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.
Daily Loss Limit Overview
Account Size | Daily Loss Limit | Daily Loss Amount |
$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 |
$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.
Example 1 – Floating Profit at 5:00 PM EST
$100K Account
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.
$105,000 − $4,000 = $101,000
Your equity cannot drop below $101,000 during the next trading day.
Example 2 – Floating Loss at 5:00 PM EST
$100K Account
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.
$100,000 − $4,000 = $96,000
Your equity cannot drop below $96,000 during the next trading day.
Example 3 – No Open Trades at 5:00 PM EST
$100K Account
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.
$105,000 − $4,000 = $101,000
Your equity cannot drop below $101,000 during the next trading day.
What Counts Toward the Daily Loss Limit?
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
Rule | Purpose |
Daily Loss Limit | Controls how much can be lost in one trading day |
Maximum Loss Limit | 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.Limit and the Maximum Loss Limit.