Phidias Express to Live — static drawdown — 100k
Phidias Express to Live's maximum drawdown is a static 0.8% of the account, fixed from your starting balance — it does not trail up as you profit. The rule above is fixed; what it means for your account is not — run your own win rate and average R against Phidias's full published rule set in the free calculator at run your own book against Phidias — free.
Phidias's Express to Live models its maximum drawdown as a static floor at the 100k account size: the limit is fixed at 0.8% ($800) below your starting balance and does not trail up as the account grows. It is measured against the highest closed balance after each closed trade.
| Field | Value |
|---|---|
| Allowance | 0.8% ($800) |
| Anchor | Starting (initial) balance — fixed |
| Basis | balance after each closed trade |
| Includes unrealized P&L | Yes |
| Evaluated | end of day |
How large is Phidias Express to Live's maximum drawdown?
Phidias Express to Live sets a static maximum drawdown of 0.8% of the account, fixed from the starting balance.
Does Phidias Express to Live's maximum drawdown trail?
No — it is a static limit anchored to your starting balance, so it does not move up as the account grows.
What does Phidias Express to Live's maximum drawdown track?
It is measured against the highest closed balance after each closed trade.
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 Phidias's full published rule set, not just this one mechanic.
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