> ## Documentation Index
> Fetch the complete documentation index at: https://docs.ownit.xyz/llms.txt
> Use this file to discover all available pages before exploring further.

# Account summary

> The numbers that describe the account: equity, target, and breach on the top bar, and the margin panel beside the Prop rules.

Two places on the trading terminal describe the account: the bar across the top, and the Account summary panel next to the Prop rules.

### Equity, target, breach

* **Equity:** balance plus the unrealized P\&L of open positions. It moves with every mark price tick, not only when a trade closes, and both loss limits are checked against it.
* **Target:** how far equity is from the profit target, 10% above the starting balance.
* **Breach:** how far equity is from the nearer loss floor, in dollars.

Two distances matter: how far equity is from a breach, and how far it is from the target. Size a position by what it can do to equity; when sizing a position, it is a good habit to consider its potential impact on equity relative to profit target and loss limits.

### Account summary panel

![OWNIT trading terminal with Account Summary highlighted: margin ratio, equity, balance, unrealized P\&L, maintenance margin, and account leverage.](https://mintcdn.com/ftmo/Zii85PCVhlLhx5dL/images/account-summary.webp?fit=max\&auto=format\&n=Zii85PCVhlLhx5dL\&q=85\&s=2547b929f29d786fb67ad4a5e2f5ad01)

Each value and its definition:

* **Margin ratio:** maintenance margin ÷ equity. At 100%, positions liquidate.
* **Balance:** closed trades only.
* **Unrealized P\&L:** open positions, before closing fees.
* **Net P\&L:** after opening fees, closing fees, and funding.
* **Maintenance margin:** collateral needed to keep positions open.
* **Account leverage:** total notional ÷ equity.

> [card] [Rulebook](https://docs.ownit.xyz/resources/rulebook.md)
>
> How max loss, max daily loss, and profit target are measured, with a \$100,000 example.


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