Erratic/volatile markets may arise while trading with PropShopTrader. Follow these guidelines to ensure you’re prepared when such situations occur:
- Avoid being in a trade close to a limit up or down movement.
- Regularly check the daily price limits throughout your trading day to prevent leaving any trades unresolved during a price limit halt. You can find the daily price level limits here.
Price limits denote the maximum allowable range for a futures contract and are available during each trading session. It’s important to note that Rithmic may not handle such situations well, potentially resulting in being forced out of a trade, which could disqualify your account.
Once more, it’s advised to refrain from being in a trade near a limit level. Exercise caution during erratic market movements, such as flash crashes or significant news from the Federal Reserve, as the platform or data might experience lag.
PropShopTrader is not liable for data inaccuracies, software malfunctions, glitches, trader hardware issues, or trader accidents. There’s no recourse for recovering losses incurred due to these factors. Failing to adhere to these guidelines during evaluation could result in disqualification.