Pip Protector
The three-strike escalation system for the Max Risk rule on Simulated Funded Accounts.
The Pip Protector is an automated escalation system that manages how your Simulated Funded Account responds when you reach your Max Risk Limit. It uses a three-strike structure — each time the limit is reached, open positions are closed automatically, your risk allowance is reduced, and the consequences escalate.
How it works
The underlying Max Risk mechanic — the Reference Balance, Risk Window, and Cooling Down timer — is explained in the Max Risk article. The Pip Protector adds a layer on top of that mechanic: when the Max Risk Limit is reached, instead of immediately terminating the account, the system records a Strike and reduces your allowance.
The strike system
Each activation of the Pip Protector records a Strike. Strikes are permanent for the lifetime of the Simulated Funded Account and carry escalating consequences.
🚨 After the Pip Protector activates, do not open new positions until the 60-minute cooldown has fully completed. Trading before the cooldown finishes continues the same Risk Window and may immediately trigger the next, lower limit.
Dashboard indicator
When the Max Risk Limit is reached, positions are closed automatically, the card turns red, the strike count updates, and the cooldown begins. In the example below, Strike 1 has been recorded.
Example
This example uses a $10,000 account with a 2% Max Risk Limit, which is $200. The percentage differs between accounts, but the escalation works the same way on all of them.