The 1-Step Challenge includes:
- 8% maximum overall drawdown
- 4% maximum daily drawdown
Both drawdown limits are:
- Trailing drawdown limits
This means the drawdown moves up as your account reaches new highs.
Example
If you have a $100,000 account:
Overall Drawdown
- Your minimum balance starts at:
- $92,000
- If your account grows, the drawdown level trails upward with it.
Daily Drawdown
- Your daily limit is:
- 4% from your highest equity point
If either limit is breached, the account will fail.