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The5ers - Trading & Growth Program

  • #1,101
  • Mar 21, 2021 7:31am Mar 21, 2021 7:31am
Not gonna lie you guys need to rethink not allowing people to trade indices people are not coming here for you to give out trading advice I hope you'll take that as construction criticism

Quoting JsCave
you are more realistic to me more than Ftmo and others after i read your terms ... and your rules more realistic and easy to achieve
You are 100% correct in terms of the rules however they will not allow you to trade indices like FTMO does
  • #1,102
  • Mar 21, 2021 8:43am Mar 21, 2021 8:43am
Quoting Ross88
Not gonna lie you guys need to rethink not allowing people to trade indices people are not coming here for you to give out trading advice I hope you'll take that as construction criticism {quote} You are 100% correct in terms of the rules however they will not allow you to trade indices like FTMO does
Just trade currencies as is EURUSD, or AUDNZD whatever is available. Instead of trading GBP or USD or EUR indices, just trade one currency against other. Stocks, currencies, futures, it is all similar, just pick something to trade. They don't have indices available doesn't matter they have currencies available to trade.
  • #1,103
  • Mar 22, 2021 7:53am Mar 22, 2021 7:53am
Forex Trading Room on March 22 – 26, 2021

Here's today's recording Forex Trading Room Session.

Today We took a trade on EUR/USD to show how to manage an open position and the scaling out from a losing trade. Ended up making a small profit.

- We are happy to announce another improvement for making The5ers traders ’life better: Request a payout anytime, as often as you want, with no minimum or maximum threshold.

- New at The5ers - We are very excited to offer the MT5 platform. This new platform will enhance the trading experience of our traders.

Don't miss our new resource Forex Trading Ideas. Find the best setups in the market right now, improve your skills and have more confidence in your strategies, and engage with the trading community of forex traders

Enjoy!
We are Forex traders - Come trade with us
  • #1,104
  • Mar 23, 2021 12:58am Mar 23, 2021 12:58am
Another example of a great idea that worked

https://the5ers.com/trading-room-result-with-150-pips/

Friends do not miss There are quite a lot of great ideas on the trading ideas page.

Share your forex trade ideas and help others in our trading community
We are Forex traders - Come trade with us
  • #1,105
  • Edited 1:05pm Mar 23, 2021 12:54pm | Edited 1:05pm
I have a question. When someone hits the 6% target early (due to trending markets, maybe) and did not fulfill the minimum 20 trading days and/or 40 minimum trades, what happens? I read he is expected to keep trading until he fulfills the minimum but will he be able to cash in the extra profits in this case? FAQ seems to suggest yes, he gets to cash in the extra but on https://the5ers.com/evaluation-plans it says here under TARGETS OBJECTIVES that 'Every time you have successfully reached your profit target & objectives, your account is closed. Your profit earned during the program will be paid automatically at the nearest end of the month.'

Also, what if he does not wish to risk it and opt to trade 0.01 lots and close all at 1 pip or BE for the purpose of fulfilling the minimum trades and/or trading days? Will this be in breach of some rules or something?

ps:

I read under FAQ https://the5ers.com/faqs/ that 'The benefit is that you gain more profit to bank when you reach the minimum days and trades. Please note: all traders are required to continue using the same trading method, as our program is designed for you to show consistency and solid results'. Does this mean we can't scale down to 0.01 lots just to fulfill the minimum requirements when we've been using say 0.1 lots to hit the 6% target (even if we're using the same strategy)?

Thank you.
  • #1,106
  • Mar 24, 2021 1:48am Mar 24, 2021 1:48am
Quoting MaryAnne
I have a question. When someone hits the 6% target early (due to trending markets, maybe) and did not fulfill the minimum 20 trading days and/or 40 minimum trades, what happens? I read he is expected to keep trading until he fulfills the minimum but will he be able to cash in the extra profits in this case? FAQ seems to suggest yes, he gets to cash in the extra but on https://the5ers.com/evaluation-plans it says here under TARGETS OBJECTIVES that 'Every time you have successfully reached your profit target & objectives, your account is...
Hey MaryAnne

Despite what is written on the website, if you reached your target early, you could trade 0.01 lots for the purpose of fulfilling the minimum trades and trading days
We will soon announce a change in requirements in terms of the number of days and number of trades.
We are Forex traders - Come trade with us
  • #1,107
  • Mar 24, 2021 1:51am Mar 24, 2021 1:51am
Today - Correct Mindset for Traders Webinar

Gil Ben Hur will give pro mental tools for achieving maximum performance in trading. A correct mindset is key for success in trading.

Today - Mar 24, 2021, 09:00 AM in Eastern Time

Register Here for free:
https://zoom.us/webinar/register/WN_7ovtYXRmTYeLW1gDImmLsw

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We are Forex traders - Come trade with us
  • #1,108
  • Mar 25, 2021 5:04am Mar 25, 2021 5:04am
New at The5ers - MT5 Platform

We are very excited to introduce the MT5 platform and enhance the trading experience of The5ers traders.

The performance of the platform is better, and trade execution is more accurate. The visual design is similar to MT4.

On MT5, we can provide much more data for better market analysis.
Traders have more accessibility options, including a web browser to trade from anywhere.

We can also provide better protection against wide spreads for position and swing traders holding trades overnight and over the weekends.

Some extra great features:

More time frames available, including 2M, 2H.
Option to trade from the market watch.
Advance depth of market.
Excel reports.
More indicators.
6 types of pending orders.
Calendar and news on the chart.
Option to backtest on tick charts.

www.the5ers.com

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  • #1,109
  • Mar 26, 2021 5:27am Mar 26, 2021 5:27am
The5ers MT5 Platform - Live Spreads Stream.

The5ers is proud to present full transparency on our spreads and trading conditions.

Inserted Video


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  • #1,110
  • Mar 29, 2021 3:43am Mar 29, 2021 3:43am
Winning trade - Another example of a great trading idea, by Denislav D.

https://the5ers.com/eur-aud-long-setup/

Share your forex trade ideas and help others in our trading community.

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  • #1,111
  • Mar 29, 2021 7:53am Mar 29, 2021 7:53am
Forex Trading Room on 29th Mar – 2nd Apr 2021

Here's today's recording Forex Trading Room Session.

We analyzed a few pairs together according to the Supply and Demand method and by the traders’ request.

We discussed a great Quasimodo level mentioned a week ago, and it worked perfectly by providing an excellent profit.

Although the XAUUSD is not available in The 5%ers program, we analyzed this commodity and showed how Supply and Demand work on any market.

- We are happy to announce another improvement for making The5ers traders ’life better: Request a payout anytime, as often as you want, with no minimum or maximum threshold.

– New at The5ers – We are very excited to offer the MT5 platform. This new platform will enhance the trading experience of our traders. Click for the Live Spreads Stream.

- Don't miss our new resource, Forex Trading Ideas. Find the best setups in the market right now, improve your skills and have more confidence in your strategies, and engage with the trading community of forex traders.

Enjoy!

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  • #1,112
  • Mar 30, 2021 6:08am Mar 30, 2021 6:08am
Correct Mindset for Traders - Breaking Down the Trading Profession.

A correct mindset is key for success in trading, Gil Ben Hur giving pro mental tools for achieving maximum performance in trading.

Inserted Video
We are Forex traders - Come trade with us
  • #1,113
  • Mar 31, 2021 5:43am Mar 31, 2021 5:43am
The5ers MT5 Platform - Live Spreads Stream.

The5ers is proud to present full transparency on our spreads and trading conditions.

Inserted Video
We are Forex traders - Come trade with us
  • #1,114
  • Apr 1, 2021 7:50am Apr 1, 2021 7:50am
A winning trade - Another example of a great trading idea by Matteo A.

Visit our Forex Trading Ideas page: https://the5ers.com/trading-ideas/

Share your forex trade ideas, and help others in our trading community.

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  • #1,115
  • Apr 2, 2021 3:02am Apr 2, 2021 3:02am
I invite everyone to read Max Sydney's post, one of The5er's traders.

He wrote an interesting post about his experience and why he decided to go with The5ers.

https://bullishoncoffee.com/.../becoming-a-funded-fx.../

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  • #1,116
  • Apr 2, 2021 10:34pm Apr 2, 2021 10:34pm
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I've seen things you people wouldn't believe
  • #1,117
  • Apr 3, 2021 6:10pm Apr 3, 2021 6:10pm
Just want to sincerely thank The 5%ers for the hard copy of the Trading Journal that arrived in my mailbox just this week.

Happy Easter!
Amor Fati--F. Nietzsche
  • #1,118
  • Apr 3, 2021 6:32pm Apr 3, 2021 6:32pm
Quoting doji
Just want to sincerely thank The 5%ers for the hard copy of the Trading Journal that arrived in my mailbox just this week. Happy Easter!
I second that motion your honor.

Got mine too. Nice touch 5%ers
Pride always comes before destruction.... -Proverbs 16:18
  • #1,119
  • Apr 4, 2021 12:43am Apr 4, 2021 12:43am
Weekly trade Idea for USD/CAD

Week: 5-9.04.2021

Key event: CAD. Employment Rate

Measure of the change in the number of employed people in Canada. Generally speaking, a rise in this indicator has positive implications for consumer spending which stimulates economic growth. Therefore, a high reading is seen as positive, or bullish for the CAD, while a low reading is seen as negative or bearish.
We expect a significantly lower reading than the previous month.


Until release day, we can expect a weakening of the Canadian dollar against other currencies. On Friday (releasing day), a surprising value could affect actual trends and cause possible breakouts of key levels.
Key Levels:

  1. Resistance 1.2630, 1.2750, 1.2900
  2. Support 1.2400, 1.2250

Trend USD/CAD:

Bearish

Price has been respecting a down channel, reacting to horizontal and diagonal resistance. This scenario may change with fundamental announcements.
Call to Action/Trade Idea

Until Friday we will look for buying opportunities near support. A breakout of the bearish channel will provide us opportunities to buy on retracements.

Attached Image (click to enlarge)
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  • #1,120
  • Apr 5, 2021 11:28am Apr 5, 2021 11:28am
Sounds interesting.
Only one question. What happens in something like a Swiss franc unpegging situation.... where there's an instant 20 or 30% change in a pair's value and a stoploss can't be honoured.
Say it's a 160k account and I have a 1% stoploss on an open trade ($1600). The pair falls instantly on news and there's no chance to get out until maybe the trade is down $21600. Who pays for that $20k shortfall? Would 5ers chase the trader for the debt?
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