Trading rules

Grid trading

All accounts

You may not place layers of orders at fixed price intervals with no directional view. A grid profits from movement in either direction, which is not a trading decision.

Example of a breach

Eight pending orders on USDJPY at 20-pip intervals: four buy stops above the price and four sell stops below it, with no view on which way the market will go. The structure makes money whichever way price moves.

Are multiple entries always prohibited?

No. Entries are not judged by how many there are. The review looks at spacing, purpose, direction, timing and the overall risk structure. Can I scale in or trade multiple accounts?

What is reviewed

Order spacing, layering, direction, timing and total risk.

Possible outcome

Profit adjustment, payout rejection or account breach.