EOD Drawdown vs Intraday Trailing Drawdown

An intraday trailing drawdown follows your highest balance at any moment, including open profit. An end-of-day (EOD) trailing drawdown only moves when the session closes, using your closing balance.

With an EOD drawdown, a trade can run into profit and pull back during the session without moving your floor, as long as you finish the day above it. With an intraday drawdown, the same swing raises the floor at the peak and then cuts your buffer when it pulls back.

Strategies that hold trades through large swings or scale out slowly tend to suit EOD. Traders who take profit quickly and rarely give back open gains lose less from an intraday drawdown, which often comes with lower prices.

Compare the same account size at each firm and look at the drawdown type, amount and price together. A cheaper intraday plan can cost more overall if it leads to more resets.