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Can I trade during news or events?
Can I trade during news or events?
Updated over a week ago

Yes, you can trade during news or events. However, during these times, prices are known to slip, and spreads widen in every market. This means your Stop Loss (SL) or Take Profit (TP) might not be respected during these times.

Example: if you’re trading during a major economic announcement, like a central bank interest rate decision, the market might move rapidly. You might set a Stop Loss at a certain price to limit your losses, but due to the rapid movement, your trade could be executed at a much lower price, resulting in a larger loss than expected.

Nothing is forbidden, and you can take as many trades as you want to complete a challenge. Just ensure you manage your risk effectively, especially during these volatile periods.

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