How Drawdown Works on GTX Redline
Learn how end of day trailing drawdown applies to GTX Redline during the evaluation and the funded stage.
The maximum drawdown uses end of day trailing. The drawdown level trails your end of day account balance as it grows, and stops trailing once it reaches your starting balance.
Evaluation Phase
During the evaluation there is no daily loss limit. The maximum drawdown is 4% across all account sizes.
Account Size | Daily Drawdown | Maximum Drawdown |
50K | None | 4% |
100K | None | 4% |
150K | None | 4% |
Funded Account
On the funded account there is no daily loss limit. Only the maximum drawdown applies.
Account Size | Daily Drawdown | Maximum Drawdown |
50K | None | 4% |
100K | None | 3% |
150K | None | 3% |
Overnight Holding and Soft Breach
Redline allows overnight holding, so positions do not need to be closed before the market closes. A soft breach means that if you reach the daily loss limit, trading is locked for the remainder of that day rather than the account failing. You can resume trading the following session.
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