Cryptocurrency Q&A
What is the maximum daily loss limit?
What is the maximum daily loss limit?
InfinityVoyager
Sun Dec 08 2024
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5 answers
1016
I'm trying to understand the maximum amount of money that can be lost in a single day. Is there a specific limit set for daily losses?
5 answers
Valentina
Tue Dec 10 2024
The Maximum Loss Limit is a crucial concept in trading.
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ShintoSanctuary
Tue Dec 10 2024
It is also referred to as the MLL or trailing drawdown.
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Bianca
Tue Dec 10 2024
This limit represents a minimum account balance that adjusts based on the profits earned in the account.
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emma_carter_doctor
Tue Dec 10 2024
Its purpose is to assist traders in retaining their earnings.
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AmyDavis
Mon Dec 09 2024
By setting this limit, traders are encouraged to avoid giving too much of their profits back to the markets.
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