Pivex Guides
Guides and explainers for funded traders:
challenges, risk, payouts, and market literacy.
What is Liquidity in Trading?
Liquidity in trading is the ability to buy or sell an instrument quickly without causing a large price change. A liquid market has many active buyers, sellers, and resting orders near the current…
What is Market Structure in Trading?
Market structure in trading is the pattern created by successive price highs, lows, advances, declines, and pauses. It helps a trader classify a market as bullish, bearish, or sideways before…
What is Paper Trading? A Complete Guide for Aspiring Traders
Paper trading is the practice of recording simulated orders without putting real money at risk. A trader follows market prices, chooses an entry and exit, sets a position size, and tracks the…
What is Slippage in Trading? Understanding Its Impact and How to Manage It
Slippage is the difference between the price expected for an order and the average price actually received. It occurs when the market changes before execution or when insufficient volume exists at…
What is VWAP in Trading? A Complete Guide
VWAP is the volume-weighted average price of an instrument during a chosen session. It combines price with traded volume, so heavily traded prices influence the line more than quiet prices. Traders…
Why Traders Fail Funded Accounts: Insights and Strategies for Success
The failure pattern is usually visible.
AI Trading Assistant: What It Does, Where It Fails, and How to Use One in a Prop Challenge
Short answer: an AI trading assistant is software that answers trading questions in plain language. It can describe a chart, summarise market news, draft a plan and check a planned trade against…
Are Prop Firms Legal? A Comprehensive Overview
Yes. Proprietary trading is lawful in the United States and in most major markets. Firms that let outside traders operate an account are not breaking the law by existing. The legal question that…
Best Forex Pairs for Scalping: A Comprehensive Guide
Scalpers live and die by two numbers. The first is how far a pair moves in a few minutes. The second is what it costs to get in and out. That is why the best forex pairs for scalping are almost…
The Best Indicators for Day Trading: Your Complete Guide
Ask ten traders to name the best indicators for day trading. You get ten screens that look nothing alike. The short answer is a moving average for trend and VWAP for the session's fair price. Add…
The Best Time to Trade Forex: Strategies for Success
The best time to trade forex is the London and New York overlap. For most retail accounts that means roughly 13:00 to 17:00 GMT. Volume peaks in that window. Spreads narrow, and the major currency…
Comprehensive Bitcoin Trading Strategies for Success
A bitcoin trading strategy is a written set of rules. It decides four things in advance: what you buy or sell, how much you risk, where you exit, and when you stop for the day. Everything else is…