PipFarm has revised its trading rules to address traders’ concerns about position management, breaches, and layering.
PipFarm has revised its trading rules to address traders’ concerns about position management, breaches, and layering.
Prop Nimbus has revised its trading rules to address traders’ concerns about position management, breaches, and layering. The firm announced that layering — a strategy where multiple orders are placed at different price levels — is now permitted, but with clear limits designed to keep risk in check.
Under the updated rules, traders participating in Prop Nimbus’s popular Two-Step Challenge are to open multiple positions on the same asset, but no more than three positions simultaneously. This change marks a shift from previous restrictions, allowing traders greater flexibility to implement complex strategies while maintaining risk discipline.
For traders on the Instant Funded Account, Prop Nimbus has set a stricter limit, permitting only two open positions on the same asset at the same time. This reflects the firm’s emphasis on ensuring stable and manageable risk exposure for funded traders, who trade capital provided by Prop Nimbus.
To enforce these new rules, Prop Nimbus introduced a breach system designed to encourage compliance without immediately penalizing traders. The first violation of the position limits will be a Soft Breach, serving as a warning and an opportunity for traders to adjust their approach. A Second Breach results in a Hard Breach, which may carry more severe consequences, including potential disqualification from the challenge or account closure.
Prop Nimbus’s adjustment comes in response to feedback from its trading community, many of whom advocated for layering allowances to improve their trading tactics. By balancing trader flexibility with strict safeguards, Prop Nimbus aims to foster a fair and dynamic environment that supports both individual success and firm risk management.
The changes take effect immediately, and traders have to review the updated terms carefully to avoid breaches. This move signals Prop Nimbus’s commitment to evolving alongside its traders’ needs, ensuring its prop firm challenges remain competitive, transparent, and trader-friendly.
As the prop trading world grows increasingly competitive, Prop Nimbus’s update reflects a trend toward more nuanced risk policies, offering a fresh balance between trader freedom and firm oversight.
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