In the Funding Frontier 2-Step Challenge, the Maximum Daily Loss is set at 5% of your previous day’s ending balance.
For example, if your balance at the start of the day is $100,000, your daily loss limit is $5,000. This limit applies regardless of any profits or losses during the day. If your total losses (including both open and closed trades) exceed $5,000 at any time during the day, it will be a violation of the Daily Drawdown rule.
Daily Loss Limit = Previous Day’s Closing Balance × 5%
