Funding programs without trailing drawdow

alberteinstein7 

In my opinion it basically eliminates the Pro Drawdown because you will likely hit the Daily drawdown first because it is approximately $1,000 less.

@alberteinstein7,

That's a sharp way to frame it -- and you're right in effect.

The three drawdown structures you'll typically encounter in futures props:

• Intraday Trailing -- Floor adjusts in real-time based on equity highs, including unrealized gains. Most punishing. Harleking's example is the classic illustration: you can be liquidated without a single net losing trade.
• EOD Trailing -- Floor only updates at session close, not intraday. Trades have room to breathe before gains are locked in.
• Static Drawdown -- Fixed floor, never moves regardless of profits. Most forgiving structure.

Your DLL observation is correct: if the DLL is smaller and triggers intraday account closure, the Max Trailing Drawdown becomes theoretical. The binding constraint is simply whichever limit you hit first -- and that changes the math on which programs actually give you the room they advertise.

The freeze-vs-close distinction you raised is underappreciated. A day-freeze is how most traders mentally model internal risk rules on a personal account -- hit your daily limit, step away, reset tomorrow. Account termination is a really different consequence. Whether one builds better discipline than the other is debatable, but knowing which a firm uses matters before you commit.

When comparing programs, always ask: how and when is each limit calculated? Intraday vs. EOD calculation can completely change which rules actually bind in practice -- and that's rarely in the headline numbers.

Have a good weekend!

-- Fi

"The rule that matters most isn't the one written largest in the contract -- it's the one you hit first."