Trailing drawdown calculator
The open profit felt fine, and the floor had already moved. Run an intraday trail and an end-of-day trail through the same trades.
EOD trailing (intraday trail sold separately)
Intraday trail
The floor rises as soon as equity makes a new high, even while the trade is open.
Floor $48,000
$2,000 of room on the closed balance
End-of-day trail
The floor waits for a close. A new high during the day does not lift it yet.
Floor $48,000
$2,000 of room on the closed balance
Closed balance $50,000. A touch of the floor fails that model.
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Questions people actually ask
What is the difference in this trailing drawdown calculator?
The intraday trail lifts the floor when equity makes a high, including an open trade. The end-of-day trail waits for the close. The same dollars can fail one and spare the other.