What if I request a reward before reaching the scaling milestone?
Modified on Thu, 5 Nov at 9:12 AM
Please note: account scaling is currently unavailable.
Requesting a reward before reaching the +15% scaling milestone is entirely up to you, but it’s important to understand how it impacts your scaling progress. If you choose to request a reward early, the reward amount will be subtracted from your scaling milestone.
Why does this matter?
The goal of the scaling process is to give you the opportunity to grow your trading account gradually while maintaining discipline. When you request a reward before reaching +15% net profit, your ability to scale up your account is delayed. Scaling is designed to help you access more trading capital and increase your trade volume, which can lead to bigger opportunities.
Here’s How It Works:
Scaling milestone:
- To unlock scaling (a +30% capital increase), you need to achieve +15% net profit.
- If you request a reward before reaching that target, the reward amount is subtracted from your scaling progress.
Example:
Let’s say your starting balance is $100,000.
Your simulated account shows $10,000 in results, bringing your balance to $110,000.
You decide to request a reward of $6,000.
Your net profit is $4,000 ($10,000 minus $6,000).
To reach the +15% scaling milestone, your simulated account needs $11,000 more in results (bringing your net profit to $15,000).
Scaling is Based on Your Net Growth, Not Just ResultsIt’s essential to understand that scaling isn’t just about the total results on your simulated account. It’s about net growth. Your net growth takes into account any rewards you request or any losses, so it’s important to think strategically before requesting a reward.
If your goal is to scale your account and trade with larger volumes, reaching that +15% profit milestone is key. By keeping your results in the account and focusing on hitting the target, you can scale up your account and increase your capital. This allows you to trade with more volume, which can potentially lead to higher rewards and greater opportunities to grow your account.
Remember, the path to scaling your account is all about patience, strategy, and discipline. By continuing to trade consistently and avoiding early reward requests, you’ll be in a better position to hit the +15% milestone and unlock the potential for larger trades and bigger rewards.
Think of your journey as a marathon, not a sprint. Yes, requesting a reward early can be tempting, but if your long-term goal is to trade larger volumes and scale up your account, staying the course will provide you with more substantial growth opportunities. By sticking to the rules and focusing on your net growth, you’ll be well on your way to reaching your scaling milestones and achieving success in the Pivex Funded stage (Funded Trader stage).
If you ever need assistance or have any questions about the scaling process, feel free to reach out to us at support@pivex.com. We’re here to support you!