The evaluation and the funded stage use different drawdown modes. This is the single most important thing to understand about a Daily account.
Stage | Mode | What it follows |
Evaluation | End-of-day trailing | Your closing balance |
Funded | Intraday trailing | Your equity high-water mark, tick by tick |
Drawdown Amounts
Account Size | Max Loss Limit |
$25,000 | $1,000 |
$50,000 | $2,000 |
Evaluation — End-of-Day Trailing
Your Max Loss Limit is calculated from your highest closing balance. Intraday movement does not shift it, and it never moves down.
Example ($50,000): the limit opens at $48,000. You reach $51,200 intraday but close at $50,900 — the limit moves to $48,900, based on the close.
Funded — Intraday Trailing
Once funded, your Max Loss Limit follows your highest equity point in real time, including unrealized profit.
Example ($50,000): you convert at $50,000, so the limit is $48,000. You are up $1,200 in an open position — equity of $51,200 — which pushes the limit to $49,200. You give the $1,200 back and close flat at $50,000. The limit stays at $49,200. Your room is now $800, not $2,000.
That is the trade-off for daily payouts and no consistency rule. Take profit rather than letting a winner round trip.
Drawdown Lock
Once your realized profit reaches the buffer, the trailing stops permanently and your Max Loss Limit locks $100 above your starting balance.
Account Size | Profit to Lock | Locked Limit |
$25,000 | $1,100 | $25,100 |
$50,000 | $2,100 | $50,100 |
After the lock, that level never moves again no matter how high the account goes. Reaching the buffer is the end of the trailing, which is why most Daily Intraday traders treat it as the first real milestone. Once you're $500 above it, you can request your first payout.
Breaches
If your balance touches the Max Loss Limit the account is breached and closed. In the evaluation that is the end-of-day level; once funded it is the intraday level, or the locked level once you have passed the buffer.