Introduction
TickTick Trader’s scaling system is designed to manage traders’ risk and ensure that their trading size is proportional to their account balance. This system helps traders gradually increase their position sizes as they grow their accounts, promoting disciplined and sustainable trading practices.
Key Components of the Scaling System
- Account Balance Thresholds
- The scaling system uses specific account balance thresholds to determine the maximum number of contracts a trader can open. As traders reach higher account balances, they are allowed to trade larger position sizes.
- Scaling Rules
- Each account type has predefined scaling rules that dictate the number of contracts traders can open at various account balance levels. This prevents traders from over-leveraging and helps manage risk effectively.
- Contract Limits
- Traders are restricted to a certain number of contracts based on their account balance. These limits are in place to ensure that traders do not take on excessive risk.
Example of the Scaling System
25K Starter Account
Account Balance | Max Contracts Allowed |
---|---|
$25,000 – $26,600 | 2 |
Higher than $26,601 | 4 |
50K Advanced Account
Account Balance | Max Contracts Allowed |
---|---|
$50,000 – $51,600 | 2 |
$51,601 – $55,000 | 5 |
$55,001 – $58,500 | 8 |
Higher than $58,501 | 10 |
100K Pro Account
Account Balance | Max Contracts Allowed |
---|---|
$100,000 – $102,100 | 3 |
$102,101 – $105,100 | 6 |
$105,101 – $108,500 | 10 |
Higher than $108,501 | 14 |
Implementation of the Scaling System
- Initial Contract Limits
- When traders start with their initial account balance, they must adhere to the contract limits set for that balance range.
- Account Growth
- As traders’ accounts grow due to successful trading, they are allowed to increase their contract sizes according to the scaling rules.
- Monitoring and Adjustments
- Traders must continuously monitor their account balance and adjust their position sizes accordingly. Failure to adhere to the scaling rules can result in warnings or penalties.
Benefits of the Scaling System
- Risk Management: The scaling system ensures that traders do not over-leverage their accounts, promoting sustainable trading practices.
- Discipline: By enforcing contract limits, the scaling system encourages traders to follow a disciplined approach to trading.
- Gradual Growth: Traders can gradually increase their position sizes as their account balances grow, aligning their risk exposure with their trading performance.
Discount Codes and Affiliate Link
To start trading with TickTick Trader and benefit from their scaling system, use the following discount codes:
Code | Discount | Account |
---|---|---|
CLEVER10 | $25 off | 10K DIRECT Account |
CLEVER25 | $50 off | 25K DIRECT Account |
CLEVER50 | $100 off | 50K DIRECT Account |
CLEVERTRADING | Extra 5% off | All 25K, 50K, and 100K Pro Accounts |
Use the affiliate link to sign up and take advantage of these discounts.
Conclusion
TickTick Trader’s scaling system is a well-structured approach to managing trading risk and promoting disciplined growth. By adhering to the scaling rules, traders can ensure sustainable trading practices and gradually increase their position sizes as their accounts grow. For more information and to start trading with TickTick Trader, visit their official website.