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What is static Drawdown? (2 & 3 Phase)

What is static Drawdown? (2 & 3 Phase)

Maximum drawdown is the maximum your account can drawdown before you would hard breach your account.  When you open the account, your max drawdown is set at 10% of your starting balance for the 2 phase and 5% max drawdown on the 3 phase.  This will be static for the life of the account.

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