If a trader's FundedNext Account is profitable but they exceed the Daily Loss Limit, they might still get 50% of their profits under these conditions:
All their FundedNext Account trades need a stop-loss.
They can't lose over 1% of their account size per trade.
It is important to meet both of these criteria. If you do, you will have a period of seven days following the violation to request a disbursement of 50% of the profits from your suspended FundedNext Account.
For instance, let's consider a scenario where you have successfully completed the challenge phase and have received a FundedNext account worth $100,000. Over the span of three days, you made a profit of $3,000 on day 1, $5,000 on day 2, and $4,000 on day 3. This brings your total profit to ($3,000 + $5,000 + $4,000) = $12,000, resulting in a current account balance of $112,000.
However, on day 4, you encountered a challenging trading day, incurred a loss of $5,000, and breached the rules of the Daily Loss Limit. So at this moment, your current account balance is $107,000.
Despite exceeding the daily loss limit, since you are still in profit with $7,000, FundedNext is pleased to offer you a 50% profit share if you meet the aforementioned criteria. Therefore, you will be eligible to receive a profit share of 50% of your $7,000 profit, totaling $3,500.
N.B.: Kindly note that this rule solely pertains to instances in which your account is breached as a result of exceeding the Daily Loss Limit. It does not hold relevance in the event of an account breach or suspension due to other activities.