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LucidDaily Daily Loss Limit

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Written by AJ

Customization

Depending on what option you choose at checkout, you may or may not have a Daily Loss Limit for your LucidDaily accounts.

  • If you chose DLL ON then you will have a fixed DLL on both your LucidDaily evaluation and funded accounts

  • If you chose DLL OFF then you will not have a DLL on either your LucidDaily evaluation or funded accounts

So, depending on your option you either have a DLL on both phases, or none in either phase.

Daily Loss Limit

The Daily Loss Limit (DLL) is the maximum amount a trader can lose in a single day before trading is restricted until the next session. All DLLs at Lucid Trading are considered soft breaches, meaning you do not lose your account for hitting DLL as long as the Max Loss Limit (MLL) has not been reached.

LucidDaily Evaluation Account DLL

LucidDaily Evaluation accounts use a Fixed DLL that does not change over time.

Account Size

Fixed DLL Amount

$25,000

$600

$50,000

$1,200

$100,000

$1,800

$150,000

$2,700

If you reach the DLL listed for your account size, you will be restricted from placing additional trades until the next trading session, provided your account has not been liquidated.

LucidDaily Funded Account DLL

LucidDaily Funded accounts use the same Fixed DLL values used in the evaluation.

Account Size

Fixed DLL Amount

$25,000

$600

$50,000

$1,200

$100,000

$1,800

$150,000

$2,700

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