2 Step Pro V2 Daily Loss Limit
The Daily Loss Limit, also known as the Daily Drawdown, defines the maximum amount your account may lose within a single trading day.
For 2 Step Pro V2 accounts, the Daily Loss Limit is 4% of the initial account balance across all account sizes.
| Account Size | Daily Loss Limit | Daily Loss Amount |
|---|---|---|
| $5,000 | 4% | $200 |
| $10,000 | 4% | $400 |
| $25,000 | 4% | $1,000 |
| $50,000 | 4% | $2,000 |
| $100,000 | 4% | $4,000 |
| $150,000 | 4% | $6,000 |
How to Calculate Your Daily Loss Limit
Every trader has a Daily Loss Limit.
- At 5:00 PM EST each day, the daily breach level is calculated by taking the higher value of your account balance, or account equity.
- Then, the fixed Daily Loss Limit amount is subtracted. For 2 Step Pro V2 accounts, this means:
Account Size Amount Subtracted $5K $200 $10K $400 $25K $1,000 $50K $2,000 $100K $4,000 $150K $6,000 - This creates the minimum equity level your account must stay above for the next trading day.
| Item | Amount |
|---|---|
| Initial Account Balance | $100,000 |
| Open Trade Floating Profit | $4,000 |
| Account Equity at 5:00 PM EST | $105,000 |
| Daily Loss Amount | $4,000 |
Since equity is higher than balance, the Daily Loss Limit is calculated from the account equity.
Your equity cannot drop below $101,000 during the next trading day.
| Item | Amount |
|---|---|
| Initial Account Balance | $100,000 |
| Open Trade Floating Loss | $1,000 |
| Account Equity at 5:00 PM EST | $99,000 |
| Account Balance at 5:00 PM EST | $100,000 |
| Daily Loss Amount | $4,000 |
Since the balance is higher than equity, the Daily Loss Limit is calculated from the account balance.
Your equity cannot drop below $96,000 during the next trading day.
| Item | Amount |
|---|---|
| Account Balance at 5:00 PM EST | $105,000 |
| Account Equity at 5:00 PM EST | $105,000 |
| Daily Loss Amount | $4,000 |
With no open trades, balance and equity are the same.
Your equity cannot drop below $101,000 during the next trading day.
The following are included:
- Closed losses
- Floating losses
- Commissions
- Swap or trading fees where applicable
Both balance and equity are monitored.
Daily Reset
The Daily Loss Limit resets each trading day at 5:00 PM EST.
At the reset:
- The higher of balance or equity is recorded
- The fixed Daily Loss Limit amount is subtracted
- A new breach level is created for the next trading day
Daily Loss Limit vs Maximum Loss Limit
Purpose: Controls how much can be lost in one trading day
Purpose: Controls the total maximum loss allowed on the account
Both rules apply at the same time.
A trader must stay within both the Daily Loss Limit and the Maximum Loss Limit.