# Read the actual loss rule

Use this record with the worked examples first. For personal use, keep private financial details in your own secure records; the blank file does not need account numbers or credentials.

| Record field | Your observation |
|---|---|
| Provider / exact product / terms date |  |
| Simulated or live stage |  |
| Starting / current balance |  |
| Current high-water reference |  |
| Floor formula and update time |  |
| Current equity / fees already included? |  |
| Withdrawal effect |  |
| Cushion above floor / personal buffer |  |
| Restrictions and close time |  |
| Total program spending |  |

### Calculate Harbor's fictional floor

For Harbor, begin the high-water record at $50,000. At each day end, retain the larger of that record and the new closing balance. Subtract $2,000 from the retained high, then use $50,000 if that result is higher than the cap. That gives the next floor. Between updates, compare equity with the existing floor; equity at or below it breaches. A later recovery does not undo the breach.

For example, a $50,600 high-water record gives a $48,600 floor. A later $50,200 close leaves both references unchanged. Equity of $48,700 is still $100 above the floor, while $48,600 touches it and fails. Deduct charged costs only if they are not already included in the displayed equity. This manual check tests Harbor's invented definitions; a different contract needs its own formula.

### Would the account survive this sequence?

At a $50,200 balance and $48,600 floor, Harbor's cushion is $1,600. If a proposed position could lose $1,500 before fees, only $100 of nominal room remains. That is not a sensible interpretation of a $50,000 headline account as a $50,000 risk budget.

Now change only the rule: suppose a different fictional provider trails intraday equity highs. Harbor's end-of-day worksheet no longer validates that account. You need intraday high-water records and the new formula.

Before purchasing an attempt, explain the route from fee payment to an actual permitted payout in your own words. If a transition is unclear, resolve it from the current terms rather than treating the most favorable interpretation as established.