Option 1: trailing drawdown
A trailing drawdown follows the account's highest tracked point. Bulenox describes Option 1 as being tracked during the session, including open positions and commissions. When a new high is made, the threshold can rise. If profit is later given back, the threshold does not move back down.
A simple way to visualize the moving threshold is:
This formula explains movement, but it should not be used to replace the exact dashboard value or account-stage rules.
Option 2: end-of-day drawdown
End-of-day drawdown moves only after the trading day closes and uses realized results. During the session, the threshold remains fixed. That creates a different intraday experience from a threshold that can follow open-profit highs.
Option 2 is paired with its own contract structure and daily loss limits. Bulenox also describes the Qualification Option 2 model as a scaling plan, so maximum position capacity and the drawdown method should be evaluated together.
Daily loss limit is a separate boundary
The daily loss limit controls how much may be lost within a trading day. Bulenox describes the Option 2 daily limit as pausing trading for the day rather than automatically closing the account by itself. It is separate from the overall end-of-day drawdown threshold.
Drawdown amounts by account size
Qualification
| Size | Option 1 trailing | Option 2 EOD | Option 2 daily loss |
|---|---|---|---|
| $25K | $1,500 | $1,500 | $500 |
| $50K | $2,500 | $2,500 | $1,100 |
| $100K | $3,000 | $3,000 | $2,200 |
| $150K | $4,500 | $4,500 | $3,300 |
Fast Track and Momentum
| Size | Option 1 trailing | Option 2 EOD | Fast Track daily loss | Momentum daily loss |
|---|---|---|---|---|
| $25K | $1,000 | $1,000 | None listed | $600 |
| $50K | $2,250 | $2,250 | $1,200 | $1,200 |
| $100K | $4,000 | $4,000 | $2,500 | $2,500 |
| $150K | $5,500 | $5,500 | $3,300 | $3,300 |
Two $50K examples
Trailing example
A $50K Fast Track or Momentum account has a $2,250 drawdown amount. At a tracked high of $50,000, the illustrative threshold is $47,750. If the tracked high becomes $51,500, the same calculation produces $49,250. A later drop in balance does not pull the trailing threshold back down.
EOD example
With the same $2,250 drawdown amount under Option 2, the threshold stays fixed during the session. A realized gain can move it after the close. The $50K Option 2 daily loss limit is $1,200 for Fast Track and Momentum, so the daily boundary can be reached before the full $2,250 drawdown distance is used.
What about a “locked threshold”?
Traders sometimes use that phrase for the point where a trailing threshold stops advancing. Bulenox's public overview confirms that the selected risk model is locked for the life of the account, but it does not support one universal threshold-lock number for every path and stage. Use the threshold shown in your dashboard and the rules attached to that account instead of importing a lock formula from another product.