1. Can I trade during news events with Goat Funded Traders?
Yes. Trading during news events is allowed and does not violate any Goat Funded Traders rules.
2. Are there any limitations on profits generated during high-impact news events?
Yes. Any trade that is opened or closed within 5 minutes before or after a high-impact news release (marked with a red folder on ForexFactory.com or Myfxbook.com) can generate a maximum profit of 1% of the account’s initial balance.
This includes trades closed manually or automatically through:
Stop Loss
Take Profit
Pending Orders
3. Does this policy apply to both the challenge and funded phases?
Yes, this rule applies equally to both the challenge phase and the funded phase of your account.
4. What happens if profits exceed the 1% limit during these times?
If the profit generated from trades during the restricted time exceeds 1% of the initial account balance, the excess profit will be removed.
This adjustment will not result in any kind of breach or penalty to the account. This deduction typically happens during account reviews.