Permitted Activities

Lucid Trading does not have any restrictions on trading news. However, we should point out that by trading news events you subject yourself to significant risks. News events are particularly volatile, and there is often slippage or sometimes even velocity logic events. The trader bears full responsibility for whatever happens while they are in a position during a news event.

There are no restrictions on scaling or DCAing into trades at Lucid. We believe that a trader knows how best to enter their position, and all execution methods are welcome on our platform. However, we strongly advise against martingaling as a long-term strategy. Martingaling is the act of simply adding to a move over and over with the hopes that by averaging into a loser you will eventually be able to close for profit.

While we do have some rules in place to discourage Microscalping, scalping as a general practice is allowed. Genuine scalping is a legitimate trading strategy and is welcome at Lucid Trading. Just keep in mind our Microscalping rules and make sure you are taking scalp trades in good faith.

Automated trading systems and trade copiers are permitted at Lucid Trading. However, the trader bears full responsibility for any errors or malfunctions that take place because of any automated trading system or trade copying software.

Flipping is the act of taking a single trade that is open and closed instantly for purposes of meeting the minimum trading days requirement. We do not restrict this activity at Lucid Trading.