Maximum drawdown will remain at 6% trailing of your Highest Watermark Closing Trade made. If your account reaches 6% of your Initial balance your trailing Drawdown will lock in at your starting balance.
Example 1: You start out with a 100k account. Your Daily drawdown is 3% and your Max Trailing is 6%. Your Daily drawdown level is $97,000 and your Max trailing is $94,000. Let's say you make $8,000 profit. You request a withdrawal of $6,000. Being that your account achieved 6% your Max Drawdown is locked in at $100,000. This now leaves you with only 2% for Max drawdown.
Example 2: You start out with a 100k account. Your Daily drawdown is 3% and your Max Trailing is 6%. Your Daily drawdown level is $97,000 and your Max trailing is $94,000. Let's say you make $15,000 profit. You request a withdrawal of $8,000. Being that your account achieved 6% your Max Drawdown is locked in at $100,000. You now have a buffer of $7.000 till Max drawdown at $100,000.
Example 3: You start out with a 100k account. Your Daily drawdown is 3% and your Max Trailing is 6%. Your Daily drawdown level is $97,000 and your Max trailing is $94,000. Let's say you make $6,000 profit. The max you can withdraw is $5,000 because of the 1% fixed buffer. After withdrawing your balance is now $101,000 and your max drawdown is locked in at $100,000.
Note: You do not need to reach 6% in order to request a payout. You can request or withdraw any amount, provided you comply with the rules.
How does Instant drawdown affect payouts?
Updated over a year ago
