PropTally

Prop Firm Rules Explained

Understanding prop firm rules is the difference between passing and failing. Learn how each rule works and how to trade around them.

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Trailing Drawdown
Real-time drawdown that follows your equity high-water mark
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End-of-Day (EOD) Drawdown
Drawdown that only updates at market close β€” more forgiving
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Static Drawdown
Fixed drawdown floor that never moves β€” the most trader-friendly
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Consistency Rule
Limits how much profit can come from a single trading day
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Daily Loss Limit
Maximum loss allowed in a single trading session
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Profit Targets
Goals you must reach to pass evaluation phases
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