Intraday vs. End-of-Day Drawdown - Ultimate Guide

Quick Answer — Intraday vs. End-of-Day Drawdown

• • Intraday trailing drawdown updates tick-by-tick during the session, so unrealized profits push your floor up in real time.

• • End-of-day (EOD) trailing drawdown only recalculates after the market closes, based on your closing balance for that session.

• • EOD drawdown is more forgiving because intraday spikes in equity don't count unless you hold them through the close.

• • On a $50,000 account with $2,500 trailing drawdown, an intraday spike to $53,000 moves your floor to $50,500 even if you close the day at $51,000. EOD would set the floor at $48,500.

• • As of March 2026, firms like Apex Trader Funding, Lucid Trading, and Top One Futures use EOD trailing. Some TakeProfitTrader plans and Topstep use intraday trailing.

What Is the Difference Between Intraday and EOD Drawdown?

Intraday drawdown and end-of-day drawdown are two methods prop firms use to calculate your trailing maximum loss limit. The core difference is timing. Intraday drawdown recalculates your drawdown floor continuously throughout the trading session, using your peak unrealized equity. EOD drawdown only recalculates once per day, after the market closes, using your end-of-session balance.

That timing gap changes everything about how you trade.

With intraday trailing, a $3,000 unrealized profit on an MNQ position at 10:30am moves your drawdown floor up by $3,000, even if you give back $2,800 of that profit before you close the trade. The damage is done. Your floor moved and it won't come back down.

With EOD trailing, that same unrealized spike doesn't count. If you close the day up $200 instead of $3,000, your drawdown floor only moves up by $200. The intraday noise is irrelevant.

I've been trading with over 50 prop firms since 2022 and have withdrawn more than $200K in verified payouts. Drawdown type has killed more of my accounts than bad entries ever did. Not because I made wrong trades, but because I didn't fully account for when the floor was moving.

How Does Intraday Trailing Drawdown Work?

Intraday trailing drawdown tracks your account equity in real time, tick by tick, throughout the trading day. Every time your account equity reaches a new peak during the session, the drawdown floor moves up by the same amount.

Here's a step-by-step example on a $50,000 account with a $2,500 intraday trailing drawdown.

You start the day with a balance of $50,000. Your drawdown floor sits at $47,500. At 9:45am you enter 2 MNQ contracts long and the market rips in your favor. Your unrealized equity hits $52,200. Your drawdown floor is now $49,700. At 10:15am the market pulls back and your equity drops to $51,100. Floor stays at $49,700 because it never moves down. You take profit and close the trade at $51,400. Floor is still $49,700. At 2pm you enter another trade and your equity briefly touches $51,800. Floor moves to $49,300? No. $49,700 is still higher. Wait. Let me recalculate.

Actually: The initial floor was $47,500. Equity peaked at $52,200, so the floor moved to $52,200 - $2,500 = $49,700. When equity later peaked at $51,800, that's below $52,200, so the floor stays at $49,700. Correct.

The floor moved $2,200 during that session from a trade that ended with only $1,400 in realized profit. That $800 gap between your best unrealized equity and your actual close is money your drawdown "remembers" but your account never captured.

This is the central problem with intraday trailing. Unrealized profits count against you permanently.

How Does EOD Trailing Drawdown Work?

End-of-day trailing drawdown ignores everything that happens during the session. It only cares about your account balance at the daily close (typically 4:59pm CT for CME futures).

Same scenario. $50,000 account, $2,500 EOD trailing drawdown.

Your floor starts at $47,500. During the day your equity spikes to $52,200, pulls back, and you close the day with a balance of $51,400. The EOD calculation looks at $51,400 as the new high-water mark. Floor moves to $51,400 - $2,500 = $48,900.

Compare that to the intraday version where the floor moved to $49,700. The EOD floor is $800 lower. That's $800 of breathing room you keep because the firm didn't penalize you for an unrealized intraday spike.

Over a week of volatile MNQ trading, that gap compounds. I've seen traders keep their accounts alive for an extra 10-15 trading days simply because their firm used EOD instead of intraday trailing.

EOD trailing drawdown is the dominant type in futures prop trading as of March 2026. Most major firms have adopted it because traders demanded it, and firms that didn't switch lost market share.

Intraday vs. EOD Drawdown: Dollar-for-Dollar Comparison

Let me run through a full 5-day scenario so you can see the cumulative effect. Account size is $50,000. Trailing drawdown is $2,500. The trader is scalping MNQ (Micro Nasdaq futures).

DayIntraday Peak EquityClosing BalanceIntraday FloorEOD FloorDifferenceMonday$51,800$50,600$49,300$48,100$1,200Tuesday$52,400$51,200$49,900$48,700$1,200Wednesday$53,100$50,800$50,600$48,700$1,900Thursday$51,500$50,400$50,600$48,700$1,900Friday$51,200$49,900$50,600$48,700$1,900

Look at Friday. The intraday trader's closing balance of $49,900 is below their intraday floor of $50,600. They're blown. Account violated. Done.

The EOD trader with the exact same trades, same entries, same exits? Their floor is $48,700. They're still alive with $1,200 of room. Same trader. Same performance. Different drawdown type. Different outcome.

That's a real scenario I've lived through. Wednesday was the killer. The intraday peak hit $53,100 on an NQ scalp that I held too long before taking profit at $50,800. The $2,300 gap between my peak equity and closing balance ate my entire safety margin.

Which Prop Firms Use Intraday Drawdown?

As of March 2026, intraday trailing drawdown is less common than it used to be. The industry has shifted toward EOD trailing as competitive pressure forced firms to offer more trader-friendly rules. But several firms still use real-time tracking on some or all of their account types.

Firms with intraday trailing drawdown (some or all accounts):

• Topstep uses real-time drawdown tracking on their Trading Combine evaluation. Your maximum loss limit updates live during the session.
• TakeProfitTrader previously offered both intraday and EOD options depending on account type. Their PRO accounts used intraday trailing.
• Tradeify uses intraday trailing on their evaluation accounts.
• Some newer or smaller firms default to intraday because it's simpler to implement in their risk management software.

The distinction matters when you're comparing firms. A firm with a $3,000 trailing drawdown on an intraday basis is stricter than a firm with a $2,500 trailing drawdown on an EOD basis. The dollar amount alone doesn't tell you the full story.

Which Prop Firms Use EOD Drawdown?

Most major futures prop firms have switched to end-of-day trailing drawdown. It's become a competitive feature that firms advertise because traders prefer it.

Firms with EOD trailing drawdown (as of March 2026):

• Lucid Trading uses EOD trailing on both LucidFlex and LucidDirect accounts. The drawdown only recalculates at 4:59pm CT.
• Top One Futures uses EOD trailing across all account sizes from $25K to $300K.
• Apex Trader Funding offers EOD trailing on their standard evaluations and Performance Accounts.
• FundedSeat uses EOD trailing drawdown on their funded accounts.
• FundingPips uses EOD trailing on their futures-focused accounts.
• YRM Prop features EOD trailing drawdown with a lock mechanism once the floor reaches the starting balance.
• Bulenox switched to EOD trailing in 2024 after initially launching with intraday.

The trend is clear. Firms that kept intraday trailing either added EOD options or lost traders to competitors who offered it.

What Is Static Drawdown and How Is It Different?

Static drawdown doesn't trail at all. It's a fixed maximum loss limit measured from your starting balance. If you start with $50,000 and have a $2,500 static drawdown, your floor is $47,500 forever. It doesn't matter if your account grows to $60,000. Your floor stays at $47,500.

This is the most forgiving drawdown type. You can never tighten the rope on yourself by making money.

The trade-off: firms that offer static drawdown usually pair it with smaller drawdown amounts, higher prices, or other restrictive rules. Nothing is free.

Here's how all three types compare on the same $50,000 account with a $2,500 drawdown after the account peaks at $53,000.

Drawdown TypeHow Floor MovesFloor After $53K PeakForgiving?StaticNever moves$47,500Most forgivingEOD TrailingAt market close only$50,500 (if closed at $53K)ModerateIntraday TrailingReal-time, tick by tick$50,500 (instant)Least forgiving

Notice that if you actually closed the day at $53,000, the EOD and intraday floors end up the same. The difference only shows up when your intraday peak is higher than your closing balance. And for most traders scalping volatile instruments like MNQ or MES, intraday peaks are almost always higher than the close.

How the Drawdown Floor Lock Changes Everything

Most prop firms with trailing drawdown include a floor lock mechanism. The drawdown trails upward until it reaches your starting balance, and then it stops trailing. At that point, your trailing drawdown converts to a static drawdown locked at your starting balance.

On a $50,000 account with $2,500 trailing drawdown, the floor starts at $47,500. It trails upward as your account grows. When the floor reaches $50,000 (which happens when your account balance or equity hits $52,500), the trailing stops. Your floor is now permanently locked at $50,000. You can never lose money on this account, only give back profits.

This lock is the reason experienced prop traders front-load conservative trading in the first few days. Get the floor to the starting balance. Lock it. Then trade with more aggression because the worst case is breaking even.

Whether the lock is calculated on an intraday or EOD basis matters. With intraday trailing, you need your equity to touch $52,500 at any point during the session. With EOD trailing, your closing balance needs to hit $52,500. The intraday version is technically easier to trigger since fleeting equity spikes count, but it also means the floor can jump past the lock point in unpredictable ways.

At Lucid Trading, the floor lock activates at the starting balance and uses EOD calculation. Once locked, your account functions like a static drawdown account. This is one reason I've consistently recommended Lucid for traders who value predictable risk management.

Does Drawdown Type Affect Your Trading Strategy?

Yes. Significantly.

If you're trading with intraday trailing drawdown, you need to manage unrealized profits much more carefully. Every tick of unrealized gain is a tick added to your drawdown floor. This pushes you toward faster profit-taking and tighter trade management.

Scalpers on intraday trailing accounts should consider setting hard take-profit orders rather than letting winners run. If you're trading 4 MNQ contracts and your position moves 40 points in your favor ($80 per contract, $320 total), that $320 has already been added to your drawdown floor. Giving it back costs you twice: you lose the profit and you've permanently tightened your safety net.

With EOD trailing, you have more flexibility. You can hold a trade through a 50-point drawdown after a 40-point gain without moving your floor, as long as you manage the position before the close. This makes EOD trailing significantly better for:

• Trend-following strategies where you hold positions for hours
• Multi-session positions (though most prop firms require flat at close)
• News trading where equity spikes are temporary and violent
• Any approach where unrealized P&L is volatile relative to realized P&L

I trade a momentum scalping strategy on MNQ. Most of my entries spike 30-60 points in my favor before pulling back 15-20 points to my actual take-profit level. Under intraday trailing, those initial spikes would murder my drawdown floor. Under EOD trailing, they don't exist in the firm's math.

Common Mistakes Traders Make with Trailing Drawdown

I've made every mistake on this list. Some of them more than once.

Mistake 1: Ignoring the drawdown type before choosing a firm. Most traders compare account size, price, and profit split. Drawdown type is buried in the fine print. A firm with an 80% split and intraday trailing might pay you less than a firm with 75% split and EOD trailing because you blow the intraday account faster.

Mistake 2: Holding winners too long on intraday trailing accounts. You're up $800 on 2 MNQ contracts. The setup looks like it could run another $400. You hold. The position spikes to +$1,200 unrealized, then reverses. You close at +$400. On an intraday account, your floor moved up $1,200 but you only captured $400. You just lost $800 of drawdown space. On an EOD account, only the $400 matters.

Mistake 3: Not knowing when the EOD snapshot happens. Each firm defines "end of day" differently. Apex uses 4:59pm CT. Some firms use 5:00pm ET. Others use the CME settlement time. If you have an open position at the snapshot time, your unrealized P&L counts toward the closing balance. Check your firm's specific cutoff time.

Mistake 4: Confusing trailing drawdown with daily loss limit. These are separate rules. Trailing drawdown is cumulative across all sessions. Daily loss limit resets every day. You can violate a daily loss limit without touching your trailing drawdown, and vice versa. Some firms have both. Some have only one.

Mistake 5: Assuming all trailing drawdowns lock at the starting balance. Not every firm offers the floor lock. Some firms trail indefinitely, meaning your drawdown floor keeps rising forever as your account grows. If the firm doesn't lock, a $10,000 profit puts your floor $10,000 higher. Check the specific firm rules.

Which Drawdown Type Is More Forgiving?

EOD trailing drawdown is more forgiving than intraday trailing drawdown in almost every scenario. The only exception is if you consistently close sessions at your peak equity, in which case both types produce identical floors. That almost never happens in real trading.

For a typical MNQ scalper who makes 5-15 trades per day, the difference between intraday and EOD trailing drawdown over a 20-day trading month can be $1,500-$3,000 in floor gap. That's the difference between a live account and a blown one.

Static drawdown is the most forgiving of all, but it's harder to find and usually comes with other constraints.

My ranking from most to least forgiving:

1. Static drawdown (floor never moves)

2. EOD trailing drawdown (floor moves once per day based on closing balance)

3. Intraday trailing drawdown (floor moves in real time based on peak equity)

If two firms offer similar account sizes, prices, and profit splits, always choose the one with EOD trailing over intraday trailing. The math isn't close.

How to Check Your Current Drawdown Floor

Every prop firm provides a dashboard or platform integration that shows your current drawdown level. But the display can be misleading.

Some platforms show "maximum drawdown" as the total dollar amount of your drawdown limit ($2,500 on a $50K account). Others show the actual floor level ($49,700 after your equity peaked at $52,200). Some show both. You need to know which number you're looking at.

On Rithmic (used by Top One Futures, Apex, and others), the "Max Trailing Drawdown" field in RTrader shows your current floor in real time if you're on an intraday account, or the last-calculated floor if you're on EOD.

On Tradovate (used by Topstep and some FundedSeat accounts), the drawdown information lives in the account details panel.

My advice: on day one of any new account, open a small position (1 MNQ contract), take a $50 profit, and verify that your drawdown display updates correctly. Better to learn how the dashboard works on a $50 test than to find out the hard way during a real trade.

Intraday Trailing Drawdown and Scalping: A Dangerous Combination

Scalping generates high unrealized equity swings relative to realized profits. A scalper might see $500 in unrealized profit on a trade that closes at $150. On an intraday trailing account, every one of those $500 peaks chips away at the drawdown floor.

Let me quantify it. Say you make 10 scalp trades in a day. Each trade peaks at $300 unrealized but you close at $100. Your total realized profit is $1,000. Your intraday peak equity was roughly $300 above the prior balance at each high point (assuming sequential trades). On an intraday trailing account, the floor could move up by as much as $3,000 depending on exact timing. On an EOD account, the floor moves up by $1,000.

That's a 3x difference in drawdown consumption for the same $1,000 of actual profit.

If you're a scalper, EOD trailing is not optional. It's survival.

At FundingPips, their EOD calculation gives scalpers the room they need. Same with YRM Prop, which pairs EOD trailing with a floor lock at the starting balance.

Can You Switch Between Intraday and EOD at the Same Firm?

Some firms offer both options as separate account types. Apex Trader Funding, for example, has standard accounts (intraday) and EOD accounts with different pricing. The EOD accounts typically cost more because they're more favorable to the trader.

You usually can't switch an existing account from intraday to EOD. You'd need to purchase a new evaluation on the EOD account type. Some firms have run promotions that auto-upgrade existing accounts to EOD, but that's not standard practice.

Before you buy any evaluation, confirm the drawdown type on the specific plan you're purchasing. Don't assume all plans at one firm use the same method. Apex's pricing page distinguishes between their intraday and EOD evaluations. TakeProfitTrader differentiates by account tier.

The Hidden Cost of Intraday Trailing Drawdown

Beyond the direct impact on your drawdown floor, intraday trailing creates psychological costs that are harder to measure.

When you know every unrealized tick counts against your drawdown, you trade scared. You close winners early. You skip setups that require wider stops. You check your drawdown 20 times per session instead of focusing on the chart.

I've traded both types extensively. On intraday trailing accounts, my average winner is 15-20% smaller because I'm mentally pressured to lock in profits before they "cost" me drawdown. On EOD accounts, I let trades breathe. I take the same setups with the same strategy, but my execution is cleaner because the drawdown clock isn't ticking during the session.

If you're struggling with discipline on a prop firm account, check your drawdown type first. The problem might not be your strategy. It might be your firm's risk engine pushing you into suboptimal decisions.

EOD Drawdown Reset Time by Firm

As of March 2026, different firms define their EOD snapshot at different times. Getting this wrong can cost you an account.

FirmEOD Snapshot TimePlatformNotesApex Trader Funding4:59pm CTRithmic / TradovateMust be flat at closeLucid Trading4:59pm CTRithmicFloor locks at starting balanceTop One Futures4:59pm CTRithmicEOD on all accountsFundedSeat5:00pm ETTradovate / RithmicVerify with supportYRM Prop4:59pm CTRithmicFloor lock + EOD trailing

If you hold a position past the snapshot time, your unrealized P&L at that exact moment gets baked into the EOD calculation. This trips up traders who think "end of day" means "when I stop trading." It doesn't. It means the firm's specific cutoff time.

My Personal Preference and How I Adapt

I exclusively trade on EOD trailing drawdown accounts. After losing three funded accounts to intraday drawdown mechanics early in my prop trading career, I stopped trying to make it work.

My strategy is momentum scalping on MNQ during the first 90 minutes after the cash open (9:30-11:00am ET). Volatility is high. Equity swings are violent. A single MNQ move of 80 points on 4 contracts is $640 of unrealized P&L that appears and disappears in seconds. On an intraday trailing account, those spikes are lethal to the drawdown floor. On EOD, they're invisible.

When I switched to exclusively EOD trailing accounts, my account survival rate went from roughly 40% to over 70%. Same entries, same risk per trade, same targets. The only variable that changed was the drawdown type.

For my first 3-5 trading days on any new account, I trade smaller (2 contracts instead of 4) to build a profit cushion and push the drawdown floor toward the lock point. Once the floor locks at the starting balance, I size up.

That approach doesn't work on intraday trailing because even with smaller size, the intraday equity spikes from MNQ volatility push the floor up faster than my realized profits grow. EOD trailing gives me the time to build the cushion without the floor racing ahead.

How to Protect Your Drawdown Floor Regardless of Type

Whether you're on intraday or EOD trailing, these habits keep your floor under control.

Set hard take-profit orders. Don't watch and wait. If your target is 30 points on MNQ, set the limit order at 30 points. Letting it "ride" past 30 hoping for 50 is how intraday peaks blow drawdown floors.

Know your dollar risk before the trade. If your drawdown floor is $1,200 below your current balance, don't take a trade with a $1,500 potential loss. The math is simple. Do it every time.

Front-load conservative trades. Your first 3-5 days on a new account should be about building a buffer, not maximizing profit. Get the floor locked. Then trade normally.

Close before the snapshot (EOD accounts). If you have a losing position at 4:50pm CT, close it. Don't hold through the EOD snapshot hoping for a recovery. A realized $200 loss is better than risking a $600 unrealized loss hitting the snapshot calculation.

Track your own floor manually. Don't trust the platform display alone. Keep a spreadsheet. After each session, note your closing balance, the new floor level, and how much room you have left. When you see the room shrinking faster than your account is growing, reduce size.

The bottom line: EOD trailing drawdown gives you more room to trade, more margin for error, and more time to recover from rough sessions. Intraday trailing punishes every peak your equity touches, realized or not. If you have the option, choose EOD. If you're stuck with intraday, trade smaller and take profits faster. The drawdown type isn't just a technical detail. It's the single biggest factor in whether a profitable strategy survives long enough to pay you.

Frequently Asked Questions

What is intraday trailing drawdown in prop trading?

Intraday trailing drawdown is a maximum loss limit that updates in real time based on your account's highest equity during the trading session. Every new equity peak pushes the drawdown floor upward permanently. If your $50,000 account touches $52,000 in unrealized equity at 10am, your floor moves up by $2,000 even if you close the trade at a smaller profit. The floor uses your peak unrealized equity, not your realized balance.

What is end-of-day (EOD) trailing drawdown?

End-of-day trailing drawdown only recalculates once per day after the market closes. The firm looks at your closing balance, not your intraday equity peaks. If your equity spiked to $53,000 during the session but you closed at $51,000, the EOD calculation uses $51,000. This makes EOD trailing significantly more forgiving for active traders who experience large unrealized swings during the session.

Which is better for scalpers, intraday or EOD drawdown?

EOD drawdown is significantly better for scalpers. Scalping generates frequent unrealized equity spikes that don't fully convert to realized profit. On an intraday trailing account, each spike pushes the floor higher. A scalper making 10 trades per day can consume 2-3x more drawdown space on intraday trailing compared to EOD trailing, even with identical realized profits.

Do most prop firms use intraday or EOD trailing drawdown?

As of March 2026, most major futures prop firms use EOD trailing drawdown. Firms like Apex Trader Funding, Lucid Trading, Top One Futures, FundedSeat, and YRM Prop all use EOD trailing. The industry shifted toward EOD between 2023 and 2025 as traders demanded more forgiving drawdown rules.

What is a drawdown floor lock?

A drawdown floor lock stops the trailing drawdown from moving upward once it reaches a specific level, usually your starting balance. On a $50,000 account with $2,500 trailing drawdown, the floor locks at $50,000 when your equity hits $52,500. After the lock, your drawdown becomes static at $50,000. You can never lose money on the account, only give back profits. Not all firms offer this feature.

How much difference does drawdown type make in real dollars?

For a typical MNQ scalper over a 20-day trading month, the gap between intraday and EOD trailing drawdown floors can be $1,500-$3,000. On a $50,000 account with $2,500 trailing drawdown, that gap is often the difference between a live account and a blown one. The difference is largest for traders with volatile unrealized P&L relative to their realized profits.

Does the drawdown type affect my profit split?

The drawdown type itself doesn't change your profit split percentage. But it affects whether you survive long enough to request a payout. An 80% profit split means nothing if the intraday trailing drawdown blows your account before your first withdrawal. Choose a more forgiving drawdown type and accept a slightly lower split if needed.

Can I trade overnight with EOD trailing drawdown?

Most futures prop firms require you to be flat before the daily close, regardless of drawdown type. If your firm allows overnight positions, your unrealized P&L at the EOD snapshot time gets included in the closing balance calculation. Holding a losing position through the 4:59pm CT snapshot means that loss counts toward your EOD drawdown calculation. Check your specific firm's overnight holding policy.

What happens if my equity hits the drawdown floor during the session on an EOD account?

On a true EOD trailing account, your equity touching the drawdown floor intraday should not trigger a violation. The firm only checks your closing balance against the floor. However, some firms with EOD trailing still enforce an absolute maximum loss limit that acts as a hard stop if your equity drops below a certain level during the session. Read the firm's rules carefully. "EOD trailing" doesn't always mean zero intraday risk checks.

Is static drawdown always better than trailing drawdown?

Static drawdown is more forgiving because the floor never moves. But firms that offer static drawdown often compensate with smaller drawdown amounts, higher evaluation fees, lower profit splits, or stricter trading rules. A $1,500 static drawdown on a $50,000 account gives you less total room than a $2,500 EOD trailing drawdown, even though the static type is more predictable. Compare the full package, not just the drawdown type.

How do I calculate my current drawdown floor?

For intraday trailing: take your highest equity recorded at any point during any session and subtract the drawdown amount. For EOD trailing: take your highest closing balance and subtract the drawdown amount. For static: subtract the drawdown amount from your starting balance. If the firm has a floor lock and your calculated trailing floor exceeds your starting balance, the floor is locked at the starting balance.

What is the difference between trailing drawdown and daily loss limit?

Trailing drawdown is a cumulative maximum loss limit across all trading sessions. Daily loss limit resets every trading day. You can violate one without violating the other. A trader might lose $800 on Monday (within a $1,000 daily limit) and $800 on Tuesday (again within the daily limit) but now they've used $1,600 of a $2,500 trailing drawdown. Both rules run simultaneously and both can end your account.

Should I avoid firms with intraday trailing drawdown entirely?

Not necessarily, but be strategic. If you trade a low-frequency strategy with small unrealized swings (2-3 trades per day, tight stops), intraday trailing is manageable. The drawdown type matters most for high-frequency scalpers and news traders with volatile unrealized P&L. If your typical unrealized peak is within 10-15% of your realized profit per trade, intraday trailing won't hurt you much.

How does drawdown type affect news trading?

News events like FOMC announcements, CPI releases, and NFP reports create massive short-term equity swings. A trader might see $1,500 in unrealized profit that disappears in 30 seconds. On intraday trailing, that $1,500 spike permanently raises the drawdown floor. On EOD trailing, it's irrelevant if the closing balance doesn't reflect it. News traders should strongly prefer EOD trailing drawdown accounts.

Which drawdown type does Lucid Trading use?

Lucid Trading uses end-of-day trailing drawdown on both their LucidFlex and LucidDirect account types. The drawdown recalculates at 4:59pm CT based on the closing balance. The floor locks once it reaches the starting balance, converting the trailing drawdown into a static drawdown. This combination of EOD trailing plus floor lock is one of the most trader-friendly drawdown structures available as of March 2026.