The Maximum Total Loss represents the total amount a trader can lose on their account.
At Pick Funded, the maximum total loss allowed is 6% of your initial account balance.
Example:
For a $100,000 account, the maximum total At Pick Funded, we strictly prohibit trading strategies that are considered "all or nothing" and
do not support any methods reliant on this type of trading. Additionally, strategies like order
layering—where positions are broken into smaller trades—are seen as abusive, as they
exploit simulated market environments by circumventing slippage and distorting the
accuracy of real market replication. In particular, placing more than 6 layered orders based
on the same trade idea, with a combined risk exposure exceeding 3%, will fall under this
restricted category. Such actions are regarded as attempts to manipulate the trading
environment by bypassing proper risk management and distorting the true replication of live
market conditions. These practices violate our trading policies and compromise the integrity
of our platform.At PickFunded, we strictly prohibit trading strategies that are considered "all or nothing" and
do not support any methods reliant on this type of trading. Additionally, strategies like order
layering—where positions are broken into smaller trades—are seen as abusive, as they
exploit simulated market environments by circumventing slippage and distorting the
accuracy of real market replication. In particular, placing more than 6 layered orders based
on the same trade idea, with a combined risk exposure exceeding 3%, will fall under this
restricted category. Such actions are regarded as attempts to manipulate the trading
environment by bypassing proper risk management and distorting the true replication of live
market conditions. These practices violate our trading policies and compromise the integrity
of our platform.At PickFunded, we strictly prohibit trading strategies that are considered "all or nothing" and
do not support any methods reliant on this type of trading. Additionally, strategies like order
layering—where positions are broken into smaller trades—are seen as abusive, as they
exploit simulated market environments by circumventing slippage and distorting the
accuracy of real market replication. In particular, placing more than 6 layered orders based
on the same trade idea, with a combined risk exposure exceeding 3%, will fall under this
restricted category. Such actions are regarded as attempts to manipulate the trading
environment by bypassing proper risk management and distorting the true replication of live
market conditions. These practices violate our trading policies and compromise the integrity
of our platform.At PickFunded, we strictly prohibit trading strategies that are considered "all or nothing" and
do not support any methods reliant on this type of trading. Additionally, strategies like order
layering—where positions are broken into smaller trades—are seen as abusive, as they
exploit simulated market environments by circumventing slippage and distorting the
accuracy of real market replication. In particular, placing more than 6 layered orders based
on the same trade idea, with a combined risk exposure exceeding 3%, will fall under this
restricted category. Such actions are regarded as attempts to manipulate the trading
environment by bypassing proper risk management and distorting the true replication of live
market conditions. These practices violate our trading policies and compromise the integrity
of our platform. loss is 6% of the initial balance, which equals $6,000. This means your account equity, including unrealized or floating positions, must not fall below $92,000 ($100,000 – $6,000 = $93,000).
It’s essential to manage your trades carefully to stay within this loss limit and maintain account viability.