The Trailing Lock Balance is a dynamic drawdown model that follows the highest balance reached on your account during the trading day. π
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As your account grows, the minimum allowed equity automatically moves upward to help lock in part of your progress. π
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β¨ Example
Letβs say you have a $100,000 account with a 6% trailing drawdown:
Your initial drawdown floor starts at $94,000
During the day, your account balance grows to $102,000
Your drawdown floor will automatically move up to $95,880
If your equity later drops below $95,880, the account will be considered breached. β οΈ
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Please note that the trailing lock follows the highest balance reached and does not move back down afterward.