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The5ers - Trading & Growth Program

  • #821
  • Jan 6, 2021 6:39am Jan 6, 2021 6:39am
Get your free trading plan: https://the5ers.com/trading-plan/

Building your personal forex trading plan - Download your free sample

In this video, we go through the process of building a personal trading plan. This is one of many modules on the Prop Trading Course available for free for The5ers traders.

Inserted Video
We are Forex traders - Come trade with us
  • #822
  • Jan 7, 2021 7:51am Jan 7, 2021 7:51am
Amazing free trading plan PDF, Thanks a lot The5ers
  • #823
  • Jan 7, 2021 9:29pm Jan 7, 2021 9:29pm
My god I could do so much with your capital. Too bad your drawdown rules are just super awful
Master your mind. Master Trading.
  • #824
  • Jan 9, 2021 12:50am Jan 9, 2021 12:50am
Quoting KareemAliFx
My god I could do so much with your capital. Too bad your drawdown rules are just super awful
Hey KareemAliFx

Thanks for your comment
Every trader has his own way of trading, and everyone chooses according to what suits him, we at The5ers are all forex traders and built the model according to our experience.
One thing many traders lack is proper risk management. Mastering risk management is the key to become a consistent & successful trader.
When you have a 4% drawdown, your trading management is much more responsible.
A small drawdown will protect you from extensive losses.
I wish you success!
We are Forex traders - Come trade with us
  • #825
  • Jan 9, 2021 5:25am Jan 9, 2021 5:25am
Quoting KareemAliFx
My god I could do so much with your capital. Too bad your drawdown rules are just super awful
If you know how to trade with a good money management, you can sign up with the5ers, make the amount that you need within 6 months and you get more everytime you make the amount on the list. IF you are a trader that gets into a drawdowns, that is not a good money management and you will lose your whole account eventually. The5ers offer the best deal for us retail traders. You will not find this anywhere. If this is not for you, than use your own $50,000 and put it into trading and you can go into drawdowns and so on. Trade safe.
  • #826
  • Jan 10, 2021 8:38am Jan 10, 2021 8:38am
Gil Ben Hur will prepare us for this new year from a Supply and Demand perspective. He will highlight key levels on the market to take advantage of.

Register Here: https://zoom.us/webinar/register/WN_...S8qmzzZMLnHYaA

Attached Image (click to enlarge)
Click to Enlarge Name: Supply and Demand for 2021 Gil Ben Hur Webinar (1).png Size: 40 KB
We are Forex traders - Come trade with us
  • #827
  • Jan 10, 2021 8:47am Jan 10, 2021 8:47am
Quoting Techanalyst
{quote} If you know how to trade with a good money management, you can sign up with the5ers, make the amount that you need within 6 months and you get more everytime you make the amount on the list. IF you are a trader that gets into a drawdowns, that is not a good money management and you will lose your whole account eventually. The5ers offer the best deal for us retail traders. You will not find this anywhere. If this is not for you, than use your own $50,000 and put it into trading and you can go into drawdowns and so on. Trade safe.
Lol no thanks i use to trade with 2 ftmo funded accounts and both had 10% drawdown rules. 10% is not the best but it is ideal for me since the capital was 100k I’m not going back to trading props strictly because I rather hold positions through weekends as I am a trend trader/ swing trader. If I were to go back I rather stick with them
Master your mind. Master Trading.
  • #828
  • Jan 10, 2021 11:55am Jan 10, 2021 11:55am
Quoting KareemAliFx
{quote} Lol no thanks i use to trade with 2 ftmo funded accounts and both had 10% drawdown rules. 10% is not the best but it is ideal for me since the capital was 100k I’m not going back to trading props strictly because I rather hold positions through weekends as I am a trend trader/ swing trader. If I were to go back I rather stick with them
lol. So what was the point of your original post and entire interaction with 5%ers? I am a swing trader as well, with both FTMO and 5%ers. Just a matter of adjusting position size. 5%ers can hold over weekend, FTMO no. So you close and reopen Sunday night, you may miss the occasional gap in your favor, but you also miss the gap not in your favor.
  • #829
  • Jan 10, 2021 12:12pm Jan 10, 2021 12:12pm
Quoting pipmaster77
{quote} lol. So what was the point of your original post and entire interaction with 5%ers? I am a swing trader as well, with both FTMO and 5%ers. Just a matter of adjusting position size. 5%ers can hold over weekend, FTMO no. So you close and reopen Sunday night, you may miss the occasional gap in your favor, but you also miss the gap not in your favor.
Closing trades on weekends make me lose a solid entry simple as that.
Master your mind. Master Trading.
  • #830
  • Jan 10, 2021 1:25pm Jan 10, 2021 1:25pm
Quoting KareemAliFx
{quote} Closing trades on weekends make me lose a solid entry simple as that.
Haha if your entry is so solid and swing trader 10-20 pips should not make any difference. If 10-20 pips matters than you are scalper you should close the trade.
Talk with statistics how many times in last 52 weeks a pair significantly gapped.
  • #831
  • Jan 10, 2021 1:43pm Jan 10, 2021 1:43pm
i would like to know how many people who trade successfully with 5%ers for a period of at least 1 year? as a percentage

the numbers they expect one to trade with are almost ridiculous .. 4% DD? how many traders perform to that level?
  • #832
  • Jan 10, 2021 1:56pm Jan 10, 2021 1:56pm
Quoting sampat
{quote} Haha if your entry is so solid and swing trader 10-20 pips should not make any difference. If 10-20 pips matters than you are scalper you should close the trade. Talk with statistics how many times in last 52 weeks a pair significantly gapped.
HAHA that is where you are wrong! dead cat bounce/pull backs happen and can be 200+ pip when im deep in profit for weeks/months This i dont worry about and add to my positions.
Master your mind. Master Trading.
  • #833
  • Jan 10, 2021 2:00pm Jan 10, 2021 2:00pm
Quoting KareemAliFx
{quote} HAHA that is where you are wrong! dead cat bounce/pull backs happen and can be 200+ pip when im deep in profit for weeks/months This i dont worry about and add to my positions.
Please back your statement with evidence. Tell me how many times market went 200+pip up or down. Your logic is absurd. Market can go to infinite like you are already billionaire
  • #834
  • Jan 10, 2021 2:04pm Jan 10, 2021 2:04pm
Quoting KareemAliFx
{quote} HAHA that is where you are wrong! dead cat bounce/pull backs happen and can be 200+ pip when im deep in profit for weeks/months This i dont worry about and add to my positions.

hey there's a program that i am on like a funded style thing there is a whole thread on it if you are interested take a look https://www.forexfactory.com/thread/...1#post13342871
  • #835
  • Jan 10, 2021 2:06pm Jan 10, 2021 2:06pm
Quoting allinazi
i would like to know how many people who trade successfully with 5%ers for a period of at least 1 year? as a percentage the numbers they expect one to trade with are almost ridiculous .. 4% DD? how many traders perform to that level?
It's not about performing to a particular level -- rather, it's about adjusting your trading strategy to minimize DD instead of maximizing profit. If you can adapt, then you'll appreciate what they offer. If you can't adapt, then you'll complain.

Keep in mind their business model is not to give money away to traders to lose. That would not be a good business model. Give them credit for finding a "sweet spot" where both traders and they can profit. If their "sweet spot" doesn't suit your trading style, then it doesn't suit your trading style.
  • #836
  • Jan 10, 2021 2:09pm Jan 10, 2021 2:09pm
Quoting sampat
{quote} Please back your statement with evidence. Tell me how many times market went 200+pip up or down. Your logic is absurd. Market can go to infinite like you are already billionaire
it happens... all the time? oh i see now you don't understand how pip is calculated
Master your mind. Master Trading.
  • #837
  • Jan 10, 2021 2:12pm Jan 10, 2021 2:12pm
Quoting robots4me
{quote} It's not about performing to a particular level -- rather, it's about adjusting your trading strategy to minimize DD instead of maximizing profit. If you can adapt, then you'll appreciate what they offer. If you can't adapt, then you'll complain. Keep in mind their business model is not to give money away to traders to lose. That would not be a good business model. Give them credit for finding a "sweet spot" where both traders and they can profit. If their "sweet spot" doesn't suit your trading style, then it doesn't suit your trading style....

yes you are right there...

however it would still nice to see how many actually can do it over the course of a year +

lets be honest they are extremely restrictive parameters...
  • #838
  • Jan 10, 2021 2:17pm Jan 10, 2021 2:17pm
Quoting KareemAliFx
{quote} it happens... all the time? oh i see now you don't understand how pip is calculated
Again you are not answering because you are just blabering. You go and learn forex before making childish statement. Do you even understand what GAP means?
May be you are noob trader who misunderstood 2 pips with 200 pips. Go and eat some food to avoid trailing zeros
  • #839
  • Jan 10, 2021 2:39pm Jan 10, 2021 2:39pm
I'm chiming in to correct a previous statement I made several months ago. Nothing to do with the childish nonsense above.

I am finding the 1:6 margin requirements absolutely sufficient. It may not seem like a lot to some of you, but the difference between 1:5 and 1:6 has been substantial on opening up a trade on a tighter pair. I could always trade under the 1:5 margin requirement but also found it had the ability to hinder progress. 1:6 gives that extra latitude, cushioning trades on cross pairs like EURNZD or AUDNZD that opens slightly "larger" positions because of the lower value per pip.

I'd still like to see gold on here. That's the next issue I hope Gus tackles.
The best strategy is a profitable one.
  • #840
  • Jan 10, 2021 2:53pm Jan 10, 2021 2:53pm
Quoting sampat
{quote} Again you are not answering because you are just blabering. You go and learn forex before making childish statement. Do you even understand what GAP means? May be you are noob trader who misunderstood 2 pips with 200 pips. Go and eat some food to avoid trailing zeros
Oh no I read your comment and understand every question especially you asking me for proof which made me smile because you really think I’m going to prove some random person on the internet that I have success in forex ? I’m doing very well and no need to waste my energy on you good luck to you ! and hopefully you get pips !
Master your mind. Master Trading.
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