Betfair Player Protection Loss Limits

[rhodaewart]

All

Are the loss limits under Betfair's Player Protection settings, fixed or trailing, limits?

For example, if my opening balance is $1,000 and I set a daily loss limit of $100. Which of the following scenarios is correct?

1. My limit is reached if my bankroll falls to $900.

2. Or beforehand, by means of successful trading within my loss limit, my bankroll increases to $1,400. Therefore, my loss limit changes to $1,300.

To use a trading analogy is the loss limit a fixed or trailing stop? I hope someone can advise me before I place my Betfair Player Protection limits.

Thanks.

[spreadbetting]

It's regardless of your balance so 1, if you increased your bank to $1400, in a day, going back down to $1300 is not a daily loss, obviously the next day starts at $1300 so would kick in at $1200 not $900