Damelin Aobakwe T.
5% trailing drawdown
i would like to hear the reasoning behind the trailing 5% drawdown as opposed to just leaving it as absolute drawdown, i mean its already 5%. i tried searching for videos on it. And, is the 5% trailing mean i will get trailed on the assessment and on the real account until i hit it?
Response from mentfunding.comAug 28, 2022
Hi Damelin, This is Anton/mentfx/Ment Funding. This is the model we built out that allows a win-win behind our investment team and the model we are able to provide our members/traders. Yes, this is standard and true across our evaluation accounts as well as the live accounts. Please remember, as per our rules, the trailing drawdown ONLY trails until you are 5% in profit (closed balance) from the initial starting balance, and DOES NOT trail after that - this is true for the evaluation and the LIVE. This allows our investing backend to reduce their risk behind each funded account - as each account any funded member received is 100% live and we are taking real risk on the traders that are with us. Please have a reread of our rules to understand how it trails and when it stops trailing. You will also be able to see this via the database once you receive your login and details - and you will be able to see this a bit better once we get our updated database and more streamlined view out. That said, I ask that you please reconsider the 4-stars as we make every element of our model available to and describe in depth on our website. We are able to offer a model like this and with our rules - are also able to offer it at 1-step across the board and no time limits. You don't need to search videos on it - you need to have a read of our rules on the website. Thank you, Anton, Ment Funding LLC



