SPX500USD: Reading a static drawdown floor on a live chartUS SPX 500OANDA:SPX500USDordanemarketsA drawdown floor can be static or trailing, and the difference changes how a chart should be read. A static floor is fixed once, at account start, and never moves upward as equity grows. Ordane sets that floor at 95 percent of the initial balance: equity may never fall below it, and it does not trail. A breach closes the account. On this native chart, the useful habit is marking one fixed reference at the start of the period under review, then comparing every later candle against that single line, never against a line that quietly moved. A trailing floor and a static floor produce different charts from the same price path. Confirm which kind governs the account before reading either one as a warning. Education only, not advice. All figures use simulated capital only; no deposits, no client money.