Glossary / Intraday Trailing Drawdown

Intraday Trailing Drawdown

Intraday trailing drawdown is a version of trailing drawdown that recalculates continuously as the account’s equity moves, including unrealised profit on open positions.

The tighter and less forgiving of the two trailing models, since an open position can push the floor up before any profit is actually banked. See the full trailing drawdown entry for the comparison against the EOD version.