fw monitor (both -e and -F) does not have any built-in abilities to limit the file size of the capture, nor can it automatically rotate the capture files as the capture is running to keep them from getting too large. It can set a "dead man's switch" limit of total packets to capture before terminating itself with the -ci and -co options. Also a fw monitor -e capture will not survive a policy installation on the gateway (but fw monitor -F will). So fw monitor is probably not the tool you should use here.
On the other hand tcpdump does have the ability to automatically rotate & limit log files for running captures (-C and -G flags) and cppcap also picked up this ability in R81 via the -w and -W flags. These tools will also survive a policy installation while executing a long-running capture, but I'd advise capturing only on a single interface and use an extremely specific filter if possible.
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