you buy stock X at 100 , it goes down to 90 as lowest price and you sell at 105 , then you floating loss was -10% on that trade , I suspect that equity drawdown does not take into account that -10 % and only looks at closed drawdown which would be 0% in this example
Stocktrader100K,
based on this person’s experience it appears to be a trailing drawdown after all
https://www.elitetrader.com/et/threads/reliability-of-ftmo-server-via-ctrader.352953/
It is not a system , it is discretionary trading , 100 trades in a live environnemt
For example Darwinex that is looking for talented traders to trade their capital and that of investors , calculates the statistical significance of your trades and for that you don’t need 1000 of trades .
For...
Maybe you can tell us how much % traders pass the test and get a funded account and how many % of the funded traders are profitable ..
which broker you use for live trading ?
Do traders actually log into a live trading account or you use a demo and direct trades to a master account ?
Let me give an example on how this prop firms work :
typically you pay around $500 to get a funded 100K account with max total loss/drawdown of 10K
Let’s say 100 traders sign up and pay the fee of $500 , that is 50K income
they put you on demo with certain targets and max drawdown parameters...