Static vs EOD Trailing Drawdown:
Static Drawdown is simple:
Take for example a $50k account with a $2k drawdown
Your fail line sits at $48k and it never moves even when you make profits. Static lets your profit actually become a cushion.
Let's say you make $3k, you're now $5k from failing instead of $2k. That buffer is yours to use on the days nothing works.
EOD Trailing Drawdown:
Your drawdown updates based off your highest closing balance at the end of the day. If you close at $53k, tomorrow your fail line is now $51k.
Trailing takes that cushion back as fast as you build it. You're always the same $2k from done no matter how good the month has been.
One of those lets you breathe after a good run while the other keeps you on the edge forever.
I put a link below to my favorite Static Drawdown accounts, follow for more!