback is stricter rules (20% consistency vs 30% on Pro, 10 qualifying days between payouts vs 8 on Pro).
How Does Account Cancellation Work?
DayTraders offers self-service cancellation through the member portal. Here's what to know:
Self-service. You can cancel any account yourself through the dashboard. No support ticket required.
Irreversible. Once cancelled, the account cannot be reinstated. This applies to both active accounts and failed accounts.
Automatic for failures. Failed accounts are automatically cancelled. You don't need to manually cancel a failed account.
Subscription termination. If you're on a monthly rebilling plan, cancelling the account stops all future charges.
Dashboard removal. Cancelled accounts are removed from your active dashboard.
One important warning: don't cancel your evaluation account after passing. The help center specifically states that cancelling a passed evaluation prevents Pro Account activation. Wait for the system to process your pass (up to 5 days), then activate Pro within the 30-day window.
What Are the Most Common Reasons for Evaluation Failure?
Understanding why traders fail helps you avoid the same mistakes. Based on DayTraders' rules and common trader experiences, here are the primary failure causes:
Drawdown breach (Trail accounts). Intraday trailing drawdown is the number one account killer. The drawdown follows your highest unrealized P&L in real-time. If your position spikes up by $500 before you close it, the drawdown threshold moves up by $500 permanently. One big unrealized winner that you don't lock in can set a drawdown floor that's very close to your current balance.
Drawdown breach (Static accounts). Static drawdown is fixed, which means it doesn't trail. But the buffer is small. A 50K Static only has $1,000 of drawdown. That's 20 ticks on ES. One bad trade without a stop loss can end the account.
Consistency rule violation. No single day can exceed 50% of total profits (evaluation), 30% (Pro), 25% (S2L eval), or 20% (S2F). Traders who have one big winning day and then try to pass on minimum days often hit this limit. The fix is to keep trading and dilute the big day's percentage before hitting the profit target.
Minimum activity failure. On one-time/lifetime accounts, you need 4 qualifying trading days per rolling 30-day period. On monthly rebilling, it's 1 qualifying day per billing cycle. Missing this requirement can result in account termination.
Not meeting minimum daily profit. A qualifying day requires meeting the minimum daily profit threshold ($100-$400 depending on account size). Trading days where you don't hit the minimum don't count toward the 2-day requirement to pass.
How to Minimize Failures at DayTraders
Practical strategies to reduce the chance of needing to repurchase:
Use proper stop losses. Set a stop loss on every trade. The maximum stop loss should be calculated based on your drawdown buffer. On a 50K Trail with $2,500 drawdown, you can't afford more than $2,500 in losses total. Set individual trade stops at $200-$500 to leave room for multiple trades.
Size down after a losing day. If you lose $500 on Day 1 of a 50K Trail evaluation, your remaining drawdown buffer is $2,000. Trade smaller on Day 2. Don't try to make it all back immediately. Increasing size after losses is both risky and could trigger the martingale rule if you double up.
Know your drawdown type. Trail accounts trail intraday (unrealized P&L moves the threshold). Static accounts have a fixed floor. S2F uses end-of-day calculations. S2L has both trailing drawdown and a daily loss limit. Each type requires a different risk management approach.
Plan for the consistency rule. If you need to make $3,000 on a 50K Trail, don't try to do it in 2 days ($1,500 each). That's exactly 50% each day, right at the consistency limit. Spread it across 3-5 days to keep each day below 50% comfortably.
Start with a Static account. Static drawdown doesn't move. You always know exactly where your floor is. Trail accounts punish unrealized profits that you don't capture, which creates unexpected drawdown floor increases. Static removes that variable.
Trade during normal hours. Avoid thin overnight sessions where spreads widen and slippage increases. Stick to regular trading hours (9:30 AM - 4:00 PM ET for equity futures) when liquidity is highest.
Close positions before 4:59 PM ET. DayTraders won't auto-close your positions at end of day. If you're still holding at the cutoff, Mark-to-Market adjustments apply. This can cause unexpected balance changes. Close everything manually before the deadline.
Does DayTraders' No-Reset Policy Affect Account Limits?
No. Failed accounts don't count against your active account limits. The limits only apply to currently active accounts:
- Up to 15 evaluation accounts simultaneously
- Up to 5 Pro accounts
- Up to 3 S2F accounts
- Up to 5 combined funded accounts (Pro + S2F)
- Up to 5 S2L evaluation accounts
- Up to 5 S2L live accounts
If you fail 3 evaluations and buy 3 new ones, you have 3 active evaluations. The 3 failed accounts don't exist anymore. They've been cancelled and don't count toward any limit.
This means you can cycle through evaluations without worrying about hitting a cap, as long as you don't have more than 15 active evaluations at any given time.
Should You Choose DayTraders Despite the No-Reset Policy?
The no-reset policy sounds worse than it is in practice. Here's the honest assessment:
Choose DayTraders if:
- Sale prices are active (80-85% off makes repurchases cheap)
- You prefer a clean start after failure instead of continuing on a beaten-up account
- You don't mind the 1-day wait for a discount code
- You want unlimited retry attempts
- The 2-day minimum pass requirement appeals to you (fast path to funding)
Consider alternatives if:
- You expect to need multiple resets (high failure rate)
- Sale pricing ends and regular prices apply ($150-$879 per evaluation)
- You prefer the psychological continuity of resetting the same account
- You want instant reset capability (no waiting for a discount code)
The bottom line: at current sale prices, the no-reset model is competitive. If those prices go up, the calculation changes significantly. Factor in the $130 Pro activation fee for Trail/Static paths, and the true cost of failure at DayTraders is higher than just the repurchase price.
FAQ Section
Does DayTraders offer resets on failed evaluations?
No. DayTraders has no reset option on any account type. If you fail an evaluation (Trail, Static, S2F, or S2L), the account is automatically cancelled and you must purchase an entirely new evaluation to try again. A discount code is sent via email approximately 1 day after failure (around 1:00 AM ET) to reduce the cost of your next purchase. Unlimited evaluation attempts are allowed.
How much does it cost to retry after failing at DayTraders?
At current sale prices (April 2026), a repurchase costs $30-$132 for Trail/Static evaluations (80-85% off). A 25K Static costs $30, a 50K Trail costs $57, and a 150K Trail costs $105. S2F accounts are more expensive to repurchase ($222-$495 at 40% off). Plus DayTraders sends a post-failure discount code that could reduce the price further. At regular prices without discounts, repurchases range from $150-$879.
What happens if my Pro Account fails at DayTraders?
The Pro Account is permanently closed with no option for reinstatement. All accumulated profits are forfeited, pending payouts are cancelled, and the $130 activation fee is not refunded. To get another Pro Account, you must purchase and pass a new evaluation, then pay the $130 activation fee again. The total restart cost for a 50K Trail is roughly $187 (evaluation + activation) at current sale prices, plus all previously spent money is lost.
When does the post-failure discount code arrive?
DayTraders sends the discount code via email approximately 1 day after your account fails. The email typically arrives around 1:00 AM ET. Check your registered email inbox and spam/junk folder. The code is exclusive to traders who recently failed an account and provides a discount on the next evaluation purchase.
Is DayTraders' repurchase model cheaper than reset fees at other firms?
At current sale prices, yes. A DayTraders 25K Static repurchase at $30 or 50K Trail at $57 is competitive with typical prop firm reset fees ($25-$100). Larger accounts like 150K Trail at $105 also compare favorably. The advantage breaks down if DayTraders' sale pricing ends. At regular prices ($150-$879), repurchases become significantly more expensive than standard reset fees at competitors.
Can I reset an S2F (Straight to Funded) account?
No. S2F accounts follow the same no-reset policy. If your S2F account breaches its drawdown, it's permanently closed. You must purchase a new S2F account ($222-$495 at 40% off) or start a Trail/Static evaluation instead. S2F accounts are the most expensive to replace because they carry higher base prices and smaller discounts (40% off vs 80-85% on evaluations).
Is there a limit on how many times I can retry at DayTraders?
No limit. DayTraders allows unlimited evaluation attempts. You can fail and repurchase as many times as you want. There's no cooldown period between purchases, no lifetime cap on accounts, and no penalty for repeated failures. The only practical limit is your budget and the 15-account cap on simultaneously active evaluations.
Does a failed account count against my account limits?
No. Failed accounts are automatically cancelled and don't count toward your active account limits. The limits (15 evaluations, 5 Pro, 3 S2F, 5 S2L) only apply to currently active accounts. If you fail 10 evaluations and buy 2 new ones, you have 2 active evaluations, not 12.
Can I cancel my DayTraders account and get a refund?
No. Account cancellation is self-service through the member portal, but it's irreversible and no refund is issued. All DayTraders purchases are final. This applies to evaluation fees, Pro activation fees, data fees, and add-ons. Chargebacks are prohibited and will result in account suspension or permanent termination. Failed accounts are automatically cancelled, so you don't need to cancel them manually.
What's the best way to avoid needing a reset at DayTraders?
Use proper stop losses on every trade, size your positions conservatively relative to your drawdown buffer, and plan for the consistency rule by spreading profits across multiple days. Start with Static accounts (fixed drawdown, no trailing surprises) if you're new to prop trading. Close all positions before 4:59 PM ET daily. Avoid increasing position size after losses to stay clear of the martingale rule. Trade during regular hours when liquidity is highest to reduce slippage risk.
Infographic Prompts
Prompt 1 β No Reset Flow Diagram Technical schematic flowchart on dark navy (#0D1117) background. Flow: "Evaluation Active" to "Drawdown Breach" (red X) to "Account Cancelled" to "Discount Code Email (~1 day)" to "Buy New Evaluation" back to "Evaluation Active." Circular loop with cost labels at each step. Side branch showing "Pro Account Failure" leading to "Lost: $130 activation + profits." Title "DayTraders: The No-Reset Cycle" in bold white sans-serif. 16:9 landscape format.
Prompt 2 β Repurchase vs Reset Fee Comparison Technical schematic on dark navy (#0D1117) background. Side-by-side bar chart. Left bars: "DayTraders Repurchase (Sale)" showing $30, $57, $105 for 25K/50K/150K accounts in electric lime (#E5FF00). Right bars: "Typical Reset Fees" showing $25-50, $35-80, $75-150 ranges in white. Title "No Reset vs Reset Fees: Cost Comparison" in bold white. Clean minimal design. 16:9 landscape format.
Prompt 3 β Multiple Attempt Cost Ladder Technical schematic on dark navy (#0D1117) background. Stepped ladder diagram showing cumulative cost across 1, 3, 5, and 10 attempts for a 50K Trail at $57 each: $57, $171, $285, $570. Each step labeled with attempt count and running total. Vertical axis showing dollar amounts. Title "DayTraders: Cost of Multiple Attempts" in bold white sans-serif. 16:9 landscape format.
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