8/21/2023 0 Comments Max drawdown tradingThe chart shows the values of the minimum possible account balance (red line) and account balance (blue chart) at the time of the trading day open. An example of Max Trailing Drawdown calculations Information about Account Restart for Practice, Qualifying and Qualifying Pro sessions. After using this feature, your account will be like new, but the account expiration date and the stage of the account's evaluation program will remain unchanged. To unlock an account, you need to use a separate paid feature called " Account Restart". If the account balance falls below the specified amount, it will be a violation of trading rules and the account will be blocked. What happens if the account balance falls below the minimum account balance? * An important note for Funded Session traders. The minimum account balance can be recalculated up to the initial account balance*, after which it is no longer recalculated. What is the increase limit of the minimum account balance? Please note: on some holidays trading results for two days will be counted as 1 trading day. " High" field value - Max Trailing Drawdown = Minimum account balance. If the " High:" field is updated, the minimum account balance will be recalculated as follows: In the LMI Trade Report module, there is a field labeled " High:", which indicates the maximum account balance at market close before the clearing session for the entire duration of the account. How and when is the minimum account balance recalculated? For the Practice session accounts, the check is done at the moment of market close. How often is it checked whether the account balance has reached the minimum balance?įor all accounts except Practice session this check is done in real time. The minimum account balance is displayed in the " Do not allow your Account Balance to go below " field in the LMI Trade Report module. Where can I see the minimum account balance? The minimum account balance can change during the clearing session after market close. The Max Trailing Drawdown sets the minimum account balance that should not be reached or below which the account balance should not fall.
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