The same trades, judged by three different drawdown rules. This is the mechanic that fails more evaluations than bad trading does, run the presets and watch an account get breached while it's in profit. Companion guide: Trailing vs EOD vs Static Drawdown.
The loss limit ratchets up with your highest unrealized equity, every tick of open profit raises the floor, permanently. Give back a winner and the floor is already behind you.
The limit recalculates once per day from your closing balance. Open profit during the session doesn't move it, you can let winners breathe without feeding the floor.
A fixed line below your starting balance. The simplest and most forgiving regime, what you see on day one is the rule forever.
Simplifications, stated honestly: the simulator assumes each trade's worst moment is its close (real trades can dip further mid-trade), and models the common versions of each rule, firms vary in exactly when floors update and whether trailing counts unrealized profit. It teaches the mechanics; always verify the precise rule in your firm's documentation before trading.
Prop Firm Novice