Minimalist Trading
New: prop-firm drawdown rules, explained

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Position size

Forex, USD account

How many lots for a 1% risk with a 25-pip stop?

$
%
pips
$
Position size

2.00 standard lots

Amount at risk
$500.00
Units
200,000
Value per pip
$20.00

Lots at each risk level same account and stop

Formula lots = (balance × risk%) ÷ (stop pips × pip value) = (50,000 × 1%) ÷ (25 × 10) = 2.00

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Median ending balance
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Runs that end below the start
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Median worst drawdown
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Simulated (S): 20 random runs of 200 trades from a $10,000 start, risk compounded on the balance. Not a forecast. Full simulator with 1,000 runs

Guides

“The floor equals that high minus the drawdown, rises with every new high and never falls back.”

From the guide: How prop firm drawdown rules work

Trailing drawdown

$100,000 account, 5% trailing limit

104k102k100k98k96k94k peak $104,000 floor $99,000 start floor $95,000
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Range Fan, illustrative chartHow it works
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The pip value is found in the quote currency, then converted to your account currency at the current rate. The formula is shown under each result.

On TradingView, where the source code is published with each script.

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