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1 Step 2 Step Eval to Live | My Funded Futures Help Center Q: What happens if I hit the Daily Loss Limit (DLL) in my live account? A: Both plans implement a soft breach system for the Daily Loss Limit of $500, allowing for some flexibility in risk management while maintaining account safety Q: Is T1 trading allowed? A: T1 trading is allowed on the 1 Step or 2 Step evaluation phase
Daily Loss Limits Explained: Protect Your Account and Sanity A Daily Loss Limit establishes the maximum financial loss permitted within a single trading day Unlike maximum drawdown metrics that measure decline from peak account value or end-of-day (EOD) limits that assess closing balances, Daily Loss Limits track intraday performance from market open to close
MyFundedFutures Payout Rules Explained: How Trader Payouts Work All types of accounts have a top limit for losses, and if you pass this, your account could end For Starter accounts, there’s also a Daily Loss Limit (DLL) – a rule that stops the day’s trade if the loss limit hits
Rule Violations That End Evaluations | Funded Futures Family Help Center The Premiere Plan includes a Daily Loss Limit designed to encourage responsible intraday risk management This limit is based on the total realized and unrealized losses in a trading day Once the limit is reached, the account will be automatically placed into liquidation mode for the remainder of the trading day
What are MyFundedFutures rules and regulations? - Trading Funder This policy also covers withdrawal terms during the buffer zone phase and for deactivated accounts, ensuring account security and continued access to funds In this article, we will delve into MyFundedFutures’ rules, providing a comprehensive review of their evaluation criteria, funded accounts, payouts, and withdrawal processes
Understanding Evaluation Parameters at MFFU - My Funded Futures Help Center Daily Loss Limit: This parameter sets a cap on how much you can lose in a single trading day It's designed to prevent spiraling losses on particularly volatile days EOD (End of Day) Drawdown: This refers to the drawdown that is pegged to your positive account performance and is adjusted at the end of the trading day
My Funded Futures Eliminates Activation Fees and Daily Loss Limits In addition to the removal of activation fees, My Funded Futures introduces a significant policy change regarding daily loss limits All plans, with the exception of the Starter plan, will no longer impose a daily loss limit, allowing traders greater flexibility and control over their trading activities
MyFundedFutures: An In-Depth Review - Payouts, Rules, Guide, and Discount Live accounts have different rules, including static drawdowns, potentially customizable daily loss limits, and distinct payout agreements MyFundedFutures Account Options MFFUoffers a variety of account plans catering to different trading styles and goals: Starter:Aimed at beginners or those seeking a guided approach