Always on top! Contract and copy trading rules, the first person to point out a violation will receive a reward of 100u! (Must be reported within 24 hours after the violation of trading rules)
In order to ensure stable profits from copy trading contracts and completely eliminate speculative mentality, the following trading rules have been established, please supervise.
1. Only long positions are allowed, no short positions! Hedging orders are excluded.
2. Use three times leverage for opening positions, that is, opening amount/margin balance=3, reaching four times is considered a violation of the rules. Hedging orders are excluded. Note: This is actual leverage, not nominal leverage. For example, if I have 100u and choose 10 times leverage but only open 300u, then the actual leverage is 3, not 10.
3. Set a stop loss after opening a position, the maximum loss amount is 20% of the principal (due to slippage and the difference between the marked price and the latest price, the actual execution can exceed 20%, as long as the loss displayed in the order at the time of triggering is within 20% it is acceptable)
4. Immediately lock the position after opening (no manual stop loss, no adding positions. The stop loss price can be modified, and can only be modified in a favorable direction)
5. Stop trading on the day when the stop loss is triggered!!!
6. A position must have favorable price fluctuations to set a breakeven/profit stop loss before a new position can be opened. Hedging orders are excluded.
7. If a position is held in a loss state for three days, it can be manually closed, and a new position can be opened after closing.
According to the above rules, if you find the following, it is already a violation of the rules. Please point it out immediately in this post, I will pay 100 U as promised.
1. Opening a short position. Hedging orders are excluded.
2. Actual leverage exceeds 3 times. Hedging orders are excluded.
3. Two positions are simultaneously in a loss state. Hedging orders are excluded.
4. After triggering the stop loss on the same day, a new position is opened.
5. The loss far exceeds 20% when the stop loss is triggered.
6. Cancelling the top post is considered a violation of the rules!
