Guides · Rules that end accounts
Primer6 minRules that end accounts
Drawdown words, one screen
Static, trailing, end-of-day, intraday, lock, equity, balance. The short definitions used on this desk.
- Word
- Static
- Filed as
- The floor is a fixed distance from the start. Profit does not lift it.
- Word
- Trailing, end of day
- Filed as
- The floor can rise when the day closes, not while the trade is open.
- Word
- Trailing, intraday
- Filed as
- The floor can rise while the trade is open.
- Word
- Balance-based
- Filed as
- The trail follows closed profit, not floating profit. Still read the daily rule.
- Word
- Lock
- Filed as
- The trail stops at a stated balance and becomes static.
- Word
- Daily loss
- Filed as
- A separate test. It might end the account or only the session.
- Word
- Maximum loss
- Filed as
- The account-ending floor, unless the page gives that job to a different line.