Accounts and rules
The max loss, explained
A static floor under the account, set from the starting balance. Touch it and the account ends.
1 min readUpdated Published
Every Graybook account has a static max loss: 5% of the starting balance on an Evaluation, 4% on a Rapid. Static means the floor is set once, from the starting balance, and doesn't move up as you make profit.
The floor at each size
| Size | Evaluation floor (5%) | Rapid floor (4%) |
|---|---|---|
| $1,000 | $950 | $960 |
| $10,000 | $9,500 | $9,600 |
| $25,000 | $23,750 | $24,000 |
| $100,000 | $95,000 | $96,000 |
How the floor is measured
The floor counts your balance including open positions. If the account touches it, the account ends; the fee is not refunded, and you can buy a new account.
The daily limit on Evaluations
Evaluations also carry a 10% trailing daily max loss. Rapid accounts have no daily limit at all.
Why stops can overshoot
Read next
- Evaluation account rulesA 10% profit target, a 5% static max loss, a 10% trailing daily max loss, a 2-day minimum, and no consistency rule.1 min read · Accounts and rules
- Rapid account rulesFunded from day one with one rule: a 4% static max loss. No target, no daily limit, no minimum days.1 min read · Accounts and rules
- Trading hours and re-anchoringGraybook trades 24/7. When an underlying market reopens, its perpetual snaps back to the official price.1 min read · Trading