News Trading
Allowed without restriction
Traders may enter or exit positions around scheduled or unscheduled news events
Important: News-driven markets are highly volatile and may involve slippage or velocity logic triggers- Sudden price movements during news events may result in slippage, influencing trade execution at unexpected prices or triggering unique order behaviors due to velocity logic mechanisms.
Traders assume full responsibility for all outcomes when trading during news events- This responsibility emphasizes the necessity for careful planning and risk assessment, particularly during volatile conditions.
Scaling Into Trades (DCA)
Traders are free to scale into positions or use Dollar Cost Averaging (DCA)
Lucid does not impose limits on entry methods- Scaling can serve as an effective risk management measure, allowing traders to adapt positions incrementally to varying market conditions.
Note of caution:
While scaling is permitted, martingaling, continuously adding to losing positions in hopes of recovery, is strongly discouraged
Martingaling can quickly escalate risk and is not considered a sustainable long-term strategy
Genuine Scalping
Genuine scalping is allowed
Short-term entries and exits that reflect realistic execution and market behavior are welcome
Traders must ensure that their activity remains within Microscalping policy guidelines
Scalping is considered valid as long as trades are taken in good faith and not intended to manipulate fill logic
Automated Strategies
Automated trading systems and trade copiers are permitted
All automated activity must comply with Lucid Trading rules
Traders are fully responsible for any software errors, malfunctions, or unintended outcomes
Flipping
Flipping is allowed
Flipping refers to taking a quick in-and-out trade for the purpose of meeting minimum trading day requirements
While we encourage meaningful trading activity, we do not restrict this practice