Daily Drawdown is the maximum amount your account balance is allowed to fall within a single trading day. It is a soft breach and closes out all the open positions on a trading account. You can resume your trading the next day.
Account Size | Daily Drawdown |
$25,000 | $500 |
$50,000 | $1,250 |
$100,000 | $2,500 |
$150,000 | $3,750 |