I was wondering what you guys have seen or had imposed on you (I'm fishing for ideas) on how traders are managed in a prop house.

Ie. Don't draw down more than 2% in a day, or trading is suspended for the rest of the day. Don't draw down more than 10% in a month, or trading is suspended for the month.

I employ various forms of the above as well as watching the equity curve of the individuals to try to catch drawdowns a little earlier.

I was wondering what you guys have seen out there.

-LM-