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How does the Overall Drawdown work?
The capital in any Leveled Up Traders Trading Account cannot at any given time drop below 10% of the initial account value.
For example: If you have a starting balance of $100,000, 10% of this equals $10,000. This means if your account falls below $90,000 at any given moment you are in violation of the Overall Drawdown rule.
How do I calculate the Overall Drawdown?
The maximum Overall Drawdown allowed is a constant of 10% of your initial account size. This means that if you have a $100,000 account, the maximum overall loss you can incur is $10,000 (10% of $100,000) at any given time, both during the FAC (Funded Account Challenge) and after getting your Funded Account.
It's important to note that the maximum loss of 10% includes both the realized and unrealized profit and loss (P&L) of your open positions.
Violation of the Overall Drawdown will result in the loss of your trading account and applies to all 3 Phases of Leveled Up Traders's Funded Accounts (Evaluation, Verification, and Funded Account).
How does the Overall Drawdown work?
The capital in any Leveled Up Traders Trading Account cannot at any given time drop below 10% of the initial account value.
For example: If you have a starting balance of $100,000, 10% of this equals $10,000. This means if your account falls below $90,000 at any given moment you are in violation of the Overall Drawdown rule.
How do I calculate the Overall Drawdown?
The maximum Overall Drawdown allowed is a constant of 10% of your initial account size. This means that if you have a $100,000 account, the maximum overall loss you can incur is $10,000 (10% of $100,000) at any given time, both during the FAC (Funded Account Challenge) and after getting your Funded Account.
It's important to note that the maximum loss of 10% includes both the realized and unrealized profit and loss (P&L) of your open positions.
Violation of the Overall Drawdown will result in the loss of your trading account and applies to all 3 Phases of Leveled Up Traders's Funded Accounts (Evaluation, Verification, and Funded Account).
How does the Overall Drawdown work?
The capital in any Leveled Up Traders Trading Account cannot at any given time drop below 10% of the initial account value.
For example: If you have a starting balance of $100,000, 10% of this equals $10,000. This means if your account falls below $90,000 at any given moment you are in violation of the Overall Drawdown rule.
How do I calculate the Overall Drawdown?
The maximum Overall Drawdown allowed is a constant of 10% of your initial account size. This means that if you have a $100,000 account, the maximum overall loss you can incur is $10,000 (10% of $100,000) at any given time, both during the FAC (Funded Account Challenge) and after getting your Funded Account.
It's important to note that the maximum loss of 10% includes both the realized and unrealized profit and loss (P&L) of your open positions.
Violation of the Overall Drawdown will result in the loss of your trading account and applies to all 3 Phases of Leveled Up Traders's Funded Accounts (Evaluation, Verification, and Funded Account).
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© 2024 Leveled Up Traders. All rights reserved.
All content published and distributed by Leveled Up Traders, and its affiliates (collectively, the “Company”) is to be treated as general information only. None of the information provided by the Company or contained herein is intended as investment advice, an offer or solicitation of an offer to buy or sell, or a recommendation, endorsement, or sponsorship of any security, company, or fund.
Use of the information contained on the Company’s websites is at your own risk and the Company and assumes no responsibility or liability for any use or misuse of such information. Nothing contained herein is a solicitation or an offer to buy or sell futures, options, or FX. Past performance is not necessarily indicative of future results.
Hypothetical or simulated performance results have certain limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, because the trades have not actually been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs, in general, are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profit or losses similar to those shown.
© 2024 Leveled Up Traders. All rights reserved.
All content published and distributed by Leveled Up Traders, and its affiliates (collectively, the “Company”) is to be treated as general information only. None of the information provided by the Company or contained herein is intended as investment advice, an offer or solicitation of an offer to buy or sell, or a recommendation, endorsement, or sponsorship of any security, company, or fund.
Use of the information contained on the Company’s websites is at your own risk and the Company and assumes no responsibility or liability for any use or misuse of such information. Nothing contained herein is a solicitation or an offer to buy or sell futures, options, or FX. Past performance is not necessarily indicative of future results.
Hypothetical or simulated performance results have certain limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, because the trades have not actually been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs, in general, are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profit or losses similar to those shown.
© 2024 Leveled Up Traders. All rights reserved.
All content published and distributed by Leveled Up Traders, and its affiliates (collectively, the “Company”) is to be treated as general information only. None of the information provided by the Company or contained herein is intended as investment advice, an offer or solicitation of an offer to buy or sell, or a recommendation, endorsement, or sponsorship of any security, company, or fund.
Use of the information contained on the Company’s websites is at your own risk and the Company and assumes no responsibility or liability for any use or misuse of such information. Nothing contained herein is a solicitation or an offer to buy or sell futures, options, or FX. Past performance is not necessarily indicative of future results.
Hypothetical or simulated performance results have certain limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, because the trades have not actually been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs, in general, are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profit or losses similar to those shown.