Prop firm rules, explained

End-of-day trailing drawdown of $2,000 that freezes once it reaches your starting balance (the Maximum Loss Limit). The floor moves up at each daily close, never intraday.

An intraday trailing drawdown of $2,500 that follows every new equity high the moment it prints — including while a trade is open. It does not freeze at the starting balance.

An end-of-day trailing drawdown of $2,000 alongside a $1,100 daily loss limit. The trail moves at each daily close.

A static 10% maximum loss from the starting balance plus a 5% daily loss limit measured from each day's starting equity. Targets are percentage-based.

A 10% maximum drawdown and a 5% daily loss limit, with an 8% profit target on the Stellar Challenge.

A 10% maximum drawdown with a 5% daily loss limit and an 8% profit target on the High Stakes program.