EOD Trailing Max Loss
How the EOD Trailing Max Loss works — a trailing drawdown that updates once per day, at the end of the trading day. The percentage varies by account type.
The EOD Trailing Max Loss is a drawdown limit that sits below your end-of-day high watermark. It moves up once a day, so intraday spikes don't shift it — only your end-of-day value does.
ℹ️ The percentage is set by your account type. Check the article for your account, or your Dashboard.
How it works
Your high watermark is the highest end-of-day value your account has recorded. At the end of each day the system takes the higher of your balance or equity — if it beats the current high watermark, the limit recalculates:
EOD Trailing Max Loss = HWM − (HWM × your allowance)The high watermark only ever moves up. Losses never lower it — they just narrow the gap to your limit.
If your balance or equity falls below the limit at any point, the account is terminated. Because the limit rises with your account, you can be terminated while still above your starting balance. Your current limit is shown on your Dashboard.
At payout
The withdrawal is deducted from your high watermark and the limit recalculates, so your full buffer is preserved — taking profits doesn't cost you trading room.
Examples
Both use a 5% allowance.
Closing a profitable day. You start at $50,000, so your limit is $47,500. You close the day at $51,000 — the high watermark rises and your limit becomes $48,450. You can now lose $2,550 before termination.
Taking a payout. Your high watermark is $54,000 and your limit is $51,300. You withdraw $3,000, so the high watermark drops to $51,000 and the limit becomes $48,450 — still a 5% buffer.
Frequently asked questions
How is this different from the Max Daily Loss?
How is this different from the Max Daily Loss?
Both limit how much you can lose, and breaching either one ends the account. The difference is how the level moves: the Max Daily Loss is recalculated at the end of every trading day, so it can move up or down, whereas the EOD Trailing Max Loss only ever moves up — it rises when you record a new end-of-day high and stays there.
What time is end-of-day?
What time is end-of-day?
22:00 GMT (21:00 GMT during U.S. Daylight Savings).
Does the high watermark go down if I lose money?
Does the high watermark go down if I lose money?
No. The high watermark only ever moves upward as new end-of-day highs are recorded, or downward when a payout is deducted. Losses never reduce the high watermark — they reduce the buffer between your current balance/equity and the trailing limit.
Can I be breached while still above my starting balance?
Can I be breached while still above my starting balance?
Yes. Because the trailing limit moves up with each new end-of-day high, a sharp drawdown after a strong run can take you below the trailing limit even if you're still above your initial starting balance.
Where can I see my current EOD Trailing Max Loss?
Where can I see my current EOD Trailing Max Loss?
It's displayed in real time on your PipFarm Dashboard.
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