End-of-day vsintraday trailing

The short version

End-of-day (EOD) trailing drawdown looks at your balance once, after the close, and moves the floor up if you finished the day at a new high. Intraday trailing drawdown watches every tick and moves the floor up whenever your account - including open profit - makes a new high.

Get Funded Now's 1 Step futures accounts use end-of-day trailing. Instant accounts use intraday trailing, which is the trade-off for skipping the evaluation.

Worked example: one trade on a $50K account

Both accounts start at $50,000 with a 3% ($1,500) drawdown, so the floor starts at $48,500. You buy, the trade runs to $800 of open profit, then comes back and you close it for +$200.

Under EOD the floor only rose by the $200 you actually kept, leaving $1,500 of room. Under intraday trailing the $800 peak raised it by $800, leaving just $900 - you lost $600 of room on a winning trade.

Trading an EOD drawdown well

• Size from the floor, not the balance. Room is balance minus floor, and that number is what your stops spend.
• The floor stops nothing intraday - a breach at 10am is still a breach, even though the floor won't move until the close.
• Use the position size calculator to keep any one stop to a fraction of your room.

Questions