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Daily Drawdown

Daily Drawdown (Daily Loss Limit) is the maximum amount you can lose in a single trading day. If your equity at any point of the trading day drops below this limit - account will be breached and failed.

How is it calculated?

  • Daily drawdown limit is calculated using your equity at the end of day. It resets daily at 00:00 UTC or after successful payout.

  • At 00:00 UTC, we check your equity and subtract % of the account equity from that value to set the Daily Drawdown Limit for the next trading day.

Example: For a fresh new $1,000 account with 3% daily drawdown, the daily drawdown limit is $30. If your account balance or equity drops below $970, your account will be breached.

After $100 profits in trading, your equity is $1,100. At 00:00 UTC, daily drawdown limit is recalculated ($1,100 * 3% = $33). If your account balance or equity drops below $1,067, your account will be breached.

After a $50 payout, your equity is $1,050 and daily drawdown limit is recalculated again ($1,050 * 3% = $31.5). If your account balance or equity drops below $1,018.5, your account will be breached.

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