The Trailing Max Drawdown is the maximum account drawdown that is trailed up as the account earns profits. The Trailing Max Drawdown will include all commissions and fees. The Trailing Max Drawdown stops trailing up when your account balance becomes equal to your starting account balance. The Max Net Liq value is calculated at the end of the trading day. When your Trailing Max Drawdown level is reached, your working orders will be canceled, your positions will be liquidated and your account will be unable to place trades unless this value is increased or disabled.
See the chart below for an example of how the Trailing Max Drawdown calculates with a starting account balance of $100,000 and Trailing Max Drawdown of $3,000 (with hypothetical profits and losses to illustrate how the calculation would be applied):
To enable this, click on your account in the upper account bar and then click on “Tr. Max Drawdown”:
Then check the box to enable the “Trailing Max Drawdown and enter a drawdown amount and save these changes:
