The Overall Drawdown Limit for the 1-Step Nitro Evaluation is 3%.

Key Points to Understand:

- Trailing Overall Drawdown: The Overall Drawdown is calculated based on your account's Highest Balance (Maximum Balance Watermark) and does not reset daily at 5 PM EST. It consistently remains at 3% of the

peak balance.

- Fixed Drawdown After Profit: Once the account achieves a 3% profit, the Overall Drawdown Limit is fixed based on the Initial Account size, and the highest recorded balance no longer affects the limit.

Example 1:

Start of Day 1:

Starting Balance/Equity: $100,000

Initial Overall Drawdown: 3% of $100,000, which means the stop-out limit is set at $97,000. If Either Equity or Balance reaches this limit, it would result in a breach of the Overall Drawdown Limit.

During Day 1:

New Balance: $103,000

Overall Drawdown: 3% of $100,000 = $3,000, so the new stop-out limit is $100,000 ($103,000 - $3,000). If Either Equity or Balance reaches this limit, it would result in a breach of the Overall Drawdown Limit.

Day 2:

Starting Balance/Equity: $101,000

Allowed Overall Drawdown: The stop-out limit remains at $100,000 as it is based on the highest balance of $103,000. If Either Equity or Balance reaches this limit, it would result in a breach of the Overall Drawdown Limit.

Example 2: After Achieving 3% Profit

Day 3:

Starting Balance/Equity: $104,000

Overall Drawdown: Fixed at $100,000 after achieving 3% profit (Overall Drawdown Limit stays fixated to $100,000). If Either Equity or Balance reaches this limit, it would result in a breach of the Overall Drawdown Limit.