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Prop firm daily loss: understanding balance, equity and open exposure

A prop firm's daily loss rule may include floating equity, reset time and fees, not only closed profit or loss.

Read the exact rulebook

Each firm defines a reference balance, timezone, reset time, balance or equity calculation and treatment of fees and open trades. Keep the current official rules available before trading; programs are not interchangeable.

Journal review checklist

A risk dashboard should flag plausible adverse scenarios without guaranteeing protection from every rule breach. Each firm defines a reference balance, timezone, reset time, balance or equity calculation and treatment of fees and open trades. Keep the current official rules available before trading; programs are not interchangeable.

What to avoid

A risk dashboard should flag plausible adverse scenarios without guaranteeing protection from every rule breach. A prop firm's daily loss rule may include floating equity, reset time and fees, not only closed profit or loss.

Explore Disciply

Compare your journal data, read the Blog guides and explore the available tools at https://disciply.it/trading-tools/.