Account size5% / 10% learning model
- Daily loss allowance · 5%
- 5,000 USD
- Total loss allowance · 10%
- 10,000 USD
- Total equity floor · 90%
- 90,000 USD
Allowances use the initial capital; the total equity floor is fixed. This is a learning model. Futures prop accounts require their own rules.
Exercise 1 of 5Learning example
What already counts towards the daily limit?
- Day-start balance
- 100,000 USD
- Gross result on closed trades
- −1,500 USD
- Gross result on open positions
- −800 USD
- Costs to deduct separately
- 200 USD
Assumptions for this exercise
- The learning model starts with 100,000 USD. The daily loss allowance is 5% (5,000 USD), and the total loss limit is 10% (10,000 USD).
- The day began with a balance of 100,000 USD. The gross results on closed trades and open positions exclude costs. Deduct the combined costs of 200 USD once.
- This is a snapshot of the account. Equity includes the balance and the result on open positions after costs.