Tool
Daily loss calculator.
The daily loss line is your day’s starting balance minus the daily loss limit — measured on equity, so floating losses count and you can cross it without closing a trade. Enter your numbers to see today’s line and your room.
Some firms base the % on your initial account size rather than the day’s balance, and reset times vary — check your agreement.
Estimate only. Measured on equity, so open-trade losses count. Your firm's agreement is the only authority.
The formula
Today’s line = starting balance − (starting balance × daily loss %). Room = current equity − today’s line. It resets each day.
Worked example
You open the day at $103,000 with a 5% daily loss limit ($5,150), so today’s line is $97,850. If equity falls to $99,000 you have $1,150 of room; touch $97,850 and most firms breach the account.
More on this rule: maximum daily loss, explained, the glossary definition, or the trailing drawdown calculator.
Frequently asked
How is the daily loss limit calculated?+
Multiply your day's starting balance by the daily loss percentage to get the daily loss amount, then subtract it from the starting balance to get today's line. Some firms base the % on your initial account size instead — confirm in your account agreement.
Does the daily loss limit count floating losses?+
On most firms, yes — it is measured on equity, so unrealised losses on open trades count in real time and you can breach without closing anything.
When does the daily loss reset?+
Usually once per day at a fixed server time set by the firm (often a set timezone's midnight), not your local clock. The reference point is recalculated at the reset.
Have Chartping watch this line for you.
Set a daily-loss threshold once and get an early warning as your equity approaches it — read-only, on every account. Alerts are best-effort.