Rule library / Alpha Capital Group
Alpha Capital Group Alpha One max drawdown and daily loss rules
Every phase of the Alpha One programme, in percent and in dollars. The drawdown type matters more than the target, so it is named on every row.
Challenge profit target
10.0%
$20,000
Max overall drawdown
6.0%
$12,000
Max daily loss
4.0%
$8,000
Min trading days
1
Challenge
Challenge phase, on a $200,000 account.
| Phase | Profit target | Max drawdown | Drawdown type | Max daily loss | Min trading days |
|---|---|---|---|---|---|
| Challenge | 10.0% | 6.0% | Trailing | 4.0% | 1 |
Percentages are measured against the initial account balance, as the firm publishes them. A profit target of "None" means the phase has no target.
The most common sizes traders run on this programme. Percentages are what the firm writes; dollars are what you actually have to manage.
Account size
$200,000
| Phase | Profit target | Max drawdown | Max daily loss |
|---|---|---|---|
| Challenge | $20,000 | $12,000 | $8,000 |
Account size
$100,000
| Phase | Profit target | Max drawdown | Max daily loss |
|---|---|---|---|
| Challenge | $10,000 | $6,000 | $4,000 |
Account size
$50,000
| Phase | Profit target | Max drawdown | Max daily loss |
|---|---|---|---|
| Challenge | $5,000 | $3,000 | $2,000 |
Daily loss basis
Higher of day-start balance or equity
The basis decides when the limit resets and what counts against it. Two firms with the same percentage can leave you very different room.
Challenge — extra rule
Drawdown trails the high-water mark, then locks once balance reaches initial capital plus the drawdown allowance.
Static drawdown
The floor is fixed below your starting balance and never moves.
$200,000 − $12,000 = $188,000
Every dollar of profit becomes buffer. Reach $212,000 and you can lose 12.0% before the breach.
Trailing drawdown
The floor follows your highest balance upward, and never comes back down.
peak − $12,000 = floor
Your room stays $12,000 no matter how well you trade. Profit buys no buffer at all.
The cost, in one paragraph
On a static account, a good week widens your margin for error. On a trailing account it does not.
You go up $12,000 and the floor goes up $12,000. Giving that back is a breach, at a balance above your start. End-of-day trailing is gentler. It recalculates overnight from the highest prior-day balance, so an intraday spike is ignored. Intraday trailing counts the peak the moment it happens, unrealised profit included.
This programme trails, so size down as the balance climbs. The distance to the floor is the number to watch, never the profit.
Challenge Pilote is a tracking and risk-management tool. It gives no investment advice, no buy or sell signals, and no guarantee of success. Trading carries significant risk of loss. You remain solely responsible for your decisions.