How your account, and your risk, are actually managed
This page covers fund and account management only — position sizing, automatic pauses, deposits and withdrawals, and fee mechanics. It does not describe how the system times individual trade entries or exits; that logic is PipWallet's confidential, proprietary IP under the signed Agreement, the same way a fund manager doesn't publish their exact playbook.
Trade size scales with your balance, automatically
There is no single fixed lot size. The system recalculates continuously, so as your balance grows or is topped up, position size adjusts without any action from you.
| Account balance | Trade size (lots) | Amount risked / targeted per trade |
|---|---|---|
| $0 – $199 | 0.01 | $10 |
| $200 – $299 | 0.02 | $20 |
| $300 – $399 | 0.03 | $30 |
| Every further $100 | +0.01 | +$10 |
Example: a $450 balance sits in the $400–$499 tier, so the system trades 0.04 lots, targeting $40 of risk and $40 of reward — a 1:1 risk-to-reward framework on every trade. Trade size always rounds to what your broker allows. This tiered structure is why a $200 minimum deposit is required — it's the smallest balance at which the framework operates as designed.
Automatic checks, before and during every trade
None of these can be skipped by market conditions, and none require input from you or PipWallet staff to activate.
One trade at a time
Never more than one open position. A new trade won't open while a previous one is still running.
Daily trade cap — 3
At most three trades open per calendar day. Once reached, the system stops and resumes the next day.
Spread filter
If the live spread is wider than a set maximum at signal time, that trade opportunity is skipped entirely.
Post-trade cooldowns
15 minutes after a losing or breakeven trade, 25 minutes after a win, before another trade is considered.
"First two wins" rule
If the first two closed trades of the day are both wins, no further trades open that day — locking in the result.
Daily drawdown limit — 20%
If live equity falls 20% or more below the day's opening balance, all trading halts immediately until the next day.
Automatic profit-target pause
Each session, the system records the balance at that moment and tracks realised profit from trades opened during it. If realised profit reaches 20% of the session-start balance, any open position is closed and no further trades open for the rest of that session.
If a losing stretch comes first, the system must recover that loss and then reach the full 20% gain — the target doesn't get easier after a loss. Example: a $1,000 session down $50 needs to recover that $50 and then gain a further $200 — a net +$200 — before the target is met.
Weekend protection
Any open position is automatically closed ahead of the market's weekly close, so your account never carries an open trade into the weekend — when prices can gap sharply before the market reopens.
When the system pauses itself
| Trigger | What happens | Resumes |
|---|---|---|
| Daily drawdown reaches 20% | All trading halted for the account | Next day |
| Daily trade cap (3) reached | No further trades opened | Next day |
| First 2 closed trades both wins | No further trades opened | Next day |
| Session profit target (+20%) hit | Open trade closed; no further trades that session | Next session |
| After every closed trade | Short cooldown before next trade is considered | 15–25 min |
| Spread too wide at signal time | That trade opportunity is skipped | Next check |
| Approaching weekly market close | Any open position is closed | Next session |
Deposits and withdrawals, on your schedule
You remain free to deposit or withdraw at any time, directly through your broker. PipWallet is never involved in the mechanics of either.
The system tells deposits and withdrawals apart from trading results
A deposit is never mistaken for trading profit and won't distort your daily drawdown allowance or session target. A withdrawal is never mistaken for a loss and won't incorrectly trigger a drawdown halt. Your day-open and session-start balances adjust automatically in the background.
A note on mid-week withdrawals
If a withdrawal brings your balance below what the system needs to trade safely at its current position size, PipWallet reserves the right to pause trading until the account is topped back up — as set out in your signed Agreement.
Safeguards persist through restarts
PipWallet runs your account on dedicated VPS infrastructure — an always-on hosting environment independent of your personal device or connection. Your drawdown status, trade count, active cooldowns, and session progress are continuously saved to persistent storage, not just held in memory.
If the VPS or terminal ever needs to restart, all of this state is restored exactly as it was — a restart can never accidentally cancel a drawdown halt or reset a cooldown early. PipWallet is responsible for securing and maintaining this infrastructure.
Alerts
Automatic notifications fire when: the daily drawdown limit is reached, a session profit target is hit, the system restarts, or connection to the broker is lost.
How the performance fee is actually calculated
- Each Trading Week (Monday's open to Friday's close), PipWallet reviews your account's trading history and equity to determine net trading profit, adjusted for any deposits or withdrawals made that week.
- You're notified in writing — WhatsApp or email — within a few business days of the week closing.
- Profitable week: you keep the larger share (60%), PipWallet is paid 40%. Flat or losing week: no fee, ever.
- The fee becomes due whenever you withdraw profit, within the timeframe stated in your signed Agreement.
What happens if a fee isn't paid on time
Trading is paused on the account until the outstanding fee is settled. The exact deadlines and consequences are set out in full in your signed Agreement — read them before you begin.
A reminder on risk
All of the safeguards on this page reduce and structure risk — they do not remove it. Trading gold on margin carries a high level of risk and can result in the loss of some or all of the funds in your account. Past performance is not indicative of future results, and no specific outcome is guaranteed in any given day, week, or period. Only fund your account with money you can afford to lose.