What is Trailing Drawdown?

This refers to the peak-to-trough decline in the value of a trading account, measured as the difference between the highest account balance (peak) and the lowest point (trough) during a specific period. Trailing Drawdown will always follow your highest realized or unrealized peak balance on your account. Do not exceed this limit or your account will be liquidated. You can view the Trailing Drawdown in your account dashboard. Live Brokerage Accounts do not have a Trailing Drawdown, The have a static Set Loss Limit.