The maximum daily loss is the amount that a trader is allowed to lose every day. For the purposes of this rule, a higher value between equity and balance sheet will be used. This rule is set at 5% for a 2-stage and 4% for a 1-stage challenge of the starting capital or balance each day. The rule states that the capital of the day, which is the result of the current floating PnL (profit and loss) in total with all closed positions on that day, should not reach the maximum daily loss limit.
The daily maximum loss is reset at 00:00 every day.
Maximum daily loss limit
1 min. readlast update: 11.30.2024