At Atmos, we are promoting safe and responsible trading. The Anti-gambling policy is designed to be accessible to all traders, ensuring that everyone is informed and guided appropriately and transparently. The primary purpose of this policy is to establish responsible trading practices and discourage actions resembling excessive risk-taking and gambling behaviors.
Forbidden Gambling practices are One-sided bets, chasing price, Aggressive Averaging, Martingale Tick Scalping, Grid Trading and Hyperactivity / Execution Flooding.
Additionally, Atmos requires traders to maintain a consistent trading style throughout all phases. Significant or abrupt changes, such as switching from long-term to high-frequency scalping or altering risk levels, are not permitted without explicit approval.
Aggressive Averaging, Martingale and One-Sided Betting:
Aggressive averaging and Martingale is a type of aggressive averaging where you increase your position sizes either as trades go into drawdown or after taking losses, assuming the market will eventually move in your favor. This strategy can occur over multiple days and involves significant risk.
One-sided betting involves placing multiple trades in a single direction—either all buy orders or all sell orders—over intervals or as clusters throughout the day. This pattern exposes your account to a high degree of directional risk and resembles gambling practices due to the lack of proper risk management.
Chasing Price (90 Seconds):
The 90 Seconds Rule prohibits impulsive trading behavior where a trader frequently reverses positions on the same asset within 90 seconds of closing a prior trade, often after a loss. This involves rapidly switching between buy and sell positions to recover losses, which increases transaction costs and exposes the account to unnecessary volatility.
Chasing price is prohibited because:
Lack of Structured Risk Management: It reflects impulsive trading without a proper strategy.
Tick Scalping:
Tick scalping refers to a trading strategy that aims to generate profit from extremely small price movements by executing a high volume of trades within very short time intervals, often seconds. This behavior typically relies on rapid order execution, short holding times, and repeated entries designed to capture micro-fluctuations in price.
Grid Trading:
Grid trading refers to a strategy where multiple buy and/or sell orders are placed at incremental price levels above and below the current market price. The strategy builds layered positions as price moves through predefined levels, often resulting in accumulated exposure in one direction.
Hyperactivity / Execution Flooding:
Hyperactivity (also referred to as execution flooding) refers to the excessive opening of multiple trades simultaneously or within very short time windows, particularly in the same instrument and direction. This behavior is characterized by rapid-fire order placement and high concentrations of concurrent positions.