VERSION HISTORY
What is the drawdown type? | FuturesElite FAQ
Fetches the article and compares it with Version 2.
▸Version 2September 5, 2026, 5:09 AM+1−1
Changes shown against Version 1.
− End of Day (EOD): the drawdown policy is based on closed profits at the end of each trading day and follows a trailing system, with the Max Loss Limit set relative to your account balance at the close. If the account has a losing day, the drawdown remains unchanged: it only increases after a profitable day. Intraday swings and open profit never move it. Once enough profits have been accumulated (profit equal to your drawdown amount), the drawdown locks at the account's starting balance and stops trailing. From that point, the worst case on the account is breaking even.
+ End of Day (EOD): the drawdown policy is based on closed profits at the end of each trading day and follows a trailing system, with the Max Loss Limit set relative to your account balance at the close. If the account has a losing day, the drawdown remains unchanged: it only increases after a profitable day. Intraday swings and open profit never move it. Once the drawdown reaches $100 above your starting balance, it will lock at that level and stop trailing.
If your account closes a day at or below the Max Loss Limit, the account is breached. A drawdown breach is final: positions are liquidated and the account cannot be recovered. To trade again you can reset the account or start a new challenge.
SHA-256 f1cd1c0cf15b10ff8725a42e24484dd067fb2085c853e45788e47a61f2e09c57
▸Version 1July 26, 2026, 12:52 PM
First archived version.
End of Day (EOD): the drawdown policy is based on closed profits at the end of each trading day and follows a trailing system, with the Max Loss Limit set relative to your account balance at the close. If the account has a losing day, the drawdown remains unchanged: it only increases after a profitable day. Intraday swings and open profit never move it. Once enough profits have been accumulated (profit equal to your drawdown amount), the drawdown locks at the account's starting balance and stops trailing. From that point, the worst case on the account is breaking even.
If your account closes a day at or below the Max Loss Limit, the account is breached. A drawdown breach is final: positions are liquidated and the account cannot be recovered. To trade again you can reset the account or start a new challenge.
SHA-256 b670c92ce160fcf50c5651269041672ad03d98c199cede624fd4fd382f425397