The Daily Drawdown is initially calculated % of your initial balance of your account.
It is then recalculated based on the starting equity or balance of each new day, depending on which is higher, during the market rollover. You can track your daily loss very easily in your Account dashboard. You can ale see when the market rollover takes place.
For example, if your starting equity at the beginning of the new day is $103,000, but your balance is $100,000, your daily stop-out level is $98,000 (in case your DD is set to 5%) within the same day until the equity resets with your new registered balance at the market rollover.
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