End-of-Day Drawdown
10FOUR ORIGIN evaluation and funded accounts use an End-of-Day Drawdown (EOD) system to determine the Max Loss Limit (MLL).
• At the end of each trading session, the system calculates the account’s highest closing balance
• The Max Loss Limit increases as the balance increases
• Once the account passes the initial trailing balance, the Max Loss Limit locks
• When a payout is requested, the Max Loss Limit adjusts to the locked balance
Account Size | MLL Amount | Initial Trail Balance | Locked MLL Balance |
$25,000 | $1,250 | $26,350 | $25,100 |
$50,000 | $2,500 | $53,100 | $50,100 |
$100,000 | $3,000 | $103,100 | $100,100 |
$150,000 | $4,500 | $154,600 | $150,100 |
Additional rules:
• The MLL rises with your closing balance until the trail is reached
• Once the trail is exceeded, the MLL locks at the initial balance plus $100
• If the account balance reaches the MLL, the account is considered breached