Trade The Pool has announced an important update to its trading rules. The 8% rule, previously applied to all accounts, has been removed for evaluation accounts and replaced by a 5% rule.
This new rule limits open positions to 5% of the traded volume in a given period of time. For example, if 50,000 shares of a certain stock were traded, only a maximum position of 2,500 shares (5%) is allowed. The 5% rule applies cumulatively during the specified period of time. It is important to highlight that the 8% rule continues to apply to funded accounts.
Trade The Pool states that this change seeks to reflect the dynamics of the real market and encourage disciplined trading habits.
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