The Phoenix Classic drawdown model is based on one..

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The Phoenix Classic drawdown model is based on one fixed account-wide loss level. For a $100,000 account, the 6% maximum overall loss creates a $94,000 floor. If the account later grows to $110,000 or $120,000, that floor remains at $94,000. Separately, the 4% daily drawdown applies to each trading day and resets according to the programme's rules.
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Introduction Many funded account programs use trailing drawdown models, where the loss limit adjusts as the account balance increases. This approach is designed to help protect profits, but it also means traders need to keep track of how their availa

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