Yes! News trading is allowed and can be a rewarding strategy. Just keep in mind a few important points:
Avoid news straddling: This strategy is not allowed because of its high risk.
Manage your risk: Be cautious about risking too much around news events to avoid potential slippage.
Stay responsible: It's important not to risk large portions of your drawdown limits on open positions during high-impact news or data releases, as this can be seen as all-or-nothing behavior, particularly for challenge traders.
By trading news responsibly, you can take advantage of market opportunities while maintaining a prudent approach to risk management.
