📉 How Is Drawdown Calculated at Nostro?
Understanding drawdown is essential for managing risk and protecting your trading account. Nostro uses two key drawdown measurements: Daily Drawdown and Maximum Drawdown.
Daily Drawdown
Daily drawdown represents the maximum amount your account is allowed to lose within a single trading day.
This rule helps ensure traders maintain proper risk management and avoid excessive losses in a short period of time.
How Daily Drawdown Is Calculated
Daily drawdown is calculated based on your equity at the end of the trading day rollover (7PM EST).
Once this value is recorded, your daily drawdown limit is set for the next 24-hour trading period.
Typical limits are:
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4% – 6% for paid challenge accounts (depending on challenge type)
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3% for the Free Challenge accounts
The daily drawdown resets again at the next 7PM EST rollover.
Example
Imagine you have a $5,000 account and you hold a trade overnight that is in $40 profit at rollover.
Your end-of-day equity becomes:
$5,040
If your daily drawdown is 5%, your daily loss limit becomes:
$5,040 × 5% = $252
This means your account cannot drop below:
$5,040 − $252 = $4,788
If the trade moves from +$40 to $0, you would now have a drawdown of $212 remaining for that day.
This example highlights why it is important to use proper stop losses and position sizing, especially when holding trades overnight.
Important Notes
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Daily drawdown is locked in at rollover (7PM EST)
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It does not increase during the day if your account balance grows
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The limit remains fixed until the next rollover
Always check your dashboard drawdown metrics to stay within the allowed limits.
Maximum Drawdown
Maximum drawdown represents the maximum total loss your account can reach at any time.
Unlike daily drawdown, maximum drawdown is based on your starting balance and remains fixed for the entire challenge phase.
For example:
If you start with a $10,000 account and the maximum drawdown is 6%, your account cannot fall below:
$10,000 − 6% = $9,400
If your equity falls below this level at any time, the account will receive a hard breach.
Summary
Daily Drawdown
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Maximum loss allowed in a single day
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Calculated from equity at 7PM EST rollover
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Resets every 24 hours
Maximum Drawdown
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Maximum total loss allowed on the account
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Calculated from the starting balance
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Fixed throughout the challenge phase
Understanding these drawdown limits helps traders protect their accounts, manage risk effectively, and maintain consistent trading behaviour on the Nostro platform.