Phidias EOD drawdown: a 50K Fundamental/Premium example
Understand Phidias Fundamental and Premium EOD drawdown, the published floor and trailing rules, with a clearly labelled simulated example.
Start from the loss distance
For the named 50K plans, the initial illustrative floor is $50,000 minus $2,500, or $47,500. This is a loss allowance inside a simulated account, not a $50,000 withdrawal balance or permission to risk the whole allowance on one position.
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Diagram explained
Evaluation and CASH need separate calculations
- 50K start − $2,500 = $47,500
- Hypothetical EOD $51,000 → $48,500
- CASH lock: $50,100
A rising end-of-day reference
In an independent hypothetical evaluation history, a qualifying high closing balance of $51,000 gives $48,500 after subtracting the same $2,500 distance. A later losing day does not restore the original lower floor. Read the dashboard threshold before placing the next trade.
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CASH locks at initial plus $100
The CASH trailing mechanism stops at the initial balance plus $100: $50,100 for a 50K account. Do not import that funded lock into an evaluation calculation. A payout also changes remaining headroom, so check the post-withdrawal balance rather than only gross profit.
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Avoid cross-programme arithmetic
Express to Live has a static model and different targets; the calculation above is not its rule. Record product, stage and size beside each risk calculation. The terms define CASH as virtual, so remaining headroom is not client cash held in a brokerage account.
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Sources and scope
Sources are provider publications. Conditions may vary by entity, country, account and program. Recheck before signing up.