Figures reflect a common TakeProfit Trader account at the time of writing. Firms revise rules often, so verify against the TakeProfit Trader site before relying on them.
Merlin's gauges derive from closed trades. Your firm watches live equity including open positions.
MerlinTrade is independent trading-journal software and is not affiliated with, endorsed by, or sponsored by TakeProfit Trader. All trademarks belong to their owners.
How to pass without breaching
- →Keep single-day losses well under $1,100: the daily limit ends the day, not just the trade.
- →The end-of-day trail rewards locking profit before the close; an intraday give-back still costs you tomorrow's buffer.
- →Plan for at least 5 trading days; small green days both satisfy the minimum and smooth your equity curve.
Check your exact distance to breach
Drop your balance, peak and limit into the free calculator, preset to the TakeProfit Trader numbers. No signup.
Open the TakeProfit Trader drawdown calculator →TakeProfit Trader FAQ
What is the TakeProfit Trader daily loss limit?+
On the 50K account the daily loss limit is $1,100 of realised loss; reaching it ends your trading day.
Is the TakeProfit drawdown trailing or static?+
It is an end-of-day trailing drawdown of $2,000 on the 50K: the floor moves up at each daily close as your equity rises.
Track your TakeProfit Trader rules from your trades.
Import your trades and Merlin computes your distance to every limit from your closed trades, and the Pre-Trade Check flags the trade that breaks your rules before you take it.
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