What is Flipping?

What is Flipping?

Flipping is defined as the practice of making a trade solely so that it can be counted as a "trading day" to meet payment requirements, without that trade being aligned with the trader's normal, disciplined, and consistent daily strategy. In other words, it is making a buy and sell transaction of an asset without the genuine intention of following a trading strategy, but rather just to register an active trading day.

 

This practice may be challenged by Ylos, which may require the trader to provide evidence showing the exact rules used for entering the trade in question, as well as evidence of entries from previous days that follow the same rules of the trading plan, to demonstrate that the transaction was not a "flip," but rather part of a normal and consistent trading strategy.

 

Ylos Trading seeks to avoid practices that do not contribute to consistent and sustainable growth, focusing on traders who operate in a disciplined manner and aligned with a clear and consistent trading plan, avoiding manipulation or abuse of the funding system.