No, such strategies are prohibited. We are looking for consistent traders, not gamblers.
The maximum risk per trading idea is 2% of the initial account balance (for a $100,000 account, this is a maximum of $2,000).
A “trading idea” refers to all positions on the same instrument in the same direction, which are summed together. You may add volume to a position as long as the total risk of the idea does not exceed 2%.
After closing all trades on one instrument, 20 minutes must pass before you open a new trade on the same instrument in the same direction
Taking excessive risks beyond this limit (an “all-or-nothing” strategy that puts the entire balance at risk) may result in profit withholding or account closure.
First and second violation — warning.
Third violation — account closure without profit payout.