Three Types of Drawdown
Drawdown determines the minimum balance you must maintain in your trading account. If your account balance dips below this number, the evaluation fails.
End-of-Day Drawdown - Calculated based on the end-of-day balance and pegged to positive account performance. It adjusts upwards as your profit increases until the maximum drawdown reaches the starting balance. Open equity losses are also considered during the day. This drawdown type applies to evaluation accounts and LiveSim® accounts.
Trailing Drawdown - Increases dollar-for-dollar with your positive account performance during the trading day until it reaches the starting balance. This applies to Live accounts.
Fixed Drawdown - A static minimum balance that never changes. This applies exclusively to the $200,000 and $400,000 funded accounts on the Trader Career Path®.

