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The5ers - Trading & Growth Program

  • #1,041
  • Feb 15, 2021 1:16pm Feb 15, 2021 1:16pm
best laugh i have had on FF in a while haha

OutThere Vs. Pipmaster

E.Savant Vs. Techanalyst as the halftime side show. Wonderful.

Very interested to see how the challenge plays out.

PS. OuTthere, leave Pip's beautiful wife alone!!!
  • #1,042
  • Edited 1:49pm Feb 15, 2021 1:37pm | Edited 1:49pm
For Those Who Are Still Arguing About Funded Account VS Persona Account
here is a clear simple math that we can do based on the funded account company rules:
for the5er Prop Firm :
suppose that i have two accounts ( my personal & my 5er) using same strategy .
so, for the first month of the evaluation on the5er account , i have a target 7% of $20.000 (it's $1400 , that's %175 of my sign up fees) and %4 max drawdown (that's my own $875).
when get funded the target is %10 for %4 max drwdown . again that's %250 target of my personal account.

the table below is clearing the scaling plan :

***************mypersonal*** target******** the5er******* target****** profit/s/5er
start ------------------875--------- 175% ------------20.000 ----------7%------------- 1000
end of month*1----- 2400-------- 250%---------- 80.000 ------- --10% -------------4000
end of month*2------8400------- 250% ----------160.000---------- 10%-------------8000
end of month*3----- 29400------- 250%----------320.000---------- 10% ------------16000.
end of month*4---- 102900------ 250%---------- 640.000-----------10%------------ 32000
end of month*5---- 360150----------------------- 12.80.000 ............................... $61,000


As shown above .if I after five month decided to stop trading the two accounts , the result will be :
the5er account : about $61,000 in real cash
my personal : about $360,150 in real cash
even if i decided to continue trading using the same strategy , my profit on personal account would be about $900.000 for every $64,000 on my 5er account gain.

Of course every Prop firm has it's own mathematical illustration based on their rules, FTMO different from the5er ..... etc .

and again that's is just mathematical illustration.
  • #1,043
  • Feb 15, 2021 2:40pm Feb 15, 2021 2:40pm
Quoting Feelas
For Those Who Are Still Arguing About Funded Account VS Persona Account here is a clear simple math that we can do based on the funded account company rules: for the5er Prop Firm : suppose that i have two accounts ( my personal & my 5er) using same strategy . so, for the first month of the evaluation on the5er account , i have a target 7% of $20.000 (it's $1400 , that's %175 of my sign up fees) and %4 max drawdown (that's my own $875). when get funded the target is %10 for %4 max drwdown . again that's %250 target of my personal account. the table...
lol. Here we go again. So you are going to turn $875 into $360K in 5 months. Your more insane than the rest of them. What everyone fails to realize is that SIMUTANEOUSLY while being paid your split, every 10% doubles your account. On your personal account, well 10% equals, well 10%. To top it off, you must leave your profits in there. If I pay $875 to the 5%ers and I make gains of 7,10,10,10 and 10% (approx 47% TOTAL) I now have a 1.28 million dollar asset capable of paying $12,800 per month with only a 2% gain. Along the way, I will have also earned $92K+ in profit splits You think the better route is to turn $875 into $360K in 5 months? I literally cannot believe some of the stuff I read on here.
  • #1,044
  • Feb 15, 2021 2:43pm Feb 15, 2021 2:43pm
Quoting Feelas
end of month*5---- 360150----------------------- 12.80.000 ............................... $61,000 .
could you show us end of month 24 ?
just curious if there is any money left in the markets ...
  • #1,045
  • Feb 15, 2021 2:45pm Feb 15, 2021 2:45pm
Quoting bradu
{quote} could you show us end of month 24 ? just curious if there is any money left in the markets ...
Exactly. He now owns all of the money in the world.
  • #1,046
  • Feb 15, 2021 3:01pm Feb 15, 2021 3:01pm
Loooooooool you guys, i said that is just mathematical illustration. Agree or Disagree, it's real.
but if you ask me ! I would prefer to go with prop firms. For Many Reasons.
  • #1,047
  • Feb 15, 2021 3:31pm Feb 15, 2021 3:31pm
Quoting Feelas
Loooooooool you guys, i said that is just mathematical illustration. Agree or Disagree, it's real. but if you ask me ! I would prefer to go with prop firms. For Many Reasons.
But, it's not real. Everyone who tries to make this comparison used the DD allowed by the 5%ers vs. the full amount being used in a personal account. Are there no DD rules on your personal account? if not, the point is mute as that account will not exist for long. If it's let's say even 20%, then you must use $175 (875*.2) In other words, if we are comparing the DD only of the 5%ers, to make an accurate comparison we should only use the DD you're going to allow yourself on a personal account, correct?
  • #1,048
  • Feb 15, 2021 4:11pm Feb 15, 2021 4:11pm
Quoting pipmaster77
{quote} But, it's not real. Everyone who tries to make this comparison used the DD allowed by the 5%ers vs. the full amount being used in a personal account. Are there no DD rules on your personal account? if not, the point is mute as that account will not exist for long. If it's let's say even 20%, then you must use $175 (875*.2) In other words, if we are comparing the DD only of the 5%ers, to make an accurate comparison we should only use the DD you're going to allow yourself on a personal account, correct?
No pipmaster, it's not correct coz the 4%DD allowed by the 5ers is actually your sign up fees and it's $875 if your drawdown goes below it they kick you out. so, that's 100% DD for you and you are required to make $1400 profits without losing $800 to keep you a live .
you actually risking $875 to get $1400 (that's 160% target not 7%).

again i am talking here about the Math and it's Real.
  • #1,049
  • Feb 15, 2021 4:22pm Feb 15, 2021 4:22pm
Quoting Feelas
{quote} No pipmaster, it's not correct coz the 4%DD allowed by the 5ers is actually your sign up fees and it's $875 if your drawdown goes below it they kick you out. so, that's 100% DD for you and you are required to make $1400 profits without losing $800 to keep you a live . you actually risking $875 to get $1400 (that's 160% target not 7%). again i am talking here about the Math and it's Real.
Once again, I am trading 20K to 21,400 without going above 4% DD. If you are trying to turn your $875 into $1400 on personal account, what is your DD limit? Please don't tell me it's the full $875. Once you complete that, you have $1,400. I now have an 80K account. Everyone tries this play on words, the DD allowed on the 5%ers is equal to 100% of your personal account, DD doesn't matter on the personal account. C'mon you guys are supposed to be traders. Math is a pretty important skill. Everyone posing this argument is stating it is easier to earn 600% on a personal account than it is to earn 47% on the 5%ers without violating 4% DD. Trade 0.25% per trade, you'll never hit the 4%. If you're DD goes above $875 on your personal account, they kick you out too. If you allow it to go to 50%, you need toearn a 100% return to get back to even.
  • #1,050
  • Feb 15, 2021 4:30pm Feb 15, 2021 4:30pm
Maybe a visual will help you folks. I'm not sure I can explain it any clearer.

Inserted Video


Go to around the 3 minute mark
  • #1,051
  • Feb 16, 2021 12:31am Feb 16, 2021 12:31am
Quoting pipmaster77
Maybe a visual will help you folks. I'm not sure I can explain it any clearer. Go to around the 3 minute mark
I already cleared the scaling plan on a table above.
You cannot cancel the truth just because you don't like it . and after all we both prefer prop firm than personal account, so no visual argument here.

btw, i am trading my trial account on other prop firm.

wish you success.
  • #1,052
  • Feb 16, 2021 1:02am Feb 16, 2021 1:02am
I am a new sign up to The5rs. I noticed yesterday that the Spread on currencies jumped higher by 6.00pm to midnight (GMT+1). E.g GBPUSD 4.8 pips instead of 1.1 I used to see. Can someone help explain the reasons for the spread so wide?
  • #1,053
  • Feb 16, 2021 6:10am Feb 16, 2021 6:10am
Quoting pipmaster77
{quote} Once again, I am trading 20K to 21,400 without going above 4% DD. If you are trying to turn your $875 into $1400 on personal account, what is your DD limit? Please don't tell me it's the full $875. Once you complete that, you have $1,400. I now have an 80K account. Everyone tries this play on words, the DD allowed on the 5%ers is equal to 100% of your personal account, DD doesn't matter on the personal account. C'mon you guys are supposed to be traders. Math is a pretty important skill. Everyone posing this argument is stating it is easier...
You explained it in a very simple effective way. Dont sweat it. A lot of newbies have no clue about basic math. Some of these traders here are either from other firms trying to take clients from the5ers, OR they are newbies still trading demo account and never traded live account with their own money before. Im trading my account with 5ers and is going good. Its challenging but good opportunity. I have my personal account too ive been trading for years. Trade safe.
  • #1,054
  • Feb 16, 2021 6:43am Feb 16, 2021 6:43am
Quoting Techanalyst
{quote} Im trading my account with 5ers .
Then ya, the allowed DD on that account is 4% from 20.000 it's $800. (that's even less than your signup fees $875). if you are going to discuss the scaling plan, see the table above. and yes it's real.
I know the 5ers is a real business, so i'm not here to throw up doubts. and soon i will also be joining it.
  • #1,055
  • Feb 16, 2021 6:45am Feb 16, 2021 6:45am
Quoting Feelas
{quote} Then ya, the allowed DD on that account is 4% from 20.000 it's $800. (that's even less than your signup fees $875). if you are going to discuss the scaling plan, see the table above. and yes it's real. I know the 5ers is a real business, so i'm not here to throw up doubts. and soon i will also be joining it.
You get $20,000 to trade with, than 40,000, 80,000 and so on.
  • #1,056
  • Feb 16, 2021 8:40am Feb 16, 2021 8:40am
If you speak Spanish, you don't want to miss this one.

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We are Forex traders - Come trade with us
  • #1,057
  • Feb 16, 2021 10:55am Feb 16, 2021 10:55am
There you go again....You think you are so great and maybe you are...but you need a dose of humbleness that only the market can give you...
You are destroying this thread with your bitterness which seems to persist day & night. What is wrong Techanalyst? your trading not going so well or are you just miserable?

I hope you realize early on in your trading career the importance of humbleness.

ES

Quoting Techanalyst
{quote} You explained it in a very simple effective way. Dont sweat it. A lot of newbies have no clue about basic math. Some of these traders here are either from other firms trying to take clients from the5ers, OR they are newbies still trading demo account and never traded live account with their own money before. Im trading my account with 5ers and is going good. Its challenging but good opportunity. I have my personal account too ive been trading for years. Trade safe.
  • #1,058
  • Edited 11:47am Feb 16, 2021 11:03am | Edited 11:47am
Quoting ElectricSavant
There you go again....You think you are so great...you need a dose of humbleness that only the market can give you... You are destroying this thread with your bitterness. What is wrong Techanalyst? your trading not going so well? I hope you realize early on in your trading career the importance of humbleness. ES {quote}
.
  • #1,059
  • Feb 16, 2021 11:09am Feb 16, 2021 11:09am
You sad sad little boy or girl....I can only pray for you.

Good Trading to you and I pray for humbleness for myself mostly.

ES

Quoting Techanalyst
{quote} Trading is going very well here, for over six years now full time. Like I said, you don't like what I post, go cry to mommy. Also ElectricSavant, go F yourself.
  • #1,060
  • Feb 16, 2021 11:16am Feb 16, 2021 11:16am
https://cdn.hsbc.com.my/content/dam/...n-20210216.pdf

EURUSD bullish.
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