Maximum Daily Loss

Understand the idea

A daily loss limit defines a breach condition over a specified period. The calculation can include open positions and fees, and the reset time matters. A personal stop can be set more conservatively than a provider limit.

A decision to think through

Your balance is unchanged, but an open loss counts toward the daily limit. Looking only at closed trades can hide the remaining buffer.

Try it through free practice

Identify the calculation and reset timezone. Practise recognising a stop condition before another entry, including the option to end the session.

• Explain the evidence available before the outcome.
• Read the feedback and identify one change to your process.
• Revisit the decision later and check what you remember.

Your next free learning challenge

Play the free risk-sizing game. Make five decisions, read the explanation after each answer, and try to state the condition in your own words. First-time correct decisions earn skill XP; later reviews check what you remember. You can then apply the idea in a chart round and inspect the replay. All games, levels, written lessons, and feedback are free, with no signup or real money.