![]() ![]() The trailing drawdown will always trail the highest balance or equity by 8%. If your account balance or equity reaches $108,000, your trailing drawdown meter will be set at $100,000. The 8% Maximum Total Drawdown is also a trailing metric of the account balance and equity.Įxample: If you start with a $100,000 account, your maximum loss level will be set at $92,000. ![]() Highest balance or equity of the day (whichever is higher) – current equity. Secondarily, this metric is also calculated by the highest equity point.īe sure not to go 4% lower than the initial balance at reset time, or 4% lower than the highest equity point in one day.Īttached below is the counting formula that our system uses in order to determine drawdown amounts. This resets each day at 00:00PM Market Watch Time. The 4% Max Daily Drawdown is originally and firstly based on your initial account balance at the reset time, before any trades are executed.
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