Halcyon Prime Accounts – End-of-Day Drawdown
Halcyon Prime accounts are designed for disciplined trading and strict risk management. These accounts operate under an End-of-Day Drawdown system, which provides traders who like to scale in or out of positions or explore trades with large market moves the ability to do so. End-of-Day Drawdown only updates based on the profits earned at the end of your trading session for the day.
Important: The End-of-Day Drawdown does not allow you to temporarily fall below your account’s minimum balance during the trading session, even if you believe you would have recovered before the day ends. Falling below the account minimum at any time will result in account failure.
How End-of-Day Drawdown Works
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Account minimum balance only updates at the end of your trading session for the day based on realized profits.
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Any drop below the minimum account balance is considered a failed account. Evaluation accounts can be reset for the associated fee.
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This system applies to both Halcyon Prime Evaluation accounts and Halcyon Prime Reward accounts.
Example
A $150,000 Halcyon Prime account has a $4,500 End-of-Day Drawdown. As your account balance grows, your drawdown limit moves up accordingly.
If your Total Liquidation Value (TLV) falls below the drawdown level at any time—even if you believe you would have recovered before the market closes—the account is failed and must be reset.
TLV Requirements – Reward Accounts
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Once you reach the required reward buffer, your TLV must remain above your original starting balance at all times.
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Withdrawals may not be made from within the required buffer.
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Any drop to or below the minimum allowed TLV results in account failure and closure.
| Account Size | End-of-Day Drawdown | Required Reward Buffer | Minimum TLV After Buffer | Consequence if TLV Falls Below |
|---|---|---|---|---|
| $25,000 | $1,000 | $1,100 | $25,100 | Account Failed & Closed |
| $50,000 | $2,000 | $2,100 | $50,100 | Account Failed & Closed |
| $150,000 | $4,500 | $4,600 | $150,100 | Account Failed & Closed |
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