The DDL is the most you are allowed to lose in a single trading day.
Account size | Daily Loss Limit |
25K Prime | $600 |
50K Prime | $1,200 |
100K Prime | $1,800 |
150K Prime | $2,700 |
Your DDL is calculated from your last End of Day balance. Every day, your daily limit resets based on the balance your account closed with the previous trading day.
Example on the 50K Prime: if your account closed yesterday at $51,000, your DDL level for today is $49,800 ($51,000 minus $1,200). If your balance touches $49,800 today, your DDL is hit.