The moment it fails
Equity touches the trailing loss line, the account closes, and trading on it stops. It is checked every 30 seconds against live prices including open coins, so a failure can happen while you are asleep. There is no margin call and nothing is owed: the fee you paid remains the whole of your loss.
What happens at your next renewal
On a card subscription that is still active, the renewal buys a new challenge at the same size and the same monthly price. There is no separate reset or retake fee here, which is the main thing to understand: the renewal is the reset, and it costs what a month always costs. A challenge paid in SOL has no renewal to fall back on: a new attempt is a new payment at the same monthly price.
When to cancel instead
If you do not want another attempt, cancel from Manage Subscription in your dashboard before the renewal date. Cancelling takes effect at the end of the month already paid for, so a failed account still leaves you a live challenge for the remainder of that month if you want to use it.
Before you start the next one
The loss line is the only thing that failed you, so the only question worth asking is which position took equity there. On a memecoin account it is usually one position sized past what the pool could support, or a coin held through a fall because selling felt like admitting the trade was wrong. Neither is fixed by trading more.
What does not carry over
Nothing. A new challenge starts at the full account size with a fresh loss line, zero trading days, zero trades and no profit. Progress is not banked between attempts, and nothing from a failed account counts toward the next.
Questions people ask
Is there a reset fee?
No. The next monthly renewal opens a new challenge at the normal price.
Can I restart immediately?
A new challenge starts at your next renewal. Cancelling and resubscribing starts a fresh billing period.
Does a failed challenge affect a funded account I already have?
No. Accounts are independent.