Customization
LucidDaily evaluation accounts may have an End-of-Day drawdown or an Intraday drawdown depending on which option you select at check out.
The LucidDaily funded accounts always use an Intraday drawdown.
Drawdown Type
The drawdown type dictates how your MLL is calculated
Intraday drawdown brings your MLL up with your real-time P&L
EOD drawdown brings your MLL up based on your P&L at the end of a session
The MLL increases up to a defined point
Once your account exceeds the Initial Trail Balance, the MLL locks and no longer moves
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 until it reaches the trail balance
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.