Free Tool

Daily Loss Limit Calculator

Calculate your remaining daily risk budget. Know exactly how much more you can risk today without breaching your prop firm's daily loss limit.

Prop Firm
Account Parameters

Set to 0 if no daily limit

Today's Status

Positive = profit, negative = loss

Daily Budget OK

You have comfortable room to trade

$5,000

remaining of $5,000 daily limit

Used: $0 (0%)Limit: $5,000

Trades Remaining

5

at 1% risk ($1,000/trade)

Profit Cushion

$0

today's profit adds to your budget

Suggested Max Risk for Next Trade

Conservative

$1,250

25% of remaining

Moderate

$2,500

50% of remaining

Aggressive

$3,750

75% of remaining

Get real-time daily loss alerts

PropJournal monitors your daily loss limit in real-time and sends Telegram alerts at 70% and 90% of your limit. Never breach by accident.

How to Use This Daily Loss Limit Calculator

Select your prop firm, enter your account size, and input today's current PnL. The calculator instantly shows how much daily loss budget you have remaining and how many trades you can take at your current risk level.

Why Daily Loss Limits Matter

The daily loss limit is one of the most commonly breached prop firm rules. Many traders don't track it actively and only realize they're close when it's too late. By checking this calculator before each trade, you ensure you never accidentally exceed your daily risk budget.