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What is the daily loss limit?

In your first evaluation account your net P&L cannot hit or exceed the daily loss limit at any point during the trading day. If at any time your Net P&L does exceed this amount for your account, you should request a review from a risk manager. Traders will only be notified if they have breached this rule if they request a manual review from our risk manager or you wait until your account is reviewed at a time when you believe you have passed a stage. It is therefore important that all traders keep track of their risk limits and notify the team if you feel you may have breached a rule and require a challenge reset. This ensures traders successfully completing the challenge have an understanding of risk management and are disciplined.

Categories: Membership, Trader Challenge
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