Almost every failed challenge ends on one of two rules: the maximum daily loss or the maximum loss. They sound similar, but they measure different things and reset differently.
Maximum daily loss
The daily limit is measured from a reference taken at the start of each trading day (00:00 UTC): the higher of your balance or equity at that moment. Your equity — including open, floating losses — may not fall more than the daily percentage of your initial balance below that reference.
- Example: $100K account, 4% daily limit. You start the day with $102,000 balance and no open trades. Your equity may not drop below $98,000 at any moment today.
- Floating losses count. A trade that is -$4,000 open breaches the limit even if it would have recovered.
- The reference resets every day at 00:00 UTC.
Maximum loss
The maximum loss is the absolute floor of the account. On a static limit it never moves: 8% on a $100K account means equity may never go below $92,000. On a trailing limit it follows your highest equity upwards until it reaches the starting balance, then stops.
How to stay safe
- Always trade with a stop loss and size the position so the stop costs a fixed % of equity.
- Keep total open risk well below the daily limit — ideally under half of it.
- Check the live objectives panel in the platform: it shows exactly how much room is left today.