See exactly where a prop firm account would fail. Enter the account size, the max loss and the drawdown type, then your highest balance so far: you get the liquidation level, whether it has stopped trailing and the room left.
How it works
End of day trailing. The level follows your highest closing balance, staying the max loss below it. Profit that comes and goes during the day doesn't move it, only where you close.
Real time trailing. The level follows your highest balance including open profit, as it happens. A trade that runs up and comes back can raise the level for good, which is why it feels tighter.
Static and the lock. A static level never moves from the starting balance minus the max loss. Trailing levels usually stop once they reach the starting balance (some firms add $100), and from then on they act like a static level.
Example
A $50,000 account with a $2,000 max loss starts with its level at $48,000. Close a day at $51,200 and an end of day trailing level moves to $49,200. If open profit touched $51,500 during that day, a real time trailing level is already at $49,500, even though you closed lower. When the level reaches the starting balance it stops: from a $52,000 peak on it stays at $50,000 for good. A static level never moves from $48,000.
Questions
What is the difference between end of day and intraday trailing drawdown?
End of day trailing only moves when you close a day at a new high. Intraday, or real time, trailing moves with your open profit, so a winning trade you give back still raises the level. The same account is easier to keep alive with end of day trailing.
When does a trailing drawdown stop trailing?
Most firms stop it at the starting balance, so it stops once your peak is one max loss above the start, for example at $52,000 on a $50,000 account with a $2,000 max loss. Check your firm's current rules, they change often.
Do open trades count against the level?
At most firms they do: the account fails when your balance with open trades touches the level, even if the trade would have come back. In the ChartTrainer simulator the account fails the moment that happens.
Is the level the same as the daily loss limit?
No. The daily loss limit resets every day and counts only that day's loss. The max loss level is for the life of the account. Many evaluations have both, and the closer one is the one that matters.