How the rules of the challenge and funded accounts work
To maintain a fair trading environment, the following actions are strictly prohibited:
Exploiting News Volatility
Using strategies like straddles or strangles to take advantage of sharp market moves during news events.
Misrepresenting Trades
Attempting to disguise news-driven trades as part of your regular trading strategy.
These rules apply to all scheduled news events.
When trading during news releases, traders must adhere to the following:
Stick to Your Trading Strategy:
Continue trading in line with your regular, established methods.
Maintain Order Discipline:
Avoid placing trades solely based on anticipated news movements unless these align with your standard approach.
For Tier 1 news releases, all positions must be flattened:
Position Timing:
Close all open positions at least 2 minutes before the news release and do not re-enter until 2 minutes after the event.
Example: For a Tier 1 event scheduled at 8:30 AM, all positions must be closed by 8:27 AM and can only be re-entered after 8:33 AM.
Key Tier 1 News Events:
General: FOMC Meetings, FOMC Minutes, Employment Reports, CPI.
Sector-Specific: EIA Reports for energy traders and key agricultural reports for agricultural traders.
Trading through non-Tier 1 news releases is permitted under the following conditions:
Trades must align with your established trading strategy.
Be aware of potential risks, such as data delays or broker-related disruptions.
Note: Funded Futures Family is not liable for any issues resulting from trading during non-Tier 1 events.
This policy ensures a secure and fair trading environment by addressing the limitations of simulated accounts, which do not replicate live market conditions during news events.
By adhering to these rules, traders help maintain the integrity of Funded Futures Family's trading ecosystem.