The EOD Trailing Max Loss
How the EOD Trailing Max Loss works on the EOD Trailing Instant Account — a trailing drawdown that updates once per day, at the end of the trading day.
The EOD Trailing Max Loss is the risk-management rule used on the EOD Trailing Instant Account. It sits below your end-of-day high watermark and adjusts upward once per day, so intraday spikes don't move the limit — only your end-of-day value does.
How It Works
The EOD Trailing Max Loss is set as a percentage below your end-of-day high watermark (HWM) — the highest end-of-day value your account has ever recorded. At each end-of-day, the system takes the higher of your balance or equity. If that value exceeds the current high watermark, a new HWM is set and the trailing limit recalculates.
The maximum drawdown allowed is:
4% of the end-of-day high watermark for Ranks 0 and 1
5% of the end-of-day high watermark from Rank 2 onward
⭐ Reach Rank 2 in the Experience Program and your EOD Trailing Max Loss allowance increases by 1%, giving you more room on the same account.
If your balance or equity falls below the trailing limit at any point during the day, the account is terminated. Because the trailing limit ratchets up with performance, it's possible to be terminated while still above your original starting balance.
Calculating the Limit
You don't need to calculate the limit yourself — it's calculated automatically and shown on your dashboard.
The formula is:
EOD Trailing Max Loss = HWM − (HWM × 0.04)What Happens at Payout
When you request a payout, the withdrawal amount is deducted from the end-of-day high watermark. The trailing limit is then recalculated from the new high watermark, so the full drawdown buffer is preserved after the payout — withdrawing profits doesn't eat into your trading room.
Worked Examples
Example 1 — Closing a profitable day
Your initial balance is $50,000, so your starting EOD Trailing Max Loss is:
$50,000 − ($50,000 × 0.04) = $48,000You close the day at $51,000, lifting the high watermark to $51,000. The new trailing limit is:
$51,000 − ($51,000 × 0.04) = $48,960Your account can now lose up to $2,040 from the new high watermark before being terminated.
Example 2 — Receiving a payout
Your end-of-day high watermark is $54,000, so your trailing limit sits at:
$54,000 − ($54,000 × 0.04) = $51,840You withdraw a $3,000 payout. The withdrawal is deducted from the high watermark, which becomes $51,000, and the trailing limit is recalculated:
$51,000 − ($51,000 × 0.04) = $48,960The trailing limit moves down from $51,840 to $48,960, preserving the full 4% buffer against the new high watermark.