8/13/2023 0 Comments Trailing max drawdown![]() ![]() Similarly, if you withdrew $15,000, your account balance would now be $200,000 which is also the BREACH level, meaning you would lose your funded account. So after withdrawing $10,000, your account will have a balance of $205,000 and the breach level is now $200,000, meaning you now have a buffer of $5,000. If you then withdrew $10,000 as profit, upon your first withdrawal, the Max Loss locks in at the ORIGINAL account balance. If you then traded your account up to $215,000, the Max Loss Breach level would still be $188,000 (6% of the initial balance). Example: If you have a $200,000 account, the Max Loss Breach level would be $188,000. Important Note: the Max Loss moves to the initial balance after the first withdrawal - incentivizing our funded traders to compound and grow their accounts before withdrawing huge earnings (please see below example). So if your balance grows to $107,000 on a $100,000 account, the Max Loss is still $94,000 (6% from the original balance). For example, on a $100,000 account, the account can only be breached if it goes below $94,000 (6%). The Max Loss no longer trails! The Max Loss is static and calculated ONLY on initial Balance. So, your daily loss limit would still be $95,000. If your floating equity is +$5,000 on a $100,000 account, your new-day (5pm EST) max loss is based on your balance from the previous day ($100,000). ![]() Another Example: if your prior day's end of day balance (5pm EST) was $100,000, your account would violate the daily stop loss limit if your equity reached $95,000 during the day. ![]() If you closed the trade in profit before 5 PM EST, at 5 PM EST the calculation resets and the Max Daily Loss = $100,700 ( $106,000 - $5300 ) This is also updated and shown in your Trader Dashboard along with other metrics so you can keep track of it with no issues. For example, on a $100,000 account, the Max Daily Loss = $95,000 ($100,000 - $5000 = $95,000) So if your equity on any given day is $106,000 but the balance is still $100,000, the Max Daily Loss breach level is still $95,000. Unlike other prop firms, we do NOT base our calculations on previous day equity since the balance only model allows you to scale profits without fear of losing your account. The Max Daily Loss compounds with your account. Max Daily Loss is calculated using the previous day balance which resets (re-calculates) at 5 PM EST. Withdrawing profit on your funded account does not affect the Max Daily Loss. It is the maximum your account can lose in any given day. The Max Daily Loss is subtracted from end of day balance. If you do NOT receive an email, it is likely that the spam filters on your email stopped our email from coming through, so please check your spam folder - and if you still haven't received it, please reach out to us using the Contact Us and we will take care of you. Once the agreement is completed and supporting Know Your Customer documents provided, your funded account will be created, funded and issued to you typically within 24-48 business hours. Live/Funded Account: Upon passing your Assessment, you will receive an email from Gabriella from Deel ( with instructions on how to access and complete your Trader Agreement. If you do not receive your credentials after 1-2 hours, please use the Contact Us feature on our website and we'll make sure to get your account resent. Instead of increasing price, since Ment Funding seeks to find the highest end of traders across all trading types, we seek to provide the opportunity for our algorithmic based traders, manual based traders, higher timeframe or longer term based traders, and our lowertime frame and scalp based traders to pick the evaluation right for them.Ĭhallenge: Once your payment is processed (usually 15-30 minutes), details will automatically be sent to your email from along with the link to the trading dashboard and download of the trading software. 90% Profit Split - 20% price increase Note: you can forgo all options and pay original price, or you can mix and match options select 1 option, or select all. No Stop Loss Required - 10% price increase 4. Double Leverage (this will double all FX and metals leverage to up to 1:20, as well as double max open lots available) - 25% price increase 3. Hold over the weekend - 10% price increase 2. These upgrades will include the following and will see a price increase as addressed below: 1. On the checkout page after clicking "Select Plan" in our Evaluation section above, members will have the ability to choose to pay extra for "upgrades" in their evaluation, making their evaluation fine tuned to their own system. Ment Funding trader's are given the freedom to customize their own 1-step evaluation. ![]()
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