How to Calculate Your Drawdown (Updated for New Products)
Trade4U uses different drawdown calculation methods for Challenge and Funded phases:
Challenge Phase (Standard & Instant Activation only)
End of Day (EOD) Drawdown - Evaluated only at market close:
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Your account balance is checked when markets close for the day
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Intraday fluctuations and open positions do not affect drawdown during trading hours
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Provides more flexibility for intraday recovery strategies
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Maximum drawdown limits: $1,500 (25K), $2,000 (50K), $3,000 (100K), $4,500 (150K)
Funded Phase (All product types)
Intraday Trailing Drawdown - Real-time monitoring:
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Monitors equity (closed P&L + open P&L) in real-time throughout trading day
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Drawdown limit trails upward with profits but never decreases
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Creates a moving floor that rises with success but provides permanent protection
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Becomes static when balance reaches initial balance + maximum drawdown
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.
Understanding EOD Drawdown (New for Challenge Phase)
End of Day (EOD) drawdown provides more flexibility during trading hours:
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Evaluation Point: Only at official market close (typically 5:00 PM ET)
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During Trading Hours: Temporary drawdowns do not violate rules
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Example: On a $50,000 account with $2,000 drawdown, you can go down to $47,000 intraday without violation as long as you close above $48,000 at day end
Important: You must still close all positions before market close each day.
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 according to your product type's rules.
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.