Both in BullRush Competitions as well as BullRush Prop users are able to trade during news events without any restrictions!
Keep in mind that trading during news events, especially those with high impact like Non-Farm Payrolls (NFP) may result in any of the following:
Increased Volatility: News events can trigger sudden and drastic shifts in currency prices, potentially leading to quick losses if positions are not carefully managed.
Unpredictable Market Reactions: While economic reports can provide clues about market direction, unexpected data releases or even reactions to expected news can lead to unpredictable price movements, making it difficult to anticipate market behavior accurately.
Slippage: Orders may not be executed at the intended price due to rapid price movements during news events, resulting in greater slippage and potentially larger losses than anticipated.
Widened Spreads: Brokers may widen spreads during volatile periods to protect themselves from rapid price changes, potentially increasing trading costs and impacting profitability.
Stop-Loss Hunting: Extreme price movements can trigger stop-loss orders prematurely, leading to potentially significant losses.