- The news rule
- News trading is allowed on all accounts, at your own risk, with no restriction window, so you can trade CPI straight through. The only catch is the microscalping rule, and it is funded-only: on a funded account, over 50% of your trades and over 50% of your profit must come from trades held longer than 10 seconds. On the evaluation there is no such rule, so you can scalp the CPI reaction freely while passing.
- If you break it
- On a funded account you do not fail, you just cannot request a payout until your held-longer-than-10-seconds numbers are back above the 50% line. On the evaluation it does not apply at all.
- Drawdown type
- End-of-day trailing drawdown. It recalculates at the close, only locks in gains on profitable days, but is still enforced in real time, so touching it intraday fails the account.
- Payout speed
- Payouts after 5 winning trading days per cycle.
- My take
- Great for passing CPI, since the eval has no restriction at all. Once funded, if you scalp the release, average your hold times out across the day so the 10-second rule does not hold up a payout.