Many ranking systems let points fall away. Tennis counts results over a rolling year; golf rankings shrink older results over two years. The PnL World Rating does not. Every rated finish stays on a trader’s record for good, and their PWR is the sum of all of them. This page explains the choice and what balances it.
Two questions a rating can answer
A rating can answer “how much has this trader proved?” or “how well is this trader doing right now?”. Rolling windows answer the second question and give up the first: a trader who stops for a year disappears from the table, however strong their record was.
PWR answers the first question with its points and the second with a status. Points are permanent. The status, Inactive, shows whether the record is current.
The Inactive mark
A trader with no rated finish for 180 days is marked Inactive. Nothing is taken away: their PWR, their division and their history stay as they were. The mark clears the moment they finish another rated tournament, in any format.
This keeps the two questions apart. Anyone reading the rankings can see both how much a trader has achieved and whether they are still competing, without one number having to stand for both.
Why permanence suits trading
A trading record is built in very different market conditions. A trader who did well through a hard period has proved something that does not stop being true when the period ends. Wiping that result after a year would rank traders by the markets they happened to meet recently, not by what they have shown they can do.
Permanence also makes long formats worth their length. A PnL World Championship runs for a year and carries 10,000 points for first place. If its points faded, the format that asks the most of a trader would count for the least over time.
What keeps permanent points fair
Permanent points would favour volume if every finish counted the same. Two parts of the formula prevent that. Field strength scales each result by the rating of the opponents, the share of verified traders and the size of the field, so many easy results add up slowly. And the place share falls steeply, from 100% for first to 45% for third, so high places matter far more than simply finishing.
Divisions follow PWR, so they only rise. A division is a milestone a trader has reached, not a position they have to defend each month.
The full rules are in the standard; the divisions page shows the thresholds from Bronze to World Class.