My Funded FX has introduced a new policy effective immediately regarding trading during high-impact news events. This change aims to streamline the trading process and provide clarity to its traders in the fast-moving forex market.
Under the new policy, any profitable trades executed within three minutes before or three minutes after a high-impact news release will not be counted towards the trader’s overall profits. My Funded FX assures its trader community that this measure is designed to enhance trading accuracy and discipline, reinforcing the importance of strategic decision-making during volatile periods.
The firm emphasizes that traders should not view these restrictions as a failure, but rather as an opportunity to refine their strategies in the context of news events. Profits made during the restricted timeframe will be removed, but traders are encouraged to remain focused on their long-term trading growth.
In addition to the new policy announcement, My Funded FX continues to remind traders that the journey of trading is akin to a marathon, not a sprint. The firm advocates for responsible trading practices, encouraging its community to avoid overleveraging and overtrading, which can derail their trading plans.
Traders are also encouraged to reflect on their experiences in the market, particularly regarding their first payouts and the lessons learned from trading losses. My Funded FX emphasizes that losses are an inherent part of the trading process, and it is crucial for traders to learn from these experiences and work towards resilience in their trading journeys.