Guides

Short, sourced explanations of the rules that end most prop challenges.

FTMO daily loss rule explained

Midnight balance minus a fixed 5% (2-Step) or 3% (1-Step) of initial capital, measured on equity.

Trailing vs static drawdown

Static, end-of-day, closed-balance and intraday trailing floors, with lock levels.

Same 5% daily loss, different math

How FTMO, FundedNext, The5ers, FundingPips, Alpha Capital and Blue Guardian calculate it.

Prop firm drawdown rules compared

13 programs from 9 firms side by side: daily loss math, static vs trailing, reset times, sources.

Topstep Maximum Loss Limit explained

The $2,000 / $3,000 / $4,500 end-of-day trailing floor and where it locks.

Apex trailing drawdown: intraday vs EOD

Why open profit moves the intraday threshold, and how the EOD account differs.

E8 daily and dynamic drawdown

Day-start balance minus a fixed % of initial, plus a floor that trails closed balance and locks.