2-Step: Drawdown - Max & Daily

Modified on Mon, 23 Sep at 2:34 PM

  • Maximum Drawdown:

    • 10% of the initial balance across all phases.
  • Daily Drawdown:

    • 4% of the previous trading day's closing balance at 20:59 UTC. 
  • Drawdown Policy:

    • Static and balance-based.
    • Hard breach occurs if equity and/or balance drops by:
      • 4% below the closing balance at 20:59 UTC, or
      • 10% from the initial starting balance.

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