Welcome to the latest update from TickTick Trader! Here’s everything you need to know about the refreshed trading rules and strategies that can enhance your trading journey.
Microscalping Rules Refined
TickTick Trader is committed to providing a smooth trading experience while maintaining a fair and consistent environment. Microscalping rules, though not new, have been reinforced to ensure clarity:
- Prohibited Trading Times:
- Trades lasting less than 10 seconds are not allowed during:
- The first 5 minutes after market opening.
- The last 5 minutes before market closing.
- Outside these times, trades lasting less than 5 seconds are prohibited.
- Trades lasting less than 10 seconds are not allowed during:
- Why It Matters:
Microscalping, while appealing for quick gains, can lead to account violations if not carefully managed. A single exception in hundreds of trades may not raise flags, but frequent violations can result in account termination. - Consistency and Compliance:
- Consistency is key. Maintain a 20% trading consistency rule to ensure long-term success.
- Hedging across accounts (e.g., simultaneously taking long and short positions on the same instrument) is strictly forbidden, especially when operating multiple accounts from the same household or IP address.
Key Trading Strategies and Insights
TickTick encourages a strategic approach to scalping and trading:
- Leverage Low-Volatility Sessions:
The Asian session provides a slower market pace, allowing trades to last longer and reducing the risk of breaching time constraints. - Timing Is Everything:
In contrast, sessions like the New York opening exhibit high volatility, where trades hit targets faster but demand sharper attention to rule adherence.
What’s Next?
TickTick Trader offers exciting opportunities, including a 40% discount promotion until the end of November. Take advantage of platforms like Tradeovate, NinjaTrader, and TradingView, which are integrated with TickTick Trader for an enhanced trading experience.
For detailed discussions and community support, join the TickTick Trader Discord. Stay connected, trade smartly, and enjoy the journey!
