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Elite Daily – Max Loss Limit (MLL)

Updated over a week ago

Elite Daily – Max Loss Limit (MLL)

The Max Loss Limit (MLL) is the maximum total loss your account can sustain before it is permanently breached.

Unlike the Daily Loss Limit, the MLL is based on an End of Day (EOD) trailing drawdown model.


Max Loss Limit by Account Size

Evaluation Accounts

$25,000 Account: $1,000 (4.00%)
$50,000 Account: $2,000 (4.00%)
$100,000 Account: $3,000 (3.00%)


Funded Accounts

$25,000 Account: $1,000 (4.00%)
$50,000 Account: $2,000 (4.00%)
$100,000 Account: $2,500 (2.50%)


How the End of Day Trailing Drawdown Works

The MLL follows a trailing model, but it only adjusts at the end of each trading day.

This means:

  • It does NOT trail intraday

  • It updates after the trading session closes

  • It is based on your end of day balance

As your account grows, the drawdown level moves upward and locks in at your starting balance +$100 and does not continue to trail.
If your account declines, the drawdown does not move down.


Example – $50K Evaluation Account

Starting Balance: $50,000
MLL: $2,000

Initial breach level:
$50,000 – $2,000 = $48,000

If you close Day 1 at $52,000:

New trailing level:


$52,000 – $2,000 = $50,000

If on any future day your account closes at or below $50,000 → breach.


Example – $100K Funded Account

Starting Balance: $100,000
MLL: $2,500

Initial breach level:
$97,500

If you close the day at $108,000, your new breach level becomes $100,100 since the drawdown locks at the starting balance +$100.

If a future day closes at or below $100,100 → account is terminated.


Important Difference: DLL vs MLL

Rule

Intraday?

Based On

Result

Daily Loss Limit

Yes

Previous Day Close

Trading paused for the day

Max Loss Limit

No (EOD only)

End of Day Balance

Permanent breach


What Happens If You Hit the Max Loss Limit?

If your account closes at or below the MLL level:

  • The account is permanently breached

  • Trading access is removed

There are no warnings when the MLL is breached.

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