Evaluation: End of Day trailing
Your Max Loss Limit moves only after each session close, based on your end-of-day balance. It never moves intraday and never moves down. A dip below it during the day is fine as long as you recover by the close; open positions count in the closing check.
Sim Funded: intraday trailing
Your Max Loss Limit trails your equity high in real time, not just at the close. A spike in open profit lifts the floor immediately, even if you give it back. Any moment below the floor is a breach.
Once the floor reaches $100 above your starting balance ($25,100, $50,100, $100,100 or $150,100) it stops trailing and stays there.
Live
Live accounts go back to End of Day trailing, which stops at the starting balance.

