Glossary · T
What is Trailing drawdown?
A drawdown floor that rises with the account's peak and never falls. End-of-day trailing follows the highest closing balance; intraday trailing follows the highest value at any moment, including open profit.
In context
Trailing drawdown — A drawdown floor that rises with the account's peak and never falls. End-of-day trailing follows the highest closing balance; intraday trailing follows the highest value at any moment, including open profit. [Ch 11]
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