What Time Does Lucid Trading's Trading Day Reset?
Rules verified 2026-07-19 · official source
Lucid Trading's trading day resets at 5:00 PM (17:00) New York time, not your local midnight. That's when your daily-loss counter resets, your end-of-day drawdown mark is set and a new day starts for the trading-day count.
When the day flips
Lucid Trading runs its trading day on New York time, resetting at 5:00 PM (17:00). Because the boundary is tied to a fixed timezone, it follows that clock through daylight-saving changes — so relative to your own timezone the reset can shift by an hour twice a year. What never changes: it's Lucid Trading's clock that counts, not the one on your wall.
Any loss you take before the reset belongs to the OLD day and counts against that day's loss limit; the first trade after the reset starts a clean daily count.
Max loss is an END-OF-DAY trailing max-loss limit — it updates only at the 4:45 PM ET close, never off your intraday high — and stops trailing once you've earned the buffer (max loss + $100), locking $100 above your starting balance (Apex-style).
What the reset actually moves
A reset time sounds like trivia until it costs you an account. At Lucid Trading, 5:00 PM (17:00) New York is when your daily-loss counter zeroes for a fresh day; your end-of-day balance is stamped — the value the trailing max-loss line ratchets up from; the trading-day boundary is drawn for counting purposes (a day = at least one closed trade before the reset).
The end-of-day stamp is the one that surprises traders: on an end-of-day trailing line, closing a day at a new high permanently moves your max-loss line up behind you. Where you are when the clock strikes 5:00 PM (17:00) is the number that sticks.
| Rule | How the reset applies |
|---|---|
| Daily loss limit | Counter resets to $0 |
| Max-loss (drawdown) line | End-of-day balance stamped here; the trailing line can ratchet up |
| Trading-day count | New day for counting (no minimum in the eval) |
How traders actually breach it
The classic reset mistake: stacking losses late in the session, then taking "one more" that quietly rolls past the reset — you think you've reset the daily budget, but the loss landed on the old day and tipped it over the limit. Or the reverse: sizing up right after the reset because "it's a new day," forgetting the max-loss line doesn't reset with it.
TradersGuild tracks this rule live against your trade log and alerts you while there's still room — "you're $220 from the line" beats finding out from a breach email. Tracking is free for your first account.
Recent Lucid Trading rule changes
2026-07-14 — Drafted (verified:false — pending operator source-tap; Lucid's own help center is Cloudflare-blocked to our fetch): Lucid Trading LucidPro 50K — end-of-day trailing max-loss limit ($2,000) updated at the 4:45 PM ET close, locking at start+$100 once the buffer is earned; $3,000 target; no consistency rule on the evaluation. The daily loss (a soft breach) and the funded payout consistency are held off (gated) because sources conflict and the primary page couldn't be reached.
FAQ
What time does Lucid Trading's trading day reset?
At 5:00 PM (17:00) in the New York timezone — Lucid Trading's trading-day boundary, not your local midnight.
When does the Lucid Trading daily loss limit reset?
At 5:00 PM (17:00) New York time. Losses before the reset count against the old day; the first trade after it starts a fresh daily count.
Does the Lucid Trading trading day reset at my local midnight?
No. It resets at 5:00 PM (17:00) New York time regardless of where you trade from, and it follows that timezone's clock through daylight-saving shifts.
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