Exploitative Trading Behaviors
These practices involve unfair advantages or exploiting the platform’s limitations:
Using Platform Errors:
Exploiting glitches, pricing errors, or latency in the system.
High-Frequency Trading (HFT):
Strategies that manipulate bid-ask spreads or exploit simulated market conditions.
Unrealistic Market Behavior:
Executing trades that wouldn’t be feasible in a live market, such as trading beyond available liquidity.
Account Misuse
Behavior that breaches the trust or integrity of the platform:
Account Sharing:
Allowing others to trade on your account is forbidden. Accounts are strictly for individual use.
Multiple Logins:
Using unauthorized software or accessing the platform from multiple devices simultaneously to gain unfair advantages.
Market Manipulation
Tactics that distort market integrity, even in simulated environments:
Wash Trading:
Creating artificial trading activity by repeatedly buying and selling the same assets.
Spoofing:
Placing large, deceptive orders to manipulate prices, then canceling them before execution.
Unauthorized Strategies
Some trading methods are not allowed to prevent excessive risk or market impact:
Selling Naked Options:
You can only trade long options positions; selling uncovered options is prohibited.
Overnight Positions:
All trades must be closed by 3:59 PM EST. Holding positions overnight is not allowed.