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How do you calculate the Daily Loss Limit?

The daily loss limit is the maximum amount of loss that can be incurred on your account in a single day. The daily loss limit is calculated based on the previous day's balance, which is recorded dail…

Youtrade
Updated by Youtrade

The daily loss limit is the maximum amount of loss that can be incurred on your account in a single day. The daily loss limit is calculated based on the previous day's balance, which is recorded daily at 02:00 a.m. Astana time (GMT+5), which corresponds to 17:00 a.m. Eastern Time (EST). The daily stop limit increases as your account balance increases. Example: If your balance at the end of the previous day (at 02:00 a.m. Astana time) is \$100,000, your account will violate the daily loss limit if your capital drops to \$95,000 during the current day. If your floating capital is +\$5,000 on an account of \$100,000, then the next day after 02:00, the daily loss limit will still be calculated from \$100,000, resulting in a loss of \$95,000.

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