Draw-down is Relative, not static.
Draw-down is calculated based on the highest Equity reached in a particular trading day and the lowest equity reached in a particular trading day.
E.g. If you are trading a $100,000 starting balance account. if you reach $104,000 Equity and later go low to $98,000 that same trading day before 5pm EST, you will be banned for violating 6% draw-down Rule.
We hopr to nurture traders that have good risk management with startegies that are compatible with A-book trading.