Elite Trader Funding — trailing drawdown — 50k
Elite Trader Funding's 1 Step Evaluation models its maximum drawdown as a trailing floor at the 50k account size: the threshold tracks the highest equity reached intraday, including open positions and never moves back down. The corpus records no lock condition — the floor keeps trailing for the life of the evaluation.
| Field | Value |
|---|---|
| Allowance | 4% ($2,000) |
| Basis | equity_intraday |
| Includes unrealized P&L | Yes |
| Evaluated | intraday |
| Locks / freezes | Not recorded |
Unresolved in Elite Trader Funding's own documentation (read, not reconciled): whether the trailing floor locks at the starting balance once the target is reached.
See this rule against your own numbers
Enter win rate, average R and risk size — or import a trade CSV — and the free simulator applies Elite Trader Funding's published rule set as modeled: trailing ratchets on every closed trade, not on unrealized intraday equity.
Run Elite Trader Funding in the simulator — freeRules change without notice; the firm's own documentation is always the final authority. This page is independent research, not investment or trading advice, and PropSurvival is not affiliated with, endorsed by, or sponsored by Elite Trader Funding.