What if I withdraw profits before reaching the scaling milestone?
Modified on Wed, 28 May at 3:44 AM
Withdrawing profits 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 If you choose to withdraw profits early, the withdrawn amount will be subtracted from your scaling milestone.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 withdraw funds 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- If you withdraw any portion of your profits before reaching that target, the withdrawn amount is subtracted from your scaling progress.
Example:
Let’s say your starting balance is $100,000.
You earn $10,000 in profit, bringing your balance to $110,000.
You decide to withdraw $6,000.
Your net profit is $4,000 ($10,000 minus $6,000).
To reach the +15% scaling milestone, you’ll need to earn $11,000 more (bringing your net profit to $15,000).
Scaling is Based on Your Net Growth, Not Just Profits
It’s essential to understand that scaling isn’t just about the total amount of profit you generate. It’s about net growth. Your net growth takes into account any withdrawals or losses, so it’s important to think strategically before withdrawing funds from your account.
If your goal is to scale your account and trade with larger volumes, reaching that +15% profit milestone is key. By keeping your profits 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 earnings 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 withdrawals, you’ll be in a better position to hit the +15% milestone and unlock the potential for larger trades and bigger profits.
Think of your journey as a marathon, not a sprint. Yes, withdrawing profits 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 Traders 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!
Was this article helpful?
That’s Great!
Thank you for your feedback
Sorry! We couldn't be helpful
Thank you for your feedback
Feedback sent
We appreciate your effort and will try to fix the article