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How does my Daily Permitted Loss work

At Moneta Funded, we use a specific logic for our Daily Permitted Loss to ensure responsible risk management.

Updated over a week ago

⚠️ Important Points

  • The Daily Loss Limit is calculated based on your Balance or Equity, whichever is higher, at the rollover snapshot.

  • A violation occurs if your Equity drops below the calculated Breach Level.

  • The Daily Permitted Loss resets every day at 10 PM UTC (rollover).

  • We do not recommend trading during the rollover period, as spreads may widen and volatility may increase.

  • Rollover Window: The Daily Permitted Loss always resets at 10 PM UTC (rollover). During this period, it is not recommended to trade.

How the Snapshot Works

At 10 PM UTC, our system takes a snapshot of your account and compares your Balance and Equity. While the Daily Loss Limit is calculated based on your Balance or Equity, whichever is higher, a violation occurs if your Equity drops below the calculated Breach Level.

Note: It is not recommended to trade during the rollover period due to market volatility and spread widening.


Scenario 1: Trade Open in Profit During Rollover

Example based on a $100,000 account with a 4% Daily Loss Limit = $4,000

At 10 PM UTC, the system takes a snapshot of your account while you have an open trade with floating profit.

  • Balance: $100,000
    (The trade is still open, so the Balance remains unchanged.)

  • Equity: $101,000
    (Balance + $1,000 floating profit)

The Calculation

The system uses the higher value, which is your Equity of $101,000, to calculate the Daily Loss Limit for the new trading day.

$101,000 - $4,000 = $97,000 Breach Level

The Rule

Your Equity cannot be lower than $97,000 for the new trading day.

What This Means

Since your Equity at rollover was $101,000, you have a $4,000 buffer from that snapshot level.

Because your Balance was still $100,000, this also means that the floating profit included in the snapshot affects the Breach Level. In practical terms, if your open trade moves enough against you and your Equity drops below $97,000, the account will be considered in breach.


Scenario 2: Trade Held in Loss During Rollover

Example based on a $100,000 account with a 4% Daily Loss Limit = $4,000.

At 10 PM UTC, the system takes a snapshot of your account while you are holding an open trade in loss.

  • Balance: $100,000

  • Equity: $99,000
    (Because you have a -$1,000 unrealized loss)

The Calculation

The system uses the higher value, which is your Balance of $100,000, to calculate the Daily Loss Limit for the new trading day.

$100,000 - $4,000 = $96,000 Breach Level

The Rule

Your Equity cannot be lower than $96,000 for the new trading day.

What This Means

Since your Equity at rollover was already $99,000, you now have a $3,000 buffer before reaching the Breach Level.

If further floating loss or closed loss causes your Equity to drop below $96,000, the account will be considered in breach.

Key Reminder

Although the Daily Loss Limit is calculated using the higher of your Balance or Equity at rollover, the actual violation is based on Equity falling below the Breach Level.

Because of this, traders should always monitor Equity, not just Balance, especially when holding open trades during rollover.

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