Trading challenges often test your skills, patience, and strategic acumen. But what if you could gamify your journey, making every trade a step closer to significant rewards? That’s exactly where the concept of "Levels" comes into play.
In this blog, we’ll explore everything you need to know about Levels, a structured, step-by-step approach that not only measures your progress but also encourages careful trading and strategic decision-making.
Reimagining Trading from the Ground Up
At its core, Levels addresses a challenge that has plagued traders for generations: the emotional burden of money-based trading.
By focusing purely on pips rather than monetary values, Levels removes the psychological barriers that often hold traders back from reaching their full potential.
This innovative approach allows traders to focus solely on what matters most, executing their strategy and building consistent results.
Understanding a Level in Levels
A Level is an integral part of a trading challenge. Think of it as a milestone that marks your progress toward achieving your ultimate goal: reaching payout stages. At the beginning of a Level, you choose a pip target, a numerical goal that aligns with your risk tolerance and trading style.
Key Features of Levels
1. Flexibility:
- You decide your pip target at the start of each Level, ranging from 20 to 200 pips.
- This lets you tailor the challenge to your strategy, whether you prefer a conservative or aggressive approach.
- With NO swaps, NO risk per trade, NO commissions, NO time limit and NO weekend trading restrictions. You have the freedom to trade your way, anytime, anywhere.
2. Progression Mechanics:
- You advance to the next Level by reaching your pip target.
- If you lose all your pips, you move down a Level but are not eliminated unless you lose all your 3 “lives” (you have three lives). Therefore, you can fail level 1 three times before you’re eliminated.
3. No Limits on Progression:
- There’s no cap on the number of Levels you can achieve, keeping the journey open-ended and motivating.
4. Strategic Decisions:
- Each Level demands calculated risks and careful pip management, ensuring traders hone their skills while pursuing rewards.
How Does Levels Work?
Levels operate on a simple premise: accumulate enough pips to double your starting amount at each Level to move forward. Let’s break it down further:
Step-by-Step Process
1. Starting a Level:
- Begin with a specific number of pips (e.g., 100).
- Set your pip target based on your confidence and strategy.
2. Accumulating Pips:
- Each successful trade contributes to your pip total.
- Trades with losses reduce your available pips.
3. Advancing to the Next Level:
- Once you double your starting pips, you automatically level up.
- For example, starting with 100 pips requires you to reach 200 pips to move to the next Level.
4. Handling Losses:
- If you lose all your pips, you move down one Level but are not eliminated unless you lose all your 3 “lives” (you have three lives).
- You can fail Level 1 up to three times before being eliminated, providing multiple opportunities to recover and continue the challenge.
5. Automated System Management:
- The system closes all trades automatically when you reach the pip target for a Level, ensuring seamless progression.
Who is Levels For?
Levels is perfect for:
- New traders looking to develop proper risk management habits
- Experienced traders seeking a pure focus on strategy
- Anyone wanting to prove their trading skills without emotional barriers
- Traders looking to build consistent profits through methodical progression
Benefits of Levels
1. Encourages Strategic Thinking:
Every pip counts toward doubling your stake, naturally discouraging reckless trading. This helps traders learn to balance aggression and caution, honing their pip management skills in the process.:
2. Gamifies the Trading Process:
Clear milestones and a direct sense of progression make trading more engaging, while the satisfaction of advancing through Levels keeps motivation high.:
3. Provides Second Chances:
Instead of disqualifying you for a large drawdown, Levels only move you back to a lower Level. This lets you regroup, learn from mistakes, and continue refining your strategies.:
4. Offers an Open-Ended Challenge:
The structure of Levels encourages continuous learning and growth without an abrupt end, giving traders the freedom to keep pushing forward.:
5. Delivers Unlimited Potential:
With no maximum or daily drawdown, no swaps, no risk per trade, no commissions, no time limit, and no weekend trading restrictions, you’re free to trade on your own terms. This flexibility allows for deeper experimentation and ongoing improvement of your approach.:
Conclusion
Levels is a powerful framework that transforms trading challenges into a structured and motivating journey. By allowing traders to set their targets, manage their risk, and progress at their own pace, Levels offer an unparalleled opportunity to develop trading skills while aiming for substantial rewards.
Levels is a powerful framework that transforms trading challenges into a structured and motivating journey. By allowing traders to set their targets, manage their risk, and progress at their own pace, Levels offer an unparalleled opportunity to develop trading skills while aiming for substantial rewards.
FAQs
What Are “Pips Available”?
"Pips Available" represents the number of pips you have left to risk within your current Level. Understanding this concept is crucial for managing trades effectively.
Example:
- Starting with 100 pips, you set a trade with a 40-pip stop loss.
- These 40 pips become tied up, leaving you with 60 pips available for additional trades.
- Once the trade closes, the system recalculates your total pips.
Proper pip management allows traders to stay in the game longer and improve their chances of leveling up.
What happens if I lose all my pips?
If you lose all your pips at any level beyond Level 1, you simply drop down to the previous level and get another chance. However, if you lose all pips at Level 1, you'll need to start a new challenge. This system encourages careful risk management while providing multiple opportunities for success.
How are pips counted?
The system counts pips from both open and closed positions, summing up all your pips for the current level. You can accumulate pips through multiple trades – for example, ten trades with 1 pip profit each will give you 10 pips toward your target. Both profits and losses are tracked, and your progress depends on the net pips accumulated at your current level.
How much can I risk per trade?
In Levels, you're only risking pips, not money. Your available pips (shown on the right dashboard) determine your maximum risk per trade. For example, with 100 available pips, you could set a trade with a 20-pip stop loss, leaving you with 80 pips for additional trades.
