End of Day Drawdown
LucidFlex evaluation and funded accounts use an End-of-Day Drawdown (EOD Drawdown) system to calculate the Max Loss Limit (MLL).
At the end of each trading session, the system calculates the account’s highest closing balance
The MLL increases as your balance grows, up to a defined point
Once your account exceeds the Initial Trail Balance, the MLL locks and no longer moves
Once you request a payout from LucidFlex, your MLL automatically adjusts to the Locked MLL Balance
Account Size | MLL Amount | Initial Trail Balance | Locked MLL Balance |
$25,000 | $1,000 | $26,100 | $25,100 |
$50,000 | $2,000 | $52,100 | $50,100 |
$100,000 | $3,000 | $103,100 | $100,100 |
$150,000 | $4,500 | $154,600 | $150,100 |
As with the other account types:
The MLL rises with your closing balance until it reaches the trail
Once the account exceeds the trail, the MLL locks at the initial balance plus $100
If your account balance reached the MLL, your account will be breached.