The same trades, judged by three different drawdown rules. This is the mechanic that fails more evaluations than bad trading does — run the presets and watch an account get breached while it's in profit. Companion guide: Trailing vs EOD vs Static Drawdown.
The loss limit ratchets up with your highest unrealized equity — every tick of open profit raises the floor, permanently. Give back a winner and the floor is already behind you.
The limit recalculates once per day from your closing balance. Open profit during the session doesn't move it — you can let winners breathe without feeding the floor.
A fixed line below your starting balance. The simplest and most forgiving regime — what you see on day one is the rule forever.
Simplifications, stated honestly: the simulator assumes each trade's worst moment is its close (real trades can dip further mid-trade), and models the common versions of each rule — firms vary in exactly when floors update and whether trailing counts unrealized profit. It teaches the mechanics; always verify the precise rule in your firm's documentation before trading.
Prop Firm Novice