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When does the daily drawdown reset?

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AI Doc Summarizer Doc Summary

The daily drawdown limit resets at the end of your trading platform day.

 

This means that your new trading day starts fresh with the daily drawdown limit recalculated based on your account balance at the close of the platform’s trading day.

 

Why is this important?

 

  • You get a clean slate each day, so your risk calculations reset at a fixed time.
  • If you’re near the drawdown limit, be aware of the reset to avoid unnecessary breaches.
  • Plan your trading strategy around the reset time to manage risk effectively.

 

This structure ensures that traders operate within clear, predictable risk parameters while keeping the focus on long-term consistency.  

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