Daily drawdown is calculated by 4% of your initial balance of your account.
It is then calculated of the starting balance of each new day during market rollover (00:00 Server Time)
Example scenerio: If a user’s starting balance at the start of the new day (00:00 Server Time) is $103,000, but their equity is $100,000, then the user’s daily stop-out level is $99,000 within the same day until the simulated equity resets with the user’s new registered balance at market rollover again.
To better understand your limits, always follow your account loss analysis, which is located in the top right corner of your dashboard.
In the example above, the Entry level of the day was 100 311,88 US$, so the Loss level is being set to 96 311,88 US$.
Loss level represents the amount that you can not exceed either with your balance or equity.