balance based drawdown prop firms | BTCC Knowledge

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FundedNext explains the concept of Balance Based Drawdown in prop trading. It emphasizes that BalancedBased daily drawdown is the only option due to its advantages. The FAQ EP 1 provides further insights into why this is the case. FundedNext also offers a comprehensive guide on how to calculate drawdown, aiding prop traders in understanding and managing their risk. This approach helps traders maintain a balanced portfolio and minimize losses.

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