Next to the daily and max drawdown, X-1-Step-DAILY has a few risk limits on your open trades. These are soft breaches: the trades involved are closed, but your account is not failed and you can keep trading.
Equity Shield
Limit | $5K | $10K | $25K | $50K | $100K |
Max floating loss on one symbol (2%) | $100 | $200 | $500 | $1,000 | $2,000 |
Max floating loss on all open trades (2.5%) | $125 | $250 | $625 | $1,250 | $2,500 |
If the open loss on one symbol reaches 2% of your starting balance, all trades on that symbol are closed.
If the open loss on all your trades together reaches 2.5% of your starting balance, all open trades are closed.
Equity Shield is a risk tool, not a stop loss. In fast markets, slippage can mean trades close beyond the limit. Always use your own stop loss.
Max open lots
Account size | Max open lots |
$5,000 | 1 |
$10,000 | 2 |
$25,000 | 5 |
$50,000 | 10 |
$100,000 | 20 |
This is the total lot size you can have open at the same time.
Stop loss required
Every trade must have a stop loss. Trades without a stop loss count as a soft breach.