Competition
Competition drawdown and risk rules
The competition uses a 4% daily drawdown that resets at 21:00 UTC, an 8% trailing maximum drawdown, a 4% maximum risk per asset and a two-minute minimum hold. Drawdown uses equity; the per-asset risk limit uses planned stop-loss distance and is a hard-breach rule.
The limits
| Rule | Competition |
|---|---|
| Daily drawdown | 4%, checked on equity, resets at 21:00 UTC |
| Maximum drawdown | 8% trailing |
| Maximum risk per asset | 4%, measured using planned stop-loss distance |
| Minimum hold time | 2 minutes |
The daily and maximum drawdown percentages match Speedy. Equity is your balance plus the profit or loss on open trades, and a trailing floor rises with your highest equity and never moves down.
How the trailing floor works · How long must I hold a trade?
Also prohibited
Hedging across competition accounts, deliberately manipulating the per-asset risk allowance by repeatedly risking just below it, and automation of any kind are prohibited. Monthly competition rules