Daily Loss — the daily limit
A floor rebuilt every day from that morning's equity
The prop rulesIntermediate
At the start of each day — around 01:00 UTC — the engine snapshots your equity and builds that day's floor from it: the snapshot minus your plan's daily-loss percentage of that same snapshot. If your equity touches that floor or goes below it during the day, the account breaches.
The thing to hold on to is that the base moves every day: tomorrow's snapshot is taken afresh and the budget is built from the new equity, not from the funded size. Withdrawn and pending profit are added back, so a payout cannot sidestep the calculation.