The Alpha One trailing drawdown is one of the most misunderstood rules in our evaluation. We get questions about it regularly - so here is a clear, no-jargon explanation of both limits that apply.
The max loss limit - how it trails, and when it locks
All our other plans use a static drawdown. Once it is set, it does not move. Alpha One is different. The max loss limit trails your high-water mark - the highest balance your account has ever reached.
Here is how it works on a $10,000 evaluation account:
Starting floor: $9,400 minus 6% of $10,000 = $600. Your account cannot drop below $9,400 at any point.
Balance reaches $10,200: floor moves to $9,600 ($10,200 minus $600).
Balance reaches $10,500: floor moves to $9,900 ($10,500 minus $600).
Balance reaches $10,600: floor locks at $10,000 and stays there for the rest of the evaluation.
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That last part is important. Once you have built 6% profit, the trailing drawdown stops moving entirely. You have effectively converted it into a standard static drawdown for the remainder of the evaluation.
Max Loss Limit FAQ →
The daily loss limit - how it is calculated
Alpha One uses a 4% daily loss limit, calculated from whichever is greater at the close of the daily candle (00:00 GMT+3) - your balance or your equity.
Here is how it works on a $10,000 evaluation account:
If balance is $10,000 and equity is $10,100 at the daily close:
4% of $10,100 = $404. Account breaches if equity drops below $9,696 ($10,100 minus $404).
If balance is $10,000 and equity is $9,900 at the daily close:
4% of $10,000 = $400. Account breaches if equity drops below $9,600 ($10,000 minus $400).
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One thing to note: floating losses from open trades carry into the next day. If you are already sitting on a $100 unrealised loss when the new day starts, that comes off your daily allowance from the beginning of the session.
Breaches are always applied against your live equity - the account's real-time value including any open positions.
Daily Loss Limit FAQ →
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