To maintain transparency and consistency in evaluating trading activity, we group related trades into what's called a “trade idea.” This classification helps determine whether trades are part of a single strategy or represent multiple, distinct strategies. Below, you’ll find clear criteria and examples to understand how trade ideas are categorized.
A trade idea is categorized as one if:
It was floating, or opened at the same time at one point on the same symbol and direction or;
The trades are closed and opened within 2 minutes of each other on the same symbol and direction
Trade Idea Example
Single Trade Idea:
Open GOLD BUY > Open GOLD BUY > Open GOLD BUY
It is considered as single trade idea because the trades are on the same asset, direction and are all floating at the same time.
Open GOLD BUY > Close GOLD BUY at 12:00:00 > Open GOLD BUY at 12:01:30
It is considered as single trade idea because the 2nd trade is opened less than 2 minutes after closing the 1st trade, on the same asset and direction.
Multiple Trade Ideas:
Open GOLD BUY > Open GBPJPY SELL > Open AUDUSD SELL
It is considered as multiple trade ideas because the trades are on different assets and direction.
Understanding how trade ideas are defined ensures that your trading activity is accurately assessed according to our guidelines. When in doubt, remember: timing, direction, and asset are the key factors. For any questions, feel free to reach out to our support team ([email protected]).