Please I want to know where the drawdown is calculated from. Is it from the given capital or it includes your profits already made. If you have a drawdown over 5% or 10% and your give capital is intact, will it be counted against you ?
If I'm given 3000 and earned up to 20% already before experiencing a drawdown of 10% which off course will not take my account to 2700. Have I violated the rules?
Yeah, account balance, closed trades and don't forget floating trades