Suppose we have two norms,
$p_{1}:V\to{}\mathbb{R}, \qquad{} \text{ and } \qquad{} p_{2}:V\to{}\mathbb{R}$,
defined on a finite dimensional vector space $V$.
Since all norms on a finite dimensional vector space are equivalent, $p_{1}$ and $p_{2}$ are equivalent.
However, when we let $x,y\in{}V$, is it also correct that if $p_{1}(x)\geq{}p_{1}(y)$ then $p_{2}(x)\geq{}p_{2}(y)$ ?
No, in general you need some futher scaling. If $c, C > 0$ are constants so that $cp_1 \le p_2 \le C p_1$ is satisfied, then $p_1(x) \ge p_1(y)$ implies $$p_2(x) \ge cp_1(x) \ge cp_1(y) \ge \frac{c}{C} p_2(y).$$
For example, consider $\mathbb{R}^2$ with $p_1( \cdot) = \| \cdot \|_\infty$, $p_2(\cdot) = \|\cdot\|_1$, $x = (1, 0)$ and $y = (1, 1)$. Then $p_1(x) = 1 \ge 1 = p_1(y)$, but $p_2(x) = 1 < 2 = p_2(y)$.