Pivex Guides
Guides and explainers for funded traders:
challenges, risk, payouts, and market literacy.
The Three White Soldiers: A Key Candlestick Pattern for Traders
Short answer: three white soldiers is a candlestick pattern made of three consecutive long bullish candles, each opening within the previous body and closing near its own high. It appears after a…
The Ultimate Guide to Trailing Stop Loss Orders
Short answer: a trailing stop loss is an exit order that follows price in your favour and stays put when price moves against you. You set a distance, either in points or as a percentage, and the…
The Ultimate Guide to Trend Following: Strategies and Insights
Short answer: trend following is a systematic approach that buys markets moving up and sells markets moving down, holding until the move ends. It makes no attempt to forecast. It reacts to price,…
What Is Triple Witching and How Does It Affect Trading?
Short answer: triple witching is the quarterly session when stock options, stock index options, and stock index futures all reach expiration on the same day, the third Friday of March, June,…
What is a Stop Limit Order? A Complete Guide
Short answer: a stop limit order combines two prices. The stop price activates the order, and the limit price sets the worst price you will accept once it is active. It gives you control over the…
Pivex Membership: What a 1-Step Prop Firm Challenge Costs Per Attempt
Pivex Membership is a monthly way to buy the same 1-step challenge. You pay every 30 days and receive a new challenge account each billing cycle. Accounts you do not open yet wait as credits for…
1 Step Challenge Prop Firm: One Gate, Several Tests
A 1 step challenge prop firm uses one formal evaluation stage before a trader can become eligible for a later account stage. “One step” describes the number of evaluation phases, not the number of…
100K Funded Account: Capacity, Qualification, and Total Cost
A 100k funded account is a rule-based account scale, not a transfer of 100,000 units of spendable capital. The number helps define objectives, loss boundaries, position limits, and later payout…
10K Funded Account: A Small-Tier Trading Laboratory
A 10k funded account is a nominal 10,000-unit account tier governed by drawdown, daily loss, position, activity, and withdrawal rules. Its usable capacity is the allowable decline after a personal…
25K Funded Account: Rules, Capacity, and a Practical Decision Process
A 25k funded account is a trading program whose advertised balance is 25,000 units, but that advertised does not equal usable risk. The real operating capacity comes from the loss limit, daily…
50K Funded Account: A Portfolio Board for Controlled Scaling
A 50k funded account is a nominal 50,000-unit tier whose practical capacity is set by drawdown, daily loss, position, activity, and request rules. The larger label can create more sizing choices,…
Apex Trader Funding Alternatives: A Rule-Fit Map
An Apex Trader Funding alternative is not simply another name on a list. It is a different combination of evaluation steps, drawdown behavior, fees, account access, position limits, supported…