I've heard about the prop firm 2 minute rule and I'm curious to understand what it means. Could someone please explain this concept to me in simple terms?
7 answers
StormGlider
Sat Dec 14 2024
Traders are restricted from manually intervention during a specific timeframe.
mia_harrison_painter
Sat Dec 14 2024
Specifically, after the initial 15 seconds of a trade, manual closure is not permitted.
DigitalLord
Fri Dec 13 2024
If a trader violates these restrictions, it will be considered a soft breach.
SolitudeEcho
Fri Dec 13 2024
Similarly, adjustments to stop-loss (SL) settings are also prohibited within this timeframe.
DondaejiDelightfulCharm
Fri Dec 13 2024
Take-profit (TP) adjustments are similarly restricted within the first 15 seconds.