Take Profit Trader rules explained: the drawdown that changes when you pass

Prop firms change their terms, and rules differ by plan size, phase and promotion. Take Profit Trader’s own rules page is authoritative — always check it against the plan you hold before you trade.

The evaluation trails your drawdown line end-of-day: it moves once, on the closing balance, and an intraday spike that gives itself back before the close never touches it. The funded PRO account trails live equity, which is the rule set Edgekeeper loads here — the floor trails your live equity, open profit included. That single change is worth more than any percentage on this page, because it means an unrealised peak you never banked permanently raises the level at which the account dies.

Read that once more slowly, because it is the whole firm. On the evaluation, a trade that runs +$900 and closes +$100 raises your floor by $100. On the funded account, the same trade raises it by $900. You did not keep the $900. The floor did.

Where the floor stops

The floor stops rising once it reaches your starting balance, and everything you make above that is buffer you cannot lose back to the trail. That lock is the most valuable sentence in the rule set and the one most worth trading toward deliberately. Until the floor reaches it, every dollar you make is partly spent buying a tighter leash; after it, every dollar is genuinely yours to lose back. Traders who understand this treat the early period as a different game — smaller size, faster profit-taking — and only trade normally once the floor has frozen.

The practical consequence is that scaling up early is precisely backwards. A big early win on an intraday trail tightens the account around you. The account gets safer as it gets older, not as it gets larger.

What counts as a day

A day counts only if it books at least $200 in profit — a flat day, a losing day and a scratch day all count for nothing. This is the detail that turns a payout timeline from a guess into arithmetic: 5 qualifying days is not 5 days at the desk. A scratch session, a day you stopped after one small loser, a day you were flat — none of them advance the counter. Traders routinely arrive at what they think is their payout date several days short.

It has a second, less obvious effect. A profit bar on a qualifying day quietly punishes the correct decision to stop trading a bad session, so plan the counter around your good days rather than trying to rescue your bad ones into counting.

The daily loss limit

The daily loss limit is set per plan size rather than published as one percentage, so read it off your own account and enter it when you set the account up. Treat it as measured on equity, which on this rule set it is — an open position deep underwater is spending the limit before you have decided to take the loss.

What most often ends a Take Profit Trader account

• Trading the funded account the way you traded the evaluation. The basis changed underneath you. The strategy that passed is being measured by a stricter instrument.
• Letting a winner run and give it all back, once. On an intraday trail that is not a break-even trade. It is a permanent transfer from your room to your floor.
• Counting calendar days toward a payout. Qualifying days have a profit bar, and the days you most want to forget are the ones that do not count.

Tracking a Take Profit Trader account

The reason these rules are worth reading closely is that none of them are checked by your platform. Your broker shows you a balance; the firm is watching a floor, a daily limit and a share of profit that your balance alone does not tell you about. Edgekeeper loads this rule set onto an account and does the arithmetic on every trade you log: how much daily loss room is left right now, where the drawdown floor currently sits, how many qualifying days you have, and whether one big day has put the consistency rule between you and a payout.

It also warns you before you write the trade, not after. The point is not to be a scoreboard — it is to be the thing that says "this trade takes you inside the last third of your daily loss" while you can still decide something about it.

Track a Take Profit Trader account in Edgekeeper — free

These are the exact rules Edgekeeper loads. Create the account and every trade you log updates your daily loss room, your live drawdown floor, your qualifying days and your payout eligibility — and warns you before a trade takes you past a limit. One prop account is free, forever, no card.

Other prop firms

New to these limits? Start with daily loss vs. trailing max drawdown.