At TopTier Trader, we strive to provide a trading environment that closely mirrors real-world market conditions to ensure a seamless transition for our traders into live trading scenarios. With this in mind, we would like to issue an important disclaimer regarding the use of the One-Click Trading feature on TradeLocker.
Understanding One-Click Trading
One-Click Trading is a feature designed for convenience, allowing traders to execute trades quickly with a single click of a button. While this feature is beneficial for fast-paced trading, it also carries specific risks due to the nature of real-world market conditions, such as slippage and execution delays.
Execution Timing and Slippage
It is crucial to understand that:
Trade executions are not instantaneous. There is a brief processing time between clicking the trade button and the execution of the order.
In live market conditions, slippage can occur, which means the executed price might differ slightly from the intended price due to market volatility and liquidity.
Risks of Multiple Orders
When using One-Click Trading, rapidly clicking on the trade button multiple times may result in:
Multiple positions being opened unintentionally. Each click is treated as a separate order, regardless of intent.
Potential rule violations. If these additional trades lead to breaches of trading rules, such as exceeding risk limits or account guidelines, these violations will be considered valid.
Responsibility for Rule Violations
Please note that any violations resulting from the use of One-Click Trading, including multiple orders caused by repeated clicks, will be treated as valid. This policy is in place because the trading platform operates under realistic market conditions, simulating the behavior of live trading environments where such actions could lead to similar outcomes.
Best Practices for Traders
To mitigate risks and ensure compliance with trading rules, we strongly recommend the following:
Educate Yourself: Review and fully understand the functionality and risks of One-Click Trading.
Be Deliberate: Avoid rapid or repeated clicks when placing trades to minimize the risk of multiple unintended positions.
Assess Your Needs: Consider disabling the One-Click Trading feature if it does not align with your trading strategy or comfort level.
Final Note
By using the One-Click Trading feature, you acknowledge and accept the inherent risks associated with its use. We encourage all traders to operate within the guidelines and exercise due diligence to maintain their accounts in good standing.