The daily loss limit is calculated based on your account balance at the end of the previous day (5 PM EST). Here’s how it works:

1. End of Previous Day Balance:
   • Determine your account balance at the end of the previous day (5 PM EST).
2. Daily Loss Calculation:
   • Calculate 5% of this balance.
   • For example, if your account balance at the end of the previous day is $100,000, 5% of this is $5,000.
   • If your equity the next day drops below $95,000, you have exceeded the daily loss limit.
3. Start of the Day:
   • The beginning of the day is the zero hour of the broker.
   • This is indicated by a vertical line when the "Show Period Separator" option is activated in MetaTrader.

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