Maximum over all loss: 10% of the account balance. No account balance or account equity of the Evaluation Trader and instant Account may drop to or below 10% of the account balance at the beginning of the Phase at any point during The Funded Trader Program. The Max Drawdown Rule is the name for this. As an illustration, if a trader purchases an account for $100,000, neither their equity nor their balance can ever fall to or below $90,000.
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CODE: DEC15
