What are my daily loss limits and what happens if I hit it? Follow
The daily loss limit is a rule in place to see how well you can manage your risk. We take this rule very seriously and if you hit your daily loss limit at any time during the evaluation, your account will be no longer eligible for funding.
It is important to note that the daily loss limit includes commissions which are $2.50 per side ($5 round trip all in). Therefore, it's important you calculate the commissions into your risk plan.
The daily loss limit are as follows:
$25,000 Account (Express or General)- $500
$50,000 Account (Express or General)- $1250
$100,000 Account (Express or General)- $2500
Daily loss limits are subject to change and will always be updated on SpeedupTrader.com
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