PropValue

Tool

Trailing drawdown calculator

Your floor trails your highest balance until it reaches a lock level, then stops. Which balance counts as "highest" depends on the firm: the best end-of-day close, or the best moment of any open trade.

Distance to the floor

EOD vs intraday trailing

End-of-day trailing moves the floor once a day, from your closing balance. A trade that runs $400 green and comes back to breakeven changes nothing.

Intraday trailing moves the floor with every new unrealized high. That same trade drags the floor up $400 and leaves it there, even though you made nothing.

Scalpers who let winners breathe, and anyone whose trades often go green before stopping out, feel this most.

Same trades, two floors

Equity (incl. unrealized peaks)End-of-day trailing floorIntraday trailing floor