Cryptocurrency Q&A
What if you lose money on a funded account?
What if you lose money on a funded account?
EchoSeeker
Wed Dec 11 2024
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7 answers
1653
I'm concerned about the possibility of losing money on a funded account. What should I do in such a situation? Are there any measures or strategies to minimize the loss?
7 answers
LucyStone
Fri Dec 13 2024
In the scenario where a trader experiences financial losses on a funded account, specific consequences arise.
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SeoulStyle
Fri Dec 13 2024
Traders are required to adhere to certain rules and regulations when operating with a funded account.
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Giuseppe
Fri Dec 13 2024
One crucial rule is the maximum drawdown limit, which sets a threshold for acceptable losses.
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JejuSunshineSoul
Thu Dec 12 2024
If a trader violates this rule by exceeding the maximum drawdown, they face penalties.
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Valentina
Thu Dec 12 2024
One penalty for violating the maximum drawdown rule is the loss of access to the funded account.
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