The Daily Lot Size Limit means you can only open a total of 10 lots per day. If you exceed this limit, any open trades will automatically be closed, and trading will be disabled until the next day. Trades held past midnight will count toward the next day's limit. The lot size counter resets daily at 00:00 CE(S)T.
IMPORTANT:
This rule only applies to the 1 Step Master Account.
This is not a hard breach, so the account will not be lost for exceeding the daily lot size limit.
Exceeding the 10 lot limit will result in the system closing all the trades and trading being disabled until the next day.
Examples:
Exceeding the Lot Limit with Closed Trades
Opening a 10-lot trade, closing it, and later opening another 10-lot trade, will exceed the 10-lot limit. All trades will be closed, and trading will be disabled until the lot counter resets at 00:00 CE(S)T.
Exceeding the Lot Limit with Open Trades
Opening a 10-lot trade, holding it, and later opening another 10-lot trade, will exceed the 10-lot limit. All trades will be closed, and trading will be disabled until the lot counter resets at 00:00 CE(S)T.
Holding a Trade Overnight
Holding a 10-lot trade overnight and opening an additional 0.01 lots the following day will exceed the 10-lot limit. All trades will be closed, and trading will be disabled until the lot counter resets at 00:00 CE(S)T.