The Trading Combine® Step 2, Pro Account and Funded Account™ have a Weekly Loss Limit. The Weekly Loss Limit is the maximum amount you may lose at any point in a calendar week (Sunday at 5 PM CT through Friday at 3:10:00 PM CT).
The Weekly Loss Limit can be broken anytime during the trading week. For account specific calculations see the information below.
The Weekly Loss Limit is calculated on your net profit and loss for the week. It is not calculated on the sum of your losses for the week. For example, if you made $500 on day 1 and then lose $500 on day 2. Your weekly net profit and loss is $0, not -$500.
|Tip: The Weekly Loss Limit rule is eliminated once the Trailing Maximum Drawdown reaches the starting balance.|
Is this rule calculated at the end of day or intraday?
In Step 2 and Pro Account, this rule is calculated at the end of the day. So you can exceed this threshold intraday but by the end of the day your account must be above this limit to avoid the rule violation. You can keep track of the rule in relation to your account using your dashboard.
In the Funded Account® and Funded Premium Account®, this rule is calculated intraday, which means if the balance falls below the minimum account balance you will be pulled from your trades right away and the rule is considered broken. You can keep track of the rule in relation to your account using Weekly Net P&L on your dashboard.