Drawdown FAQ
6 articles
Daily Drawdown is the maximum amount your account is allowed to lose during a single trading day.
Reaching the Daily Drawdown limit is a hard breach.
EOD means End of Day.
The Daily Drawdown calculation starts a new daily period at the configured reset time.
No.
If your account breaches before the reset, the account remains breached.
Trailing Drawdown follows your account upward when the account reaches new highs.
As your account grows, the minimum permitted account level may also increase.
High-Watermark means the highest account value reached.
The trailing drawdown can use this highest value to determine the current drawdown limit.
Static Drawdown stays at a fixed level based on the starting account value.
It does not move upward when you make profit.
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