The Maximum Total Loss is the overall amount a trader can lose on their account.
In the $500,000 FundWay HFT One Step Plan, the maximum total loss allowed on your account is 12%. For example, using a $500,000 account: the maximum total loss is 12% of your initial balance, which equals $60,000. Your account equity, including unrealized/floating positions, must not drop below $440,000.