How Drawdown Works
📊 Fixed Balance Drawdown:
This model calculates your maximum allowable loss based on your initial account balance. Both open (floating) and closed (realized) losses are considered. Your account equity must not fall below a set percentage of the starting balance.
📌 Example:
On a ₦125,000 account with a 20% drawdown limit, your account equity must not drop below ₦100,000 at any time.
If it does — whether from open trades (floating losses) or closed trades (realized losses) — the account is breached.
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