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What is MGD? Maximum Group Drawdown in one sitting

Why drawdown is counted across every account in your group at once

Prop trading rulesBeginner28 August 202612:0448.2k views

MGD is the drawdown measured across every account in your group at once, not per account. Open a position on one and the equity dip counts against all of them.

We work through a $50,000 challenge with three positions open, show exactly where the breach line sits at 4.9%, and finish with the pre-trade checklist we hand new funded traders.