At Top One Futures, effective risk management is the foundation of our trading programs. Our drawdown rules ensure a fair and transparent trading environment while protecting traders from excessive losses. This article explains how the Max Trailing Drawdown operates on Elite accounts (for the Daily Drawdown, see Daily Drawdown: What You Need to Know). Note: the drawdown rules are the same for both Elite Evaluation Accounts and Elite Sim Funded Accounts.
Important note on intraday breaches: while the Max Trailing Drawdown moves up based on your end-of-day balance, you cannot go at or below the drawdown threshold at any time intraday. For example, on a $50,000 account with a $2,000 Max Trailing Drawdown, if your equity goes at or below $48,000, even for a moment, this will trigger a breach. Recovering above the threshold later in the session does not reverse the breach.
Max Trailing Drawdown: Based on Highest Closed Balance at EOD
The Max Trailing Drawdown ensures you maintain a sustainable trading approach while scaling your account. It is set as follows:
Account size | Max Trailing Drawdown | Starting breach level |
$25,000 | $1,000 | $24,000 |
$50,000 | $2,000 | $48,000 |
$100,000 | $3,000 | $97,000 |
$150,000 | $4,500 | $145,500 |
It adjusts dynamically based on the highest closed balance at the end of the day achieved during your trading.
How It Works
Your breach level is active from the moment you start: starting balance minus your max drawdown (e.g. $50,000 − $2,000 = $48,000).
It trails upward as your account reaches new highs.
It moves up only at the end of the day, based on your closing balance. Intraday highs don’t move it.
It does not move down if your balance decreases.
The breach level is checked in real time. If your equity goes at or below it at any moment, the account is breached.
Breach Condition
If your equity goes at or below the trailing drawdown level at any moment, your account is breached, and trading will stop. If you are trading an Elite Sim Funded Account, your account will be closed. If you are trading an Elite Evaluation account, your account will be paused until your anniversary billing date, or you may purchase a reset prior to your anniversary date and begin trading immediately.
Examples
Account | Trailing Drawdown | Highest closed balance | Drawdown moves to | Breached if equity goes at or below |
$25,000 | $1,000 | $26,000 | $25,000 | $25,000 |
$50,000 | $2,000 | $51,000 | $49,000 | $49,000 |
Always ensure your balance stays above the active drawdown level throughout the trading day.
Elite Account Drawdown Lock Table
Account size | Drawdown amount | Balance to lock drawdown | Drawdown locks at |
$25k | $1,000 | $26,100 | $25,100 |
$50k | $2,000 | $52,100 | $50,100 |
$100k | $3,000 | $103,100 | $100,100 |
$150k | $4,500 | $154,600 | $150,100 |