Pivex Guides
Guides and explainers for funded traders:
challenges, risk, payouts, and market literacy.
How to Avoid Breaking Prop Firm Rules: A Comprehensive Guide
To avoid breaking prop firm rules, treat the firm's written limits as hard boundaries and always trade with a buffer inside them. Know your exact daily loss limit and maximum drawdown, track how close you are before…
Trading with Firm Capital: A Comprehensive Guide
Trading with firm capital means a proprietary (prop) firm lets you trade its money instead of your own, and you keep a large share of the profits. You prove your skill by passing a paid evaluation with a profit…
How to Calculate Lot Size for a Funded Account
To calculate lot size, divide the dollars you're willing to risk by your stop-loss distance times the value per unit of movement: risk amount ÷ (stop-loss × pip or tick value) = position size. On a funded…
How to Build a Trading Plan for a Funded Challenge: A Rules-First Blueprint
To build a trading plan for a funded challenge, start with the exact rules and price of the plan you buy. Then convert its profit target, daily loss limit, and drawdown cap into dollar figures. Design your strategy,…