Prop Firm Drawdown Tracker: Journal Plus Calculator, Not the Firm Dashboard

Prop-firm evaluations fail from rule breaches as often as from a bad strategy. A drawdown tracker here means two layers: the firm’s official numbers, and your own journal. TradeLogger provides the second layer plus a public calculator. It does not provide the first, and it does not replace the firm’s official dashboard. See passing prop firm evaluation rules with journals and the foundational guide to trading journals.

Can I use TradeLogger for prop firm challenges?

Use it to keep screenshots, R, setup names, and emotion labels consistent while you are in an evaluation. Use the calculator before a session to sanity-check headroom. Then open the firm's dashboard and copy the live remaining daily loss and max drawdown. If the two disagree, the firm wins.

What the product actually supports

• Screenshot logging of challenge trades from any broker UI.
• Tags for setup, session, and process mistakes.
• A free prop drawdown calculator for trailing drawdown and a daily-loss budget.
• Optional OANDA or cTrader account context when that is the account you actually trade.

What it does not support: automatic FTMO objective tracking, official profit-target percentages, consistency-rule engines, or payout eligibility. For those, use the evaluator's client area. The FTMO performance journal guide covers the daily checklist without inventing rule numbers.

A practical daily loop

1. Before the session, enter your current high-water mark and remaining daily-loss room into the prop drawdown calculator.
2. Trade only if the planned risk still fits that room.
3. After each close, log the screenshot and tags in the journal.
4. End of day, reconcile P&L and remaining limits against the official dashboard, not the calculator.