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How does my Daily Permitted Loss work?
How does my Daily Permitted Loss work?
Updated over 11 months ago

The daily permitted loss is always 5% of the size of your Challenge.

Example: For a $100,000 Challenge Account, that means it's always $5,000 (5%).

⚠️Important Points:

  • The Daily Permitted Loss is Balance Based.

  • ​Daily permitted loss always reset between 11:30 PM CET and 11:59 PM CET (rollover). During this period it is not recommended to trade.

  • Between 11:30 PM CET and 11:59 PM CET we take your balance. (Rollover)

​Scenario With Trade Open during Rollover (Change of the day):

At 00:00 CET your balance is $100,000 and you have a trade open with $1,000 in profit.
​
​Balance: $100,000 (Still at $100,000 because the trade is not closed)
​Equity: $101,000 (Because you have a trade open with $1,000 in profit)
​
We take your Balance of $100,000 and you Daily Permitted Loss is $5,000 so your Balance or Equity can not be lower than $95,000.

​Scenario With Trade Closed during Rollover (Change of the day):

At 00:00 CET your balance is $101,000 because you close a trade with $1,000 in profit this day.
​
​Balance: $101,000 (because you close a trade with $1,000 in profit)
​Equity: $101,000
​
We take your balance of $101,000 and you Daily Permitted Loss is $5,000 so your Balance or Equity can not be lower than $96,000.

You can always check your "Today's breach level" in your dashboard.

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