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How does the Max Drawdown work On Guardian X and Instant Starter Account?

How trailing work on Guardian X account

Updated over 11 months ago

Max drawdown will remain at 5% trailing of your Highest Watermark Closing Trade made. If your account reaches 5% of your starting balance your trailing Drawdown will lock in at your starting balance.

Once your Drawdown is locked in at your starting balance we add a fixed 1% buffer on the account. This way you cannot withdraw all the profit and breach your account.

Example 1: You have a 100k account. Your Daily drawdown is a fixed 3% and your Max Trailing is 5%. Your Daily drawdown level is $97,000 and your Max trailing is $95,000. Once your account has made over 5% of the starting balance your Trailing now locks in at $100,000. It no longer trails. Drawdown includes profits and losses from closed positions, swap fees and commissions

Example 2: You start out with a 100k account. Your Daily drawdown is 3% and your Max Trailing is 5%. Your Daily drawdown level is $97,000 and your Max Trailing is $95,000. Lets say you make $5,000 profit. This puts your account at $105,000. The next day your Daily drawdown will be $105,000- $3000 = $102,000. Your Max trailing drawdown is $105,000-$5,000 = $100,000. Your new Max trailing drawdown is $100,000 because it trails from your highest recorded balance which was $105,000.

Daily drawdown will reset each Day at 5PM EST. Max Trailing will always be from Highest recorded balance unless you achieve 5% from your starting balance.

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