Blueberry Funded Drawdown Rules Explained
Drawdown rules are among the most importantand sometimes confusingparts of any prop trading challenge. Blueberry Funded is no exception: understanding how their drawdown works is crucial for passing the evaluation and protecting your funded account. Heres a clear, step-by-step guide to Blueberry Fundeds drawdown rules and how to trade within them.
Types of Drawdown at Blueberry Funded
- Daily Drawdown: The maximum you can lose in one trading day before your account is breached.
- Trailing Drawdown: A dynamic loss limit that moves up as your account hits new highs. If your equity drops below this level, your account is closed.
How Trailing Drawdown Works
- Starts at your accounts initial balance
- Rises as your equity reaches new highs, trailing by a set dollar amount
- Never moves downeven after a losing day
How to Monitor and Stay Safe
- Check your dashboard daily for current drawdown levels
- Set alerts when close to any threshold
- Avoid big swingssteady gains keep you within safe limits
Best Practices for Managing Drawdown
- Use small size when close to a new high
- Take profits regularly to lock in your trailing drawdown
- Dont hold for big wins and risk giving it all back
What Happens If You Breach Drawdown?
Your account will be instantly deactivated and youll receive a notification. Blueberry Funded allows you to reset for a reduced fee, but its always better to stay disciplined and avoid breaches in the first place.
Key Takeaways
Understanding Blueberry Fundeds drawdown rules is key to success. Check your limits, trade within your plan, and reach out to support if you have any questions. For the latest rules and examples, visit the official Blueberry Funded site.