For Evaluation, Express, and Stellar 2-Step:
Traders are allowed to lose 5% of their initial account balance on any given day as their Daily Loss. If your initial account balance is $100,000, then 5% of the amount is $5000. This means that your Daily Loss Limit will remain unchanged whether you make a profit or incur a loss. At any point in a day, if the (running + closed) loss exceeds $5000 it will be considered a Daily Loss rule violation.
For Stellar 1-Step:
Traders are allowed to lose 3% of their initial account balance on any given day as their Daily Loss in the Stellar 1-Step account. If your initial account balance is $100,000, then 3% of the amount is $3000. This means that your Daily Loss Limit will remain unchanged whether you make a profit or incur a loss. At any point during the day, if your total running and closed losses exceed $5,000, it will be considered a violation of the Daily Loss Limit.
For Stellar Lite:
In the Stellar Lite Account, traders are permitted to lose up to 4% of their initial account balance as their Daily Loss Limit. For instance, with an initial balance of $100,000, this equates to $4000. This means that your Daily Loss Limit will remain unchanged whether you make a profit or incur a loss. At any point during the day, if your total running and closed losses exceed this, it will be considered a violation of the Daily Loss Limit.
To get more information regarding how the Daily Loss Limit is calculated, kindly click here
Please refer to the image below for details about the Daily Loss: