Damilola Esebame is a trader and finance writer specializing in proprietary trading, funded account programmes, and risk management. He holds the NFEC Certified Financial Education Instructor (CFEI®) designation and combines real trading experience with an education-first approach, helping traders understand position sizing, equity-based risk controls, and the decision-making habits that influence long-term performance.
This article will cover what is drawdown in prop trading, how it differs between daily drawdown vs overall drawdown, drawdown types such as static and trailing ones, equity-based drawdown management, and how the evaluation programs of OneFunded incorporate drawdown limits for three types of challenges. One of the OneFunded traders participating in the $50,000 Core […]
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