Traders are obliged to adhere to both the Today's Permitted Loss Limit and the Maximum Permitted Loss Limit as stipulated on the FundedNext dashboard.
Today's Permitted Loss:
Today's Permitted Loss Limit provides traders with a dynamic view of their allowable losses for a specific day, subject to continuous updates based on the profit or loss incurred during that trading day.
It is imperative to recognize that the Today's Permitted Loss Limit undergoes a daily reset, occurring precisely at midnight, synchronized with the server time. However, it is crucial to adhere to both the daily loss limit and overall loss limit, ensuring that the Today's Permitted Loss Limit does not exceed the Maximum Permitted Loss Limit at any given time.
Maximum Permitted Loss:
The Maximum Permitted Loss Limit reveals the permissible losses within the entirety of a trading cycle, continually adapting based on the trader's accumulated profit or loss throughout the course of the trading cycle.