Limitless Funding has made a pivotal update to its trading account offerings, specifically the 2-Phase and 3-Phase accounts, by the integration of static drawdowns. This innovative feature locks the Maximum Drawdown limit at a constant value relative to the account’s initial balance, instead of fluctuating with account equity.
Furthermore, traders can benefit from a 15% discount on all account types by using the code PFR15 during the checkout process.
Understanding Limitless Funding’s Static Drawdown
Consider static drawdown as your account’s personal safety net, ensuring a predefined maximum loss that doesn’t alter with your account’s equity changes. This guarantees that the risk boundary is clear and constant, allowing traders to strategize with certainty.
The Advantages of a Fixed Risk Limit
Static drawdown simplifies trade planning by keeping the risk limit unchanged. It enables traders to concentrate on profit generation without the concern of a diminishing safety net. With profits accumulating, the trading capital increases, yet the maximum allowable loss remains unchanged, facilitating quicker account growth.
Static Drawdown in Practice: A Scenario
Imagine starting with a $100,000 funded account where the static drawdown introduces a non-negotiable stop-loss at $85,000. As your profits rise to $15,000 or even $25,000, elevating your balance to $115,000 or $125,000 respectively, your safety net remains firmly at $85,000.
Expanding Risk Management alongside Growth
This model enables a progressive risk management strategy, allowing for larger trades as your capital base expands, without compromising on loss protection. It’s a strategy that not only safeguards but also encourages ambitious trading.
Conclusion: A Step Towards Predictable Risk Management
Static drawdown introduces a reliable method for managing trading risks, providing traders with a transparent understanding of their potential losses, irrespective of account growth. Limitless Funding’s adoption of static drawdown marks a significant advancement in offering traders a stable platform for success.
Remember, the promotional code PFR15 grants a 15% discount on all account purchases, further empowering traders in their journey with Limitless Funding.