The One Minute Trading Rule on Prop Number One One Minute Trading is an investment strategy in which a trader opens and closes trades in very short time frames, usually one minute or less.
While it has the appeal of making quick profits, this practice is heavily regulated on Prop Number One to prevent the use of manipulative strategies such as tick scalping and HFT.
One Minute Trading Parameters
Duration: Trades must be opened and closed within 1 minute.
Trades must be opened and closed using a calculated strategy that goes beyond the simple advantage of the fast time profile.
The profit per operation must be carefully evaluated to meet the parameters of transparency and balanced performance.
What happens if I have been reported for One Minute Trading?
Unlike all the other Prop Firms out there that disable your account with no way to recover, at Prop Number One, where transparency is one of the values, we have developed ranges based on the percentage of trades that are done under a minute.
We have prepared a series of warnings before taking very severe actions for this behavior, you can find them listed below.
Scenario 1: The sum of profits from operations under a minute does not exceed 0.5% of the account
What happens with any alert
Stage 1: The infringement is notified, and the profits generated are scaled.
Stage 2: The infringement is notified, and the profits generated are scaled.
Funded: The infringement is notified, and the profits generated are scaled.
Scenario 2: The sum of profits from operations under a minute exceeds 0.5% of the account
What happens with a first warning:
Phase 1: You are notified of the violation, and the profits generated are scaled.
Phase 2: You are notified of the violation, and the profits generated are scaled.
Funded: You are notified of the violation, and the profits generated are scaled.
What happens with a second warning:
Phase 1: You are notified, the account is disabled, and a new identical account is assigned in Phase 1
Phase 2: You are notified, the account is disabled, and a new identical account is assigned in Phase 1
Funded: You are notified, the account is disabled, and a new identical account is assigned in Phase 2
What happens with a third warning:
Phase 1: The account is disabled and the challenge is considered lost
Phase 2: The account is disabled and the challenge is considered lost
Funded: The account is disabled and the challenge is considered lost
N.B.
Prop Number One guarantees maximum transparency and provides all the necessary evidence through its monitoring systems.
It is the trader's responsibility to ensure that the software or BOT used does not facilitate operations of abnormal duration, in order to avoid the sanctions provided for by Risk Management.
These measures are essential to maintain a fair trading environment, protecting both the price feed and the overall integrity of the platform.