TradeDay Quick Pay Intraday — trailing drawdown — 150k
TradeDay Quick Pay Intraday's trailing drawdown limit is 3% of the account balance, and the floor never moves below the highest point reached. The rule above is fixed; what it means for your account is not — run your own win rate and average R against TradeDay's full published rule set in the free calculator at run your own book against TradeDay — free.
TradeDay's Quick Pay Intraday models its maximum drawdown as a trailing floor at the 150k account size: the threshold tracks the highest equity reached intraday, including open positions and never moves back down. The floor stops trailing once it locks; the corpus records a lock condition for this program.
| Field | Value |
|---|---|
| Allowance | 3% ($4,500) |
| Basis | intraday equity (open positions included) |
| Includes unrealized P&L | Yes |
| Evaluated | intraday, continuously |
| Locks / freezes | Locks at the initial account balance |
How large is TradeDay Quick Pay Intraday's trailing drawdown?
TradeDay Quick Pay Intraday allows a trailing drawdown of 3% of the account balance.
What does TradeDay Quick Pay Intraday's trailing drawdown track?
It tracks the highest equity reached intraday, including open positions, and the floor never moves back down.
Does TradeDay Quick Pay Intraday's trailing drawdown stop trailing?
Yes — the corpus records a lock condition, so the floor stops trailing once it locks.
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 TradeDay's published rule set as modeled: trailing ratchets on every closed trade, not on unrealized intraday equity.
Run TradeDay 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 TradeDay.