Source: https://whitepips.com/blog/trading-the-news Summary: Why a permission that applies during your evaluation can disappear the moment you are funded, and what actually happens to an order in a fast market. Last updated: 2026-10-28 # News trading, and why the funded rule differs Why a permission that applies during your evaluation can disappear the moment you are funded, and what actually happens to an order in a fast market. - August 15, 2026 - 2 min read - 4 sections - Markets **In this article 4** 1. Two rows, not one 2. Why a firm restricts it 3. If it is permitted on your plan 4. If it is not Back to top August 15, 2026 2 min read Markets ## Key takeaways 1. **Two rows, not one.** Plans state news trading twice: once for the assessment and once for the funded account. 2. **Why a firm restricts it.** Not because news trading is illegitimate. 3. **If it is not.** Then the calendar is a schedule of times you are flat, and that is a workable constraint rather than a hardship — most of the scheduled releases that matter are known weeks ahead. News restrictions are the rule people most often assume they understand and most often read wrong — because on many plans the permission is not the same during the evaluation as it is once the account is funded. ## Two rows, not one Plans state news trading twice: once for the assessment and once for the funded account. It is common for a plan to permit it throughout the evaluation and prohibit it afterwards, and a trader who read only the first row will breach a rule they were confident they had checked. Both rows are on every plan and in the trading rules. Read the funded row before you build a strategy around scheduled releases — that is the row that governs the account you are trying to reach. ## Why a firm restricts it Not because news trading is illegitimate. Because of what happens to execution when liquidity vanishes for a few seconds. A stop order is an instruction to trade at the best available price once a level is touched, and in the seconds around a major release the best available price can be a long way from the one you specified. Your intended $200 risk becomes $900 not through any error of yours but because there was nothing to fill against on the way down. > A stop is an instruction, not a guarantee. In a fast market the difference between those two words is the entire loss. Simulated accounts add a second problem. A demo environment fills against a price feed rather than against real resting orders, and in a violently moving market it can produce fills that a live account would never have received. The restriction protects the firm from a result that is an artefact rather than a trade. ## If it is permitted on your plan - Size for the gap, not for the stop. Assume the stop fills materially worse than placed and check that the position still leaves the daily limit intact if it does. - Know the exact release times for the instruments you hold, including the ones you did not intend to trade around — a position held through a release is a news trade whether or not you meant it as one. - Prefer entering after the initial move. The second move is slower, better supplied with liquidity, and considerably more tradeable than the first three seconds. - Watch spreads before the release rather than after. A widening spread is the market telling you liquidity is leaving, and it is visible in advance. ## If it is not Then the calendar is a schedule of times you are flat, and that is a workable constraint rather than a hardship — most of the scheduled releases that matter are known weeks ahead. The failure mode is not deliberate news trading; it is a position left open through a release nobody had diarised. Reference pages [Economic calendar, live](https://whitepips.com/economic-calendar) [Non-Farm Payrolls](https://whitepips.com/economic-calendar/non-farm-payrolls) [US CPI](https://whitepips.com/economic-calendar/us-cpi) [FOMC rate decision](https://whitepips.com/economic-calendar/fomc-rate-decision) More in Markets [Trading gold on a funded account: sizing XAUUSD](https://whitepips.com/blog/trading-gold-on-a-funded-account) [Forex market hours: sessions, overlaps and prop rules](https://whitepips.com/blog/forex-market-hours-and-sessions) [Futures tick values: ES, NQ, CL, GC and the micros](https://whitepips.com/blog/futures-tick-values) [Read next CFDs and futures are not the same game Markets · 2 min read](https://whitepips.com/blog/cfds-and-futures) Educational content, not financial advice. Trading carries risk and most people who attempt an evaluation do not pass it. Accounts are simulated; the rules that bind yours are the ones printed on your plan and in the trading rules. 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