FTMO trading journal

log.trading counts the daily and max loss by FTMO's rules: the daily one from the balance at 00:00 CE(S)T, the max one from the initial capital. You see how much is left before the limit — before you break it.

FTMO 2-Step rules

PhaseProfit targetDaily lossMax lossMin trading days
FTMO Challenge10%5%10%4
Verification5%5%10%4
FTMO Challenge
Profit target
10%
Daily loss
5%
Max loss
10%
Min trading days
4
Verification
Profit target
5%
Daily loss
5%
Max loss
10%
Min trading days
4

Source: ftmo.com — Trading Objectives · checked on 28 October 2026

How the daily loss works

The day's limit is the balance at 00:00 minus 5% of the initial capital. If a $100,000 account made $2,000 by midnight, the next day's limit is $97,000. Equity with open trades may not fall below it.

How the max loss works

The max loss is static: 90% of the initial capital. On a $100,000 account it is $90,000 — even when the balance has grown to $102,000, the limit doesn't move up.

How the journal tracks it

On a prop account's dashboard three meters update with every closed trade; the floating P/L of open positions shows next to them. Yellow appears after 60% of a limit is used, red after 80%.

FTMO 100k · Challengesynced
Daily lossCaution · 64%
3.20% of 5.00%$1,800 left
Max lossWithin limits · 12%
1.20% of 10.00%$8,800 left
Profit target20%
2.00% of 10.00%$8,000 to target
Open the drawdown calculator

Frequently asked questions

From the balance at the start of the day (00:00 CE(S)T). The limit is that balance minus 5% of the initial capital. FTMO counts open trades by the current equity.

Start your journal for freeConnect MT5 or cTrader — trades import on their own. No card.
Start for free

log.trading is not affiliated with FTMO and is not its partner. FTMO is a trademark of its owner. Rules can change: check the current terms on ftmo.com.

Trading CFDs and forex carries a high risk of losing money. This page is for information only and is not investment advice. Past results do not guarantee future ones.

Resources