At Blueberry Funded, we are dedicated to promoting safe and responsible trading. This Gambling Policy is designed to be clear and accessible to all traders, ensuring everyone is well-informed and guided appropriately. The primary purpose of this policy is to establish responsible trading practices and discourage actions that resemble excessive risk-taking and gambling behaviors. Since we aim to foster sustainable and skill-based trading, the data we gather from your trading activities helps us assess consistency, risk management, and strategic decision-making. Engaging in prohibited behaviors like gambling disrupts the quality of data we rely on to monetize in the live markets, which is critical to our long-term plan as a broker-backed prop firm. Violating this policy may prevent you from advancing to the funded stage, result in a possible hard breach, a restart from Phase 1, or lead to denial of a payout, depending on your risk profile as assessed by our risk team.
Definition of Gambling Behavior
"Gambling" refers to actions that violate this policy. Traders are expected to maintain a disciplined and well-calculated approach, avoiding excessively risky behaviors.
โForbidden Gambling Practices in Trading
Overleveraging:
Excessive leverage is prohibited. Traders must manage trade sizes appropriately to control and limit potential losses effectively. If your margin level falls below 150%, your account may be flagged for a soft breach. Continued decline in the margin level may result in the forced liquidation of positions to restore the required margin.
One-sided Bets:
Do not make trades predominantly in one direction without thorough market analysis. We may deem it gambling if excessive volume is continually placed on the same asset and direction in a short amount of time.
Hyperactive Trading:
Refrain from making too many trades in a short period or making impulsive decisions. Focus on well-considered trades that align with your long-term plans and risk tolerance.