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User AvatarAlan Northam

Hi Petko,

Good question!  The max Daily loss is the max draw down during a trading session.  When the daily draw down was getting close to the Daily loss limit I quite trading for the day so I wouldn’t go pass the max loss amount.  On the next trading day the Daily loss is reset to zero so you again have a max daily drawdown limit of $500. Max Loss is the the max loss below the initial starting balance of the account.    Hope this helps!

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