How do you calculate the 10% Maximum Trailing Drawdown?
Maximum drawdown is the maximum your account can drawdown before you would hard breach your account. When you open the account, your Maximum Drawdown is set at 10% of your starting balance. This 10% is static and does not trail.
2-Step General Trading Rules
Rule Area Step 1 Step 2 Live Notes Equity Growth Target 10% 5% – Live Account has no limit Daily Loss Limit 5% 5% 5% Equity-based, limit set by prior day balance (Hard Breach) Max Drawdown 10% 10% 10% Equity-based, trailing account balance high water mark, locks in at starting account balance (Hard Breach) Inactivity […]
