This is an article from the Legacy Base Camp Instant Funding Program. For the new Base Camp Instant Funding Program, please click here
The maximum total drawdown limit serves as a fundamental risk management tool in Alpine Funded’s trading challenges, setting strict boundaries on potential losses to foster responsible trading.
The drawdown limit is a smart 5% drawdown on the Instant Funding Accounts. This means that the maximum allowable loss is recalculated continually based on the highest recorded equity, adjusting as new peaks are reached. A breach is triggered if the equity drops 3% from its peak at any point.
The daily drawdown becomes is a smart 3% drawdown on the Instant Funding Accounts. It is continuously adjusted based on the day’s highest equity point. Any drop from this peak by more than 3% during the day triggers a violation.
These measures are important in enforcing disciplined risk management across all stages of the trading challenges, helping traders manage significant market exposure carefully and sustainably.
The daily drawdown is reset daily at 22:00 UTC.