Max Trailing Drawdown - it's a maximum account drawdown. It is being trailed as you earn profits. It is calculated intraday. Max Trailing Drawdown stops moving when your account balance (including Max Trailing drawdown) becomes equal to your initial account balance. This is best demonstrated in the picture below. Please note, all commissions and fees are included in the Max Trailing Drawdown.
This number is calculated at the end of the trading day.
At the Practice session, your Max Trailing Drawdown this rule is verified at the end of each trading day. During Qualifying and Funded sessions, your Max Trailing Drawdown this rule is verified intra-day in real-time.
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