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How is the daily loss limit calculated?

The Daily Drawdown Loss represents the maximum amount you can lose in a single day, calculated as a percentage of your starting balance. This amount is deducted from the previous day’s end-of-day balance to identify a daily loss limit. If your equity falls to the daily stop limit, your account will be disqualified. The daily loss limit resets at 11 PM CET each day. For example, if you trade an account with a $100,000 starting balance, and the Max Daily Loss is 5%, then if within the first day your equity reaches $95,000, your account is disqualified. If you, however, close your first day with profit of $3,000 and your closing balance is $103,000, your next day`s daily limit is $97,000.

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