EOD trailing drawdown
End-of-day trailing drawdown is a trailing loss limit whose floor updates only once per day, at the session close, based on the highest closing balance rather than intraday equity.
How it works
The floor re-marks after the close using the day's closing balance. Unrealised profit reached during the session — and given back before the close — never moves the floor. A position that runs $1,500 into profit at noon and closes flat leaves the floor exactly where it was. The industry moved decisively toward this model in 2026; firms running EOD across both evaluation and funded stages include Topstep, Alpha Futures, Tradeify Select, most MyFundedFutures plans and Apex under its 4.0 rulebook.
Why it matters on a funded account
EOD is materially more forgiving for strategies that scale out or hold through the middle of a move, because intraday heat is invisible to the check. The trap is the stage switch: several firms run EOD in the evaluation and intraday once funded, so the strategy passes the test and then meets a stricter rule on the account that actually pays.
Read next
Part of the Puravida Edge prop trading glossary. Firm-specific figures verified September 2026; rules change frequently — confirm on the firm's site.
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