Starter thread, pinned. The single fact that fails most challenges: a trailing drawdown follows your equity peak, so one good run can tighten your floor against you — while a daily loss limit resets but still caps how a bad hour hurts. Read the rule text, not the marketing.
Second killer: sizing for the target instead of the rules. If your max daily loss is 5% and you risk 1% per trade, five losses in a day ends the account — that's a normal losing streak, not a disaster. The 1% rule guide and compounding math explain the survival logic.
Share rule experiences with receipts (rule screenshots, payout confirmations with numbers cropped as you prefer). Promotion of specific firms with referral links = removed by filter, per the guardrails.
Discussion: 🏦 Prop rules compared — daily vs total drawdown 0 replies
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