2023-12-12
How do you calculate the 4% Daily Loss Limit?(2-Step Funding)
Think of the Daily Loss Limit as a safety net. It’s the most you can lose in one day. We set this limit based on your account balance from the day before, and we reset it every day at 5 PM EST.
Here’s a Simple Example:
Suppose you finished yesterday with $100,000 in your account (checked at 5 PM EST). Today, if your account drops to $96,000, that’s when the safety net comes in, stopping any more loss. And if during the day, your account goes up by $6,000 (making it
$106,000), don’t worry. Your safety net for the next day is still based on that $100,000 from yesterday. This means your loss limit remains at $96,000.
