Risking 1% of a nominal account balance can be too much when only a small loss allowance remains. Funded-account position sizing should begin with the distance to the applicable failure threshold, then account for daily limits, open exposure and execution costs.
A trailing stop can reduce the amount of an unrealized gain you give back, but its trigger is not a guaranteed execution price. Hyperliquid’s official documentation lists trailing stops for perpetual markets and explains that they follow the best mark price reached after activation. This matters when a chart’s last-traded price differs from the price used by the trigger.
A trading account can show a profit and still fail a payout review if the trading behavior conflicts with a firm's detailed policy. The most important prop firm rules are often buried outside the headline drawdown numbers. Before you start, read the account-specific agreement and build a checklist from the clauses that affect your strategy.
Understand how static, end-of-day, and intraday trailing drawdown models move the breach threshold—and why unrealized equity can matter as much as closed P&L.
Research a Tradeify247 offer by its exact account and written conditions rather than treating a third-party account menu as current.
