What is the daily loss limit?

Daily Loss Limit is the maximum amount a trader is allowed to lose in a day. For the Hola Prime Account, this limit is set at 3% of the previous day’s closing balance.
The trading rule stipulates that the loss on any day, which is the sum of current floating PnL and total PnL on closed trades, cannot exceed the Maximum Daily Loss Limit. The daily maximum loss is reset every day at  17:00 EST server time.

For more details check Trading Rules.