Drawdowns
The MLL (Maximum Loss Level) only trails upward at End of Day (EOD). It locks to new EOD highs and never moves down. However, a breach occurs the moment your account balance, including open unrealized P&L, hits the MLL at any point during the trading day, not just at EOD. There are no daily loss limits on any plan.
Trailing Drawdown (Standard Eval, Instant Funded)
The drawdown level trails up as your account reaches new EOD highs, but never trails down. It stops trailing up once it reaches your starting balance and locks there forever.
| Day | Account | Drawdown Level |
|---|---|---|
| Day 0 - Start | $50,000 | $48,000 (starting - 4%) |
| Day 1 - +$1,200 | $51,200 | $49,200 |
| Day 2 - -$700 | $50,500 | $49,200 (never down) |
| Day 3 - +$2,300 | $52,800 | $50,800 |
| Day 4 - +$1,000 | $53,800 | $50,000 (starting balance - locked) |
Drawdown will never trail above starting balance. If EOD balance hits $50,000 or below in this example, it is a hard breach.
Static Drawdown (TrueRisk only)
The drawdown level is fixed at $0 forever. Your entire balance is your drawdown. You breach the moment your account balance, including open unrealized P&L, hits $0 at any point, not just at EOD.
| Day | Account | Drawdown Level |
|---|---|---|
| Day 0 - Start | $5,000 | $0 (fixed) |
| Day 5 | $8,200 | $0 |
| Day 12 | $3,100 | $0 |
Breach occurs if balance, including unrealized P&L, hits $0 at any point.
What happens when I request a payout?
Example: 100k Instant Funded grows to $112,000. You request a $4,000 payout before profit split, receive $3,200 at 80/20, and the balance becomes $108,000. Drawdown locks at $100,000, leaving $8,000 of room.
On all plans, the drawdown locks at your starting balance the moment you request a payout. This is critical to understand before withdrawing.