With Model 3 you are opted to choose between Best Day rule or Profit cap, depending on which one suits your trading style the best.
Profit Cap explanation:
The daily maximum profit cap is a rule designed to promote steady, consistent trading to prevent restricted trading strategies, and its one of 2 consistency rules you can select from on Model 3 account.
It establishes a daily limit on the maximum profit you can achieve, calculated as a percentage of your initial account balance.
Example:
The Daily Profit Cap is set at 1.2% of your initial account balance. If your initial account balance is $100,000, your Daily Profit Cap is $1,200 (1.2% of $100,000). For instance, If your account balance at the start of the new day is $101,000, then the Daily Profit Cap level is set to $102.200.
If your profit exceeds 1.2 % within the trading day (trading day = 00:00 - 23:59 UTC+2), the balance will increase but the profit generated over the limit won't count towards the profit target or payout allowance.