Skip to main content

BrightCore: when does my Max Loss Limit lock?

When and where the floor stops trailing in SIM Funded on BrightCore, with examples.

In SIM Funded, your floor stops trailing for good at a moment called the lock. On BrightCore, it locks when your first payout is approved, at your starting balance + $100. In the Evaluation the Max Loss Limit never locks.


Where it locks

Size

Starting balance

Locked floor

$25K

$25,000

$25,100

$50K

$50,000

$50,100

$100K

$100,000

$100,100

$150K

$150,000

$150,100

After the lock, the floor never moves again. If your equity touches the locked floor, even for a moment, the account is breached.


The lock when your first payout is approved

Before your first approved payout, your floor keeps trailing your highest daily close. When the payout is approved, the floor locks at start + $100 even if it had trailed higher. This gives you more room, on purpose.

Example: $50K BrightCore

  • Your highest daily close is $55,000, so your floor is $53,000.

  • Your first payout is approved.

  • šŸ‘‰ The floor drops to $50,100 and stays there. You have more room than before.


Reading your dashboard

Current on your dashboard is equity minus highest point. It is $0 or a negative number. Your account breaches when Current reaches the full Max Loss Limit amount, for example āˆ’$2,000 on a $50K account.

Term

Meaning

Floor

Highest point minus the Max Loss Limit. Touching it is a breach

Highest point

Your highest daily close

Equity

Balance plus open profit or loss

Lock

The moment the floor stops trailing for good, at start + $100


Frequently asked questions

Does the floor lock in the Evaluation?

No. It keeps trailing until you pass or breach.
​

When does my floor lock in SIM Funded?

When your first payout is approved, at your starting balance + $100.
​

Why did my floor go down?

Because it locked at your first approved payout, at start + $100, even if it had trailed higher. It is on purpose.
​

Can the locked floor move?

No. After the lock, it never moves again.
​

What happens if my equity touches the locked floor?

The account is breached, even if it is only for a moment. Read Why was my account breached?


Where to go next

  • BrightCore: Max Loss Limit explained

  • BrightCore: how do payouts work?

  • Why was my account breached?

  • Looking for BrightPlus? Read BrightPlus: when does my Max Loss Limit lock?


​

Did this answer your question?