Does Take Profit Trader Have a Daily Loss Limit?
The Simple Answer
No. TakeProfitTrader does not use a daily loss limit on any account. Its Test accounts have exactly six rules and its PRO accounts six more, and a daily loss limit is not among them. The only loss rule is the maximum trailing drawdown, which is end-of-day on Test accounts and intraday on PRO accounts.
Below is a breakdown of how the Take Profit Trader daily loss limit applies across every account type the firm offers.
Daily Loss Limit by Account Type
Breakdown by Account Type
Test accounts
On the Test account the drawdown is calculated only at the end of the trading day, not during open trades, which is the closest thing TakeProfitTrader has to daily breathing room. The figures are $1,500 on a 25K, $2,000 on a 50K, $2,500 on a 75K, $3,000 on a 100K and $4,500 on a 150K. In your dashboard, the Control Center, this appears as Minimum Account Balance.
How the trailing works on a Test account
TakeProfitTrader gives its own worked example. On a 25K with a $1,500 drawdown, the minimum account balance starts at $23,500. Earn $1,000 on day one and your end-of-day balance is $26,000, so the minimum moves to $24,500, still $1,500 behind your highest end-of-day balance. It keeps trailing until it reaches your original starting balance of $25,000, then stops and stays fixed.
PRO accounts change the drawdown to intraday
This is the shift that catches people out, and it matters more than a daily limit would. On a PRO account the trailing drawdown is calculated intraday from your peak balance, including unrealised gains. TakeProfitTrader example: on a $25,000 PRO account with a $1,500 drawdown, if unrealised profit reaches $1,000 your minimum balance rises to $24,500 in real time. Close for a $500 realised gain and your balance is $25,500, but the minimum stays at $24,500, leaving you only $1,000 of room. Your maximum drawdown in PRO equals the maximum drawdown from the test you passed.
What ends the account
On both account types, if your balance drops to the Minimum Account Balance at any time, through realised or unrealised losses, the account is immediately liquidated. There is no daily pause and no soft breach at TakeProfitTrader: the drawdown is the line, and touching it is final.
The other PRO rules worth knowing
Alongside the drawdown, PRO accounts require at least one traded day per calendar week, prohibit counter positions in the same or closely related products across Test, PRO and PRO+, require you to exit before any limit up or limit down level, and require you to be flat with no open orders one minute before, during and one minute after FOMC statements, Non-Farm Payroll and CPI, plus Crude Oil Inventories for crude and bond auctions for the 10-year note and 30-year bond.
Final Comments
Because there is no daily loss limit, the only number to watch is your Minimum Account Balance in the Control Center. On a PRO account watch it live rather than at the close, since unrealised profit moves it up in real time and it never comes back down.
A daily loss limit is the rule most traders breach first, usually on a day they were already losing. Know your number before the session starts, and check it against your own platform rather than assuming the firm will stop you in time.
Learn more details and compare prop firm discounts here: Propvator.com.
Compare rules, pricing and live discounts across every prop firm in one place.
FAQ
Does Take Profit Trader have a daily loss limit?
No. TakeProfitTrader does not use a daily loss limit on any account. Its Test accounts have exactly six rules and its PRO accounts six more, and a daily loss limit is not among them.
What is the daily loss limit on a Test 25K account?
No daily loss limit ($1,500 EOD trailing drawdown). On the Test account the drawdown is calculated only at the end of the trading day, not during open trades, which is the closest thing TakeProfitTrader has to daily breathing room. The figures are $1,500 on a 25K, $2,000 on a 50K, $2,500 on a 75K, $3,000 on a 100K and $4,500 on a 150K.
What is the daily loss limit on a Test 50K account?
No daily loss limit ($2,000 EOD trailing drawdown). TakeProfitTrader gives its own worked example. On a 25K with a $1,500 drawdown, the minimum account balance starts at $23,500.
What happens if I hit the Take Profit Trader daily loss limit?
Alongside the drawdown, PRO accounts require at least one traded day per calendar week, prohibit counter positions in the same or closely related products across Test, PRO and PRO+, require you to exit before any limit up or limit down level, and require you to be flat with no open orders one minute before, during and one minute after FOMC statements, Non-Farm Payroll and CPI, plus Crude Oil Inventories for crude and bond auctions for the 10-year note and 30-year bond.
How can I track my Take Profit Trader daily loss during the session?
Most futures platforms show realised and unrealised profit and loss live, and commissions usually count toward the limit. Set your own alert well before the number rather than trusting the platform to stop you at it.