The maximum trailing drawdown is recalculated at the end of each trading day. As you achieve new highs in your account balance, your maximum trailing drawdown will adjust accordingly, always tracking your total profit throughout the trading process.
The daily loss limit is calculated on an intra-trade basis and is always a fixed amount each trading day.
Unrealized losses during the trading day will impact your account balance, and they will count toward the maximum trailing drawdown and the daily loss limit.
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