Read the Rules Before the Print
Alphabet and Tesla report Wednesday. Here's a question most funded traders can't answer until it's too late: does your prop firm allow you to hold through it?
A lot of traders find out the answer after the violation email. And in a week stacked with earnings — with the Fed decision landing July 28-29 right behind it — that's an expensive time to be learning your own firm's rulebook.
This post isn't about which way Alphabet moves. It's about the two things that actually decide whether you keep your funded account through an event week: knowing the rules before the print, and building a sizing process that doesn't care what the rules are.
Earnings day is a coin flip with your size on it
Start with the number. The average S&P 500 name moved 4.9% — in absolute terms — on its earnings day in Q1 2026. That's three to five times a normal session. And July volume is thin, which amplifies the swing.
Holding a position through a print is not a trade. It's a bet on a 4.9% coin flip, and the ...
