Daily drawdown is 5% of the starting equity or balance of the day (whichever is higher) based on the broker’s timezone (00:00 UTC+3 or 5:00pm EST). For example: If your starting equity is $105,000 but your starting balance is $102,000 then the daily drawdown will be based on your starting equity. 5% x $105,000 = $5,250 This is your daily drawdown limit.