MILTRADERS uses an EOD (End-of-Day) trailing drawdown that works in two phases. Unlike competitors who use intraday trailing, our drawdown only recalculates at end of day, giving you more room to manage trades during the session.
Phase 1: EOD Trailing (before lock)
Your liquidation level equals your highest end-of-day balance minus the max drawdown. It only trails UP: when you close a new equity high, the liquidation moves up accordingly. When you close below your previous high, the liquidation stays where it was — it never moves down. During the trading day, the liquidation level does NOT move either.
Example (50K account, $2,000 max drawdown):
Start: Balance $50,000 → Liquidation at $48,000
Day 1: Close at $50,800 → Liquidation moves to $48,800
Day 2: Close at $50,300 → Liquidation stays at $48,800 (close below Day 1 high, liquidation never moves down)
Day 3: Close at $51,500 → Liquidation moves to $49,500
Phase 2: Drawdown Locks (after reaching buffer threshold)
Once your end-of-day balance reaches the lock threshold, your drawdown locks permanently at the starting balance. It never moves again. The liquidation level is enforced in real-time: if your balance hits it during the session, your account is closed immediately.
Account Size | Lock Threshold | Locked Liquidation Level |
50K | $52,100 | $50,000 |
100K | $103,100 | $100,000 |
150K | $154,600 | $150,000 |
