The Overall Drawdown Limit for 2-Step Standard Evaluation is 10% and remains fixed to the initial balance throughout the Evaluation.
Example:
Account Size: $100,000
Overall Drawdown Limit: 10%
Day 1:
Starting Balance/Equity: $100,000
Overall Drawdown: $10,000
Stop-Out Limit: $90,000 ($100,000 – $10,000)
Day 2:
Starting Balance/Equity: $104,000
Overall Drawdown: $10,000
Stop-Out Limit: $90,000 ($100,000 – $10,000)
If you have any unanswered questions, email
[email protected]
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