Join Fast Track Trading with 30% off and buy 5 get 1 free here https://bit.ly/FASTRACKS
Coupon code SPICY
(You still can use the code for best discount available even you already have accounts,
you can trade 20 accounts at a time with copy trading).
Note: There is no Daily loss limit with FTT, Max loss limit is 5% of starting balance.
The trailing drawdown is a limit that trails your account growth. It trails up as the account earns profits.
If your account balance goes down (losing day) the next day because of trading losses, the trailing maximum drawdown doesn’t move as it is pegged to the highest balance you have had in your account. It will keep trailing until your account balance hits the numbers in “Balance” column below. $26,250 for Rally and so on…
See example below, for Grand Prix $150,000.
Notice Max loss limit only moves up when you account balance reaches new high. (not in Day 3, and 4)
From Day 6, since you already reached 5% buffer threshold ($7,500 for $150k GrandPrix), it stops trailing and become static at $150,000. Day 7, you have $10,000 in Max loss limit and if you continue make profit to $180,000. You will have $30,000 to trade with before it hits Max Loss limit.
