The max loss is the overall floor your equity may never cross. Crossing it ends the account immediately. How the floor is set depends on the program.

Static (2-Step)

floor = initial balance − 10% of initial balance

On a $100,000 account the floor is $90,000, forever. Profits do not raise it; a run of losses down to $90,001 is still allowed.

End-of-day trailing (1-Step)

floor = highest midnight balance − 10% of initial balance

The floor follows your best end-of-day balance upwards and never moves down.

• Start: floor $90,000.
• You end a day at $106,000. Floor rises to $96,000.
• You lose back to $100,000. The floor stays at $96,000.

Intraday trailing (Instant)

floor = highest balance after any closed trade − 10% of initial balance

The same idea, but it rises after every closed trade at a new high, not only at midnight.

Strategy implications

• With a static floor, early profits create a cushion. Many traders lock in a buffer before taking larger risks.
• With a trailing floor, profits do not create a cushion: the floor follows you. Keep risk steady; do not get looser because the balance is up.

Watching it live

The objectives panel shows the current max loss level and your headroom; the growth chart draws it in red.