How to Calculate Your Drawdown
Trade4U uses Intraday Trailing Drawdown for all accounts that considers open P&L and equity high water mark in real-time throughout the trading day.
Your maximum drawdown limits are fixed by account size: $1,500 (25K), $2,000 (50K), $3,000 (100K), or $4,500 (150K). Understanding the calculation method is crucial for proper risk management and avoiding violations.
Understanding Intraday Trailing Drawdown with Static Conversion
Intraday Trailing Drawdown in Trade4U accounts monitors your equity (closed P&L + open P&L) in real-time against your highest equity point (high water mark). The drawdown limit trails upward with profits but never decreases, creating a moving floor that rises with your success but provides permanent protection.
Trade4U Special Feature: The drawdown becomes static when the account balance reaches initial balance plus maximum drawdown. For example, on a $50,000 account with $2,000 drawdown, when balance reaches $52,000, drawdown becomes permanently static at $50,000.
How to Track Your Progress
Monitor your progress through the "Performance" tab in your trader dashboard, which shows current profit/loss, days traded, profit target completion percentage, and remaining drawdown buffer. The system updates these metrics in real-time during trading hours.
Review your consistency metrics regularly to ensure you're not concentrating too much profit in single trading days.
How to Download Trade/Orders Report
Access your trader dashboard and navigate to "Reports" > "Trading Activity." Select your desired date range and report type, then click "Generate Report" to create a downloadable PDF or CSV file.
Reports include all relevant trading data: entry/exit times, instruments traded, position sizes, profit/loss per trade, and commission costs. Use these reports for tax purposes, performance analysis, and strategy refinement.
How to Check Your Performance Analytics
Your trader dashboard provides comprehensive performance metrics under "Analytics" including win rate, average trade duration, profit factor, maximum drawdown periods, and risk-adjusted returns. These update automatically after each trading session.
Compare your performance against account benchmarks and track improvement over time using the trend charts provided. Focus on consistency metrics like standard deviation of daily returns and maximum consecutive losses to identify areas for improvement.