End-of-Day Drawdown Model
Trailing floor set from the highest end-of-day balance, but enforced live against intraday equity.
EOD drawdown snapshots your balance at the daily close and trails only on that print. Intraday floating profit does not move the floor, which is kinder than intraday trailing. But enforcement is still real time: if equity dips below the EOD-derived floor mid-session, you breach. Topstep popularized this on futures, and several FX firms now copy it. Always confirm whether the firm uses close-of-day balance or midnight server equity as the anchor.
Applies to 3 firms • Risk Management • Evaluation + Funded
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Why this rule exists
EOD drawdown snapshots your balance at the daily close and trails only on that print. Intraday floating profit does not move the floor, which is kinder than intraday trailing. But enforcement is still real time: if equity dips below the EOD-derived floor mid-session, you breach. Topstep popularized this on futures, and several FX firms now copy it. Always confirm whether the firm uses close-of-day balance or midnight server equity as the anchor.
How traders get caught
Risk floors are enforced tick by tick against live equity including spread and swaps. Server-time resets and intraday peaks shrink usable room far below what the headline percent suggests.
How to stay safe
Check the Source Inspector for the exact FAQ excerpt, test your equity distance in the simulator, and keep a 20% buffer above the nearest floor.
The Formula
How it is calculated
Real Dollar Example
On a $100K account with $2,000 EOD allowance, Monday closes at $101,500 so the floor becomes $99,500. Tuesday you float to $103,000 intraday but close at $101,000 — floor stays $99,500. A Tuesday dip to $99,400 breaches even though Monday was profitable.
Common Traps & Mistakes
Thinking intraday floating highs raise an EOD floor — only the close counts.
Assuming enforcement waits for the close — equity is checked tick by tick against the last EOD floor.
Missing the server-time definition of end of day (CT vs CE(S)T).
Firms using this rule
Related guides
Keep learning this cluster
Trailing Drawdown vs Static Drawdown
A loss floor that ratchets higher as your peak equity rises, locking in risk levels.
Static Max Drawdown Explained
A fixed loss floor set once at purchase that never moves, no matter how much profit you make.
Intraday Trailing Drawdown
The strictest model: every intraday equity peak instantly drags the loss floor higher.
Drawdown Reset & Server Time
Daily limits reset at the firm server midnight, not your local midnight — trade the wrong hour and you double-count risk.
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