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.