EOD accounts use an end-of-day trailing drawdown: the level only moves after each trading day closes, based on your closing balance. Your balance must stay above it at all times, including intraday.
How it works
It starts at your starting balance minus the max drawdown.
After a day closes at a new high, it moves up to that balance minus the max drawdown. It never moves down.
It stops at your starting balance, in the evaluation and in the Pro Account.
Size | Max drawdown | Starts at | Stops at |
25K | $1,000 | $24,000 | $25,000 |
50K | $2,000 | $48,000 | $50,000 |
150K | $4,000 | $146,000 | $150,000 |
300K | $6,500 | $293,500 | $300,000 |
Example (50K): the level starts at $48,000. Close the day at $51,000 and it moves to $49,000.