FPT Scale accounts have no daily loss limit — not on the $25k, not on the $50k, not on the $100k. A single day's loss cannot breach your account on its own.
The only loss constraint is the account's maximum loss, enforced as an end-of-day trailing floor: $1,000, $2,000 and $3,000 respectively. If your account value stays above that floor, the day ends and you keep trading.
What a Daily Loss Limit Normally Does
In evaluation programs built around continuously traded instruments, a daily loss limit is a session-level stop. It exists because those instruments trade all day, every day, and a trader who is losing can keep clicking. The daily limit forces a break.
Prediction markets do not behave that way, and importing the rule would have penalised exactly the behaviour FPT wants to measure.
Why It Does Not Fit Prediction Markets
Event markets move in steps, not in a stream. A contract on a scheduled outcome can sit still for hours and then reprice violently the moment a result, a headline or a data release lands. A trader holding a well-sized position through a scheduled event is not being reckless; they are doing the thing the market exists for. A daily limit would stop them out for taking the risk the instrument is built around.
Positions are often held to resolution. Prediction-market positions frequently have a natural end date rather than a natural exit price. Marking a trader out at a fixed daily loss would force the closure of positions that were always intended to be carried, converting a mark-to-market wobble into a permanent loss.
A day is an arbitrary boundary for a multi-day event. A market that resolves in nine days does not care where the calendar day break falls. Applying a hard stop at that boundary measures the calendar, not the trader.
The rule can be gamed into worse behaviour. Where a daily limit exists, traders learn to close a losing position minutes before the cutoff and reopen it afterward, which adds cost and noise without reducing risk. FPT would rather measure the position than the workaround.
What Constrains Risk Instead
Removing the daily limit does not remove risk control. Three other rules do that work, and they do it in a way that suits event markets.
| Control | What it does |
|---|---|
| Maximum loss | A hard floor on account value: $1,000 / $2,000 / $3,000 below the trailing high |
| EOD trailing drawdown | Moves the floor up as you profit, and locks it at $25,100 / $50,100 / $100,100 |
| Max open size | Caps a single position at $1,000 / $2,000 / $3,000, or 5% of the market's trailing 24-hour volume, whichever is lower |
| 40% consistency | Prevents a single day from producing the bulk of the counted profit |
Together these bound the size of any one bet, the size of the total loss, and the concentration of the result. That is a complete risk framework without a session stop.
What This Means for You in Practice
Your whole loss budget is available at once. On the $50k account nothing prevents you from losing all $2,000 in a single afternoon and ending the evaluation there. There is no system-enforced pause on the way down.
You should set your own daily stop. The absence of a rule is not an invitation. Most traders who pass do so with a self-imposed limit — a fixed dollar figure or a fixed number of losing positions — and they honour it because nothing else will.
Size against the floor, not against the day. The relevant question before entering is not "how much can I lose today", but "if this position moves against me by the amount this market plausibly moves, where does that leave my account value relative to my floor". See Maximum Loss.
Early profit tightens the floor. Because the drawdown trails on end-of-day balances, a good day raises your floor and reduces the distance to it from your new balance. Read EOD Trailing Drawdown before assuming a profitable week has bought you room.
Worked Example — $25k Scale
The floor starts at $24,000, $1,000 below the starting balance.
- The trader loses $650 across the morning. Account value is $24,350. No daily limit is triggered; trading continues.
- The trader recovers $300 in the afternoon and ends the day at $24,650. No breach, no penalty. The day was a losing day and simply does not count toward the five profitable days.
- The next morning the trader loses a further $700. Account value touches $23,950, below the $24,000 floor. The account is breached — not because of the day, but because of the cumulative floor.
The total loss over two days was $1,050, which is more than the $1,000 maximum. That is the only line that matters.
Does the Funded Stage Add One?
Funded accounts have their own rule set. Check Funded Account Rules and Breaches During the Funded Stage rather than assuming the evaluation rules carry over unchanged.
Still Need Help?
If your dashboard shows a daily loss figure you do not recognise as a limit, it is almost certainly a running statistic rather than a rule. Email support@fundedpredictiontrader.com if it is not clear which.