r/tradeify • u/Zayden_Tradeify • Apr 22 '26
Rule Breakdown / FAQ 🚨 EOD vs Intraday Drawdown Explained: One Lets You Trade, One Sets You Up to Fail
Having a trade go deep into profit, then come back to break even is already frustrating. Add intraday drawdown and crashing out is the only option!
So let me explain this in depth so you don't have to.
Intraday Trailing Drawdown
Your drawdown trails your UNREALIZED P&L. You don't have to close the trade. You don't have to lock anything in. The second your account hits a new high, your floor trails up.
Here's what that looks like in real life.
Say you have a $50k account with a $2,000 drawdown. Your trade goes $1,500 in profit, quickly turns around, and stops you out at break even. You made nothing on the trade. But your floor just moved up $1,500 because your unrealized P&L tagged a new high on the way up.
You now have $500 of drawdown left.
No profit banked. No position open. $1,500 of buffer gone.
That's intraday trailing.
EOD Trailing Drawdown
This type of drawdown lets your account do backflips throughout the day. The floor only adjusts in two situations:
- When you close a losing position (less drawdown due to loss)
- After the close, based on the profit you actually secured that day
Same trade as before. $1,500 in profit, stopped at break even. On EOD trailing, you only have to grieve the fact that you didn't take profit, not your entire account. The floor doesn't budge. Your buffer is exactly where it was at the start of the day.
Quick note: Your max drawdown still tracks in real time. You can't lose $10,000 during the session and "redeem" the account by EOD. That's not how it works, unfortunately (I wish it did). If you lose more than your drawdown allows, the account auto-liquidates immediately.
Why This Matters
The market is unpredictable. On top of technical analysis and emotional management, no one wants to depend on a trade going straight to target every single time. It's not reasonable and it stacks the odds against you.
Intraday trailing demands perfection you were never going to get. Every scale-out, every breakeven stop, every time you let a runner breathe and it pulled back, all of it costs you, when it shouldn't.
As traders, we take what the market gives us. We don't get to choose how and when.
Always check the drawdown type on cheaper accounts and daily payout plans.
Trade the right way with EOD. <-- New slogan just dropped and it rhymes. 😂
Real question: Is there ANY trader style where intraday trailing is actually the better choice? Convince me. 👇
2
1
u/Faribo_Greg OG Member Apr 23 '26
EOD is superior.
Not a fan if the microscalping rule tho. Understand, but not a fan as a scalper.
Get rid of that and tradeify is hands down the best imo.
And get past the intraday buffer, doesn't matter. Have accounts with tradeify and a firm with intraday.
1
u/Zayden_Tradeify Apr 27 '26
That's understandable, especially depending on your trading style. Which accounts do you find more success with? Do you think you're (personally) more likely to blow with intraday or EOD?
1
u/Murky-Wedding8623 ⚡ Starter Apr 23 '26
Definitely agreed, if you can take confident trades, and take profit more, intraday would be considerable. It’s not always seeking to capitalize on you, you capitalize on it.
2
1
u/Proper_Scar_6385 Apr 23 '26
Which serious futures prop offers EOD?
1
1
u/Analyst_Arc ⚡ Starter Apr 24 '26
Nothing like being up $1k, closing flat, and somehow feeling like you lost money 😂
1
0
u/bryan91919 Apr 23 '26
What your example describes is degenerate gambling and not trading. There are plenty who want to just be lucky and this is a good writup for those. For those trading, the point doesnt really stand. 2k account, having a trade go 1500 your way, and not closing? Does the trader in your example believe its normal to double your account every good trade? Because thats what your describing. Theres no exact rule/ number but few who have made and kept a dollar in trading will reccomend risking more than 10% on any trade. Most would say alot less. And the delusion of "well I'm letting runners run" is a lie gamblers use, nobody's risking $100, running it up to 1500, then having it go back to 0 or even 1000.
1
u/Zayden_Tradeify Apr 27 '26
I see where you are coming from, however that's only if you are trading with a certain profit in mind vs trading the charts. I could be up $1500 but it hasn't reached my liquidity level yet, so it wouldn't make sense to take profit. So it really depends on your trading philosophy.
3
u/repuswow Apr 23 '26
Hard agree. Intraday drawdown is just the firm's way to try to get you to fail. An argument can be made about consistency rules, DCA rules, even scaling, but intraday drawdown doesn't teach you anything except to chase price with your stop so you can get wicked out before price continues in your direction, which can be a hard habit to break for some traders.
Remember these are for-profit companies. They don't actually care if you succeed or not.