Why an Economic Calendar Matters for Funded Traders
On a funded or evaluation account, a single high-impact release can hit your daily loss limit in seconds if you are caught on the wrong side. An economic calendar lets you see those releases in advance and decide whether to be in the market, flat, or waiting for the dust to settle.
The releases that move markets most are central-bank interest-rate decisions (the Federal Reserve, ECB, Bank of England, Bank of Japan), inflation prints (CPI and PPI), labour data (US Non-Farm Payrolls and unemployment), GDP, and PMI surveys. The calendar above marks each event's expected impact so you can focus on the ones that matter for the instruments you trade.
Trading the News Within River Valley Capital's Rules
River Valley Capital lets you trade around the news, but there is a short protected window: trades opened or closed within three minutes either side of a high-impact release are treated as a soft breach. This is to stop news-spike gaming, not to stop you trading. Plan entries and exits outside that window, and use the calendar to know exactly when it applies.
Every other rule still holds during news: the 5% daily loss limit, your maximum drawdown and the leverage caps per market. For the full set, see the prop firm trading rules, and model how a losing news trade would affect your limits in the payout calculator.
How to Use the Calendar
- Check it at the start of each session and note the high-impact events for the day.
- Filter by the countries whose currencies and indices you trade.
- Decide in advance whether you will trade a release, reduce size, or stand aside.
- Keep clear of the three-minute protected window around each high-impact print.
- Combine it with your own plan: the calendar tells you when volatility is likely, not which way the market will go.