1. Breaching the intraday trailing drawdown
The intraday trailing drawdown trails your equity, so the floor moves with your highs. Because it does not freeze, you can breach while still in profit if you give back gains. Knowing exactly where the line sits at all times is what prevents the surprise breach.
Key takeaways
- →The intraday trailing drawdown is the only line that fails you: manage it every session.
- →Know your exact distance to the intraday trailing drawdown at all times.
- →Track every limit from your imported trades so a breach is never a surprise.
Figures reflect a common Apex Trader Funding account at the time of writing. Firms revise rules often, so verify against the Apex Trader Funding site before relying on them.
Merlin's gauges derive from closed trades. Your firm watches live equity including open positions.
MerlinTrade is independent trading-journal software and is not affiliated with, endorsed by, or sponsored by Apex Trader Funding. All trademarks belong to their owners.