How does Max Drawdown (Static) work?

Static Max Drawdown in trading means your minimum account balance is fixed from the start. For example, if you start with a $100,000 account and a $5,000 Static Max Drawdown, your limit is $95,000. This limit doesn't change, regardless of profits, and is visible on your Dashboard. Dropping below this $95,000 threshold means your account is breached. Unlike trailing drawdowns, this limit remains constant, ensuring clarity in your trading plan.