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What are the risk management rules?
What are the risk management rules?
Updated over 3 months ago

Opening a position without a stop loss order will be considered a risk violation.

Risking more than 2% of the virtual balance of the simulation account on a single position will be considered a risk violation.

Traders have up to 3 minutes to protect their trade with a stop loss. If no stop loss is added within this time frame, the trade will be flagged as violation.

Even if the trade lasts less than 3 minutes, a stop loss is required; there are no exceptions to not having a stop loss in place.

Up to 2 violations are allowed, but positive results from these operations that violate risk management rules will not be counted.

Any account with 3 violations will be automatically terminated.

An “order”, “trade” or “position” refers to any position held in a specific asset. This may include one or multiple entries with similar timing and lot sizes. Multiple entries in the same asset, made at the same time, will be considered a single trade.

If you are found to be engaging in risky behavior or strategies, you will not be allowed to advance to the funded phase.

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