Pivex Guides
Guides and explainers for funded traders:
challenges, risk, payouts, and market literacy.
Sortino Ratio vs Sharpe Ratio: A Detailed Comparison
Short answer: in the sortino ratio vs sharpe ratio debate, Sharpe divides excess return by total volatility. Sortino divides it by downside deviation only. Sharpe punishes every swing, including…
The Spinning Top Candle: What It Is and How to Trade It
Short answer: a spinning top candle is a candlestick with a small real body sitting roughly in the middle of a long total range. The upper and lower wicks are of similar length. Buyers pushed…
Three Black Crows Candlestick Pattern: How to Spot It and Trade It
Short answer: three black crows is a bearish reversal candlestick pattern made of three long red candles in a row. Each candle opens inside the body of the one before it and closes lower, near its…
Trailing Stop Loss vs Trailing Stop Limit: What You Need to Know
Short answer: trailing stop loss vs trailing stop limit comes down to what happens at the trigger. For most retail traders the trailing stop loss is the better default. Both orders follow price by…
The Wyckoff Spring: How to Read a Failed Breakdown and Trade It
Short answer: a wyckoff spring is a brief push below the low of a trading range that fails. Price closes back inside the range within one to a few bars. The dip fills sell stops resting under…
The 1 Minute Scalping Strategy: Rules, Costs, and Whether It Is Viable
Short answer: a 1 minute scalping strategy takes positions lasting seconds to a few minutes on a one minute chart, aiming for small, frequent gains. It is the most cost-sensitive style in trading.…
AI Crypto Trading Bots: Your Ultimate Guide to Automated Trading
Short answer: an ai crypto trading bot is software that connects to an exchange through an API and places orders according to rules or a trained model, without a person clicking each time. The…
AI Trading Bots: What They Are, What They Cost, and What to Check
Short answer: an ai trading bot is software that analyses market data and places orders automatically, using rules or a trained model. The automation is real and useful. The intelligence claim…
The Break and Retest Strategy: Entry Rules, Confirmation, and Risk
Short answer: the break and retest strategy waits for price to break a support and resistance level, then enter only when price returns to that level and holds. The break proves the level failed.…
Copper Trading: Drivers, Instruments, and Practical Risk Control
Short answer: copper trading means taking a position on the price of refined copper through futures, CFDs, options or mining-linked equities. The metal is unusually sensitive to industrial demand,…
Cumulative Volume Delta: What CVD Measures and How to Read It
Short answer: cumulative volume delta is a running total of the difference between volume traded at the offer and volume traded at the bid. Each period's delta is buy volume minus sell volume, and…
The Complete Day Trading Setup: Hardware, Software, and Process
Short answer: a day trading setup has four layers: a reliable computer and internet connection, a charting and execution platform, a data feed appropriate to your market, and a written process for…