Gambling in trading is characterized by actions that resemble betting rather than calculated decision-making based on market analysis. This includes overleveraging, placing one-sided bets without a thorough market analysis, or aiming to achieve unrealistic profit targets through high-risk trades. Such behaviors are not only risky but also undermine the fundamental principles of responsible trading.
❌ Forbidden Gambling Practices
Overleveraging: Using excessive leverage without a systematic approach or risk management strategy.
One-Sided Betting: This refers to a high-risk trading strategy where a large portion of your available margin is used in a single trade or multiple trades on the same instrument in the same direction.
Account Rolling: Repeatedly starting new trading challenges with a high-risk approach, disregarding sensible trading practices.
Passing Challenge in One Trade: We aim to ensure traders achieve profit targets through safe and consistent trading practices. To do this, we do not permit passing our challenge by making a single, large trade or multiple trades on the same symbol in the same direction that collectively accounts for over 70% of the profit target. Such strategies do not provide sufficient data to assess your skills and consistency, which are crucial for evaluating your performance.
If such practices are observed, we reserve the right to reset the challenge and require the trader to repeat it or apply regulations on individual accounts. Depending on the trading patterns and behaviors observed, we can impose specific limitations or requirements on individual trading accounts.
By enforcing these rules, we encourage a trading environment that prioritizes long-term strategy and risk management over short-term gains and opportunistic behaviors. These measures are designed to uphold the integrity of the trading process and ensure that all participants on the platform engage in responsible and strategic trading.