Static or EOD: choosing your floor
Two floor mechanics. EOD asks for less profit to pass; Static gives you a floor that never tightens.
The floor family is the second of the two choices that set every figure on your account. It changes the mechanic of your drawdown and, with it, your profit target. Nothing else differs between them.
Static, a fixed floor
A static floor sits where it starts for the life of the evaluation. Profiting never brings your limit closer, and there is no ceiling on how high the account can run. It is a hard level: the account closes the moment your balance touches it, intraday or at the close.
EOD, an end of day trailing floor
An end of day trailing floor moves up once per day at the close, from your highest closing balance, and it keeps trailing rather than locking at breakeven. An intraday dip that recovers before the close does not close the account.
Static is a fixed floor, checked intraday and at the close. Profit target: twice your drawdown.
$3,000
EOD is an end of day trailing floor, checked at the close only. Profit target: 1.75 times your drawdown.
$2,650
Both floor families end at the same place. The floor governs the evaluation; once you are live, the account is a real brokerage account and the only limits on it are the market's, the broker's, and the ones you set for yourself.
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The evaluation is simulated trading. No real capital and no real market execution are involved in it, and passing an evaluation does not guarantee placement: a live account is offered at the discretion of the firm and subject to broker approval. Trading futures and options carries a substantial risk of loss and is not suitable for every investor. Hypothetical performance results have inherent limitations, some of which are described under CFTC Rule 4.41.