FundedNext Futures — trailing drawdown — 25k
FundedNext Futures's Legacy Challenge models its maximum drawdown as a trailing floor at the 25k account size: the threshold tracks the highest end-of-day closed balance and never moves back down. The floor stops trailing once it locks; the corpus records a lock condition for this program.
| Field | Value |
|---|---|
| Allowance | 4% ($1,000) |
| Basis | balance_eod |
| Includes unrealized P&L | Yes |
| Evaluated | eod |
| Locks / freezes | {"at":"initial_plus_abs","value":0} |
Unresolved in FundedNext Futures's own documentation (read, not reconciled): whether the trailing drawdown floor tracks the intraday peak or the end-of-day balance; whether touching the drawdown floor exactly breaches, or only closing below it does; whether the drawdown floor is tested continuously through the day or only at the end-of-day close.
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