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The5ers - Trading & Growth Program

  • #1,181
  • Apr 26, 2021 1:29am Apr 26, 2021 1:29am
Quoting Le.Metier
{quote} Thanks. And WOW! If 1.28 is reached on all 3 will you allow them to be merged into 1 account?
Hey Le.Metier

You can't merge three accounts to 1, But if you reach the last level, we are open to any request.

Best Regards
We are Forex traders - Come trade with us
  • #1,182
  • Apr 26, 2021 1:32am Apr 26, 2021 1:32am
Quoting mcquak
@The5ersTF Any news on when indicies CFDs are available for trading?
Hey mcquak

Not yet, Once we add, we will update

Best Regards
We are Forex traders - Come trade with us
  • #1,183
  • Apr 27, 2021 2:34am Apr 27, 2021 2:34am
Quoting The5ersTF
{quote} Hey Le.Metier You can't merge three accounts to 1, But if you reach the last level, we are open to any request. Best Regards
If you reach that level that The5ers is open to any request you have black belt in trading
  • #1,184
  • Apr 27, 2021 9:30am Apr 27, 2021 9:30am
Forex Trading Room on April 27 - 30, 2021

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

In today’s trading room, we analyzed the charts for the upcoming week. We start with the higher time frames and then check the lower time frames to look for intraday opportunities.

We held a long trade on USD/JPY and showed different techniques to manage it and take profits using a Price Cycle.

- 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!

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  • #1,185
  • Edited 7:46am Apr 28, 2021 7:36am | Edited 7:46am
Quoting OutThere
Conclusion: 1- A trader can create the exact environment that the 5ers offers on their own by simply signing up with a broker offering 1:500 leverage. 2- A trader earns $462.50 more if they go on their own with a 1:500 private account.
Whilst I agree with Conclusion 1 (the $250 5er fee @ 1:144 is the same as a $6,000 5er account @ 1:6), an increasing number of retailers wont be able to make use of the logic given regulators globally are tightening leverage access.
Consequently demand for funders such as 5ers will only increase as retailers seek to meet leverage and/or capital needs.

Regarding Conclusion 2....5ers double accounts every +10%. In contrast one’s own personal account only doubles after a +100% return. I don’t think you considered that in your calculations.

In sum, the comparison between a 5er funded account and a private account is interesting and should be understood, but for an ever increasing number of us access to excessive leverages is no longer available.
  • #1,186
  • Apr 28, 2021 9:15am Apr 28, 2021 9:15am
Forex Trading Room on April 28, 2021

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

In today’s trading room, we explained how to take advantage of sideways and low volatility markets. We entered a great scalp trade in EURJPY as it respects our setup.

This often happens before high-impact news, as today the FED releases its interest rate decision.

We also discussed how indicators could show us an additional confirmation of entries trade, especially Bollinger Bands.

- 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!

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  • #1,187
  • Apr 28, 2021 3:50pm Apr 28, 2021 3:50pm
Quoting OutThere
This is actually how it works.

No! This is actually how it works.

In your table the figures you have entered for “funds you can actually use” are all incorrect! One uses the buying power to generate returns not the allowed DD’s. The allowed DD’s only represent when the traders buying power is switched off.
Consequently, your “expected gain” calculations are also incorrect. At Level 0, for example, the trader uses $36,000 buying power to generate a 6.25% ($375) return on the starting capital in order to qualify for a Level 1 account.
Which, if you want to apply your logic (“funds you can actually use”), $375 of $36,000 is an “expected gain” of just 1.041%....sounds a lot more achievable than 240% doesn’t it!

Either way, your 240% “expected gain” claim is incorrect. The required return is 6.25% on the starting capital as stated by 5ers, which is a mere 1.041% of the buying power.

Apologies to 5ers for raising this subject again, but the logic presented by the member is misleading and should be corrected.
  • #1,188
  • Apr 28, 2021 5:17pm Apr 28, 2021 5:17pm
Quoting Le.Metier
{quote} No! This is actually how it works. In your table the figures you have entered for “funds you can actually use” are all incorrect! One uses the buying power to generate returns not the allowed DD’s. The allowed DD’s only represent when the traders buying power is switched off. Consequently, your “expected gain” calculations are also incorrect. At Level 0, for example, the trader uses $36,000 buying power to generate a 6.25% ($375) return on the starting capital in order to qualify for a Level 1 account. Which, if you want to apply your logic...
OutThere is absolutely correct. I'll use the 10K eval model, but the math works with any of them. Simply put, if your "fee" is larger than the DD they are allowing, your personal account will exceed the "scaling" program by Level 3. Using a risk of ruin of let's say 20 trades, but, once again, you can make this whatever you wish, you will need to actually trade SMALLER positions in the 5%ers than you would in your personal account. Put the $450 in your personal account with a risk of ruin of 20 losing trades, you can risk $22.50 per trade, with the $400 DD in the 5ers, it's $20 per trade. The "buying power" of the 10K is the marketing trick , it never comes into play. They can give you 200:1 on the 10K, giving you 2 million "buying power", fact still remains you may only lose $400.

I was you two months ago debating with OutThere over the same marketing gimmick. I publicly took the challenge and failed. However, I have passed 2 other prop challenges where I paid $640 for $10K in DD. Works much better.
  • #1,189
  • Apr 28, 2021 7:49pm Apr 28, 2021 7:49pm
Quoting pipmaster77
OutThere is absolutely correct. I'll use the 10K eval model,....

I have agreed to OutThere’s argument that with access to leverage (1:230 and declining at each level) a trader can replicate the 5er conditions in a private account. However access to leverage is increasingly hampered for retailers by Governments globally. This is where fund providers such as 5ers have a valuable role to play.

But concerning this matter, OutThere is mistaken.
  • #1,190
  • Apr 28, 2021 9:12pm Apr 28, 2021 9:12pm
Quoting pipmaster77
{quote} OutThere is absolutely correct. I'll use the 10K eval model, but the math works with any of them. Simply put, if your "fee" is larger than the DD they are allowing, your personal account will exceed the "scaling" program by Level 3. Using a risk of ruin of let's say 20 trades, but, once again, you can make this whatever you wish, you will need to actually trade SMALLER positions in the 5%ers than you would in your personal account. Put the $450 in your personal account with a risk of ruin of 20 losing trades, you can risk $22.50 per trade,...
Meh, don't waste your breath on this guy. Not worth it.
Funny thing is even the 5ers reps agreed with me but whatever.
  • #1,191
  • Apr 28, 2021 9:55pm Apr 28, 2021 9:55pm
Quoting OutThere
Funny thing is even the 5ers reps agreed with me but whatever.
5ers agree with you on the leverage matter as do I. However without leverage access your entire argument is pointless.
As for the concepts you present here, they are fantasy, as explained here.
  • #1,192
  • Apr 28, 2021 10:09pm Apr 28, 2021 10:09pm
Quoting Le.Metier
{quote} 5ers agree with you on the leverage matter as do I. However without leverage access your entire argument is pointless. As for the concepts you present here, they are fantasy, as explained here.
Only way to see for yourself is buy a 5%ers eval, put the fee in a personal account and trade them side by side, exactly the same. It's the only way to truly grasp what we are explaining. If you have $400 DD with the 5%ers and the $450 fee in a personal account, the amount you risk per trade is actually higher with your personal account. The key here is you have 100% access to your personal funds, you only have access to 4% of the make believe 10K. Yes, the buying power is on the 10K, so 6:1 on 10K is 60K. That is approx $6/pip, so if you wish to bring that into the equation, 65 pips and the account is blown. Just like if you were to trade $6/pip on the personal account, you'd have about 73 pips and the account is blown. It's simply clever marketing.
  • #1,193
  • Apr 28, 2021 10:33pm Apr 28, 2021 10:33pm
Quoting Le.Metier
{quote} 5ers agree with you on the leverage matter as do I. However without leverage access your entire argument is pointless. As for the concepts you present here, they are fantasy, as explained here.
Just put your money where your mouth is, sign up and come back showing off how well you did under the trading conditions and terms provided to you. Alright?
Talk to you afterwards then.
  • #1,194
  • Apr 28, 2021 11:29pm Apr 28, 2021 11:29pm
Quoting OutThere
Just put your money where your mouth is, sign up and come back showing off how well you did under the trading conditions and terms provided to you. Alright? Talk to you afterwards then.
blah blah blah
  • #1,195
  • Apr 29, 2021 1:52am Apr 29, 2021 1:52am
Today - All Timeframe Trading Webinar with Gary Langley

In this webinar, Gary will explain how to give direction and clear defined entry and exit points using the high timeframes to map out the small times.

Today - Apr 29, 2021 09:00 AM ET

Register Here for free

Gary has been around the markets since 2005 and believes that every chart is a narrative and the art of trading is to see the greater story being told.

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  • #1,196
  • Apr 29, 2021 4:49am Apr 29, 2021 4:49am
Quoting OutThere
{quote} Here is the comparison of 2 accounts. The first one is enrolled in 5ers program and the second one is using their own broker to trade. The 5ers account consists of $275 traders deposit and $5725 5ers deposit. Each account loses $50 at each row but maintains the same buying power. The 5ers account keeps the 1:6 leverage but in order for the private trader to maintain the same buying power, it's leverage has to go up with each loss. After losing 4 consecutive times, the 5ers account has just one more chance to lose $50 but I doubt they are...
good job, bro
  • #1,197
  • Apr 29, 2021 5:35am Apr 29, 2021 5:35am
Quoting OutThere
{quote} Just put your money where your mouth is, sign up and come back showing off how well you did under the trading conditions and terms provided to you. Alright? Talk to you afterwards then.
You put your money where your mouth is. You've been trying to prove here against 5ers for a while now and you are getting annoying. You're wrong about your calculations. You don't like 5ers, leave the thread.
  • #1,198
  • Apr 29, 2021 6:04am Apr 29, 2021 6:04am
Stop Looking for More Indicators to Add to Your Trading: In the World of Trading, Less is More

Muheeb M. from Canada is now one of The5ers funded traders.

He is now one of The5ers funded traders and is trading with a 40K forex funded account on our platform.

His next mission is to reach 10% of profit and double his funds to 80K.

Visit Muheeb interview page


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  • #1,199
  • Apr 29, 2021 3:42pm Apr 29, 2021 3:42pm
Quoting Techanalyst
{quote} You put your money where your mouth is. You've been trying to prove here against 5ers for a while now and you are getting annoying. You're wrong about your calculations. You don't like 5ers, leave the thread.
FOFF
  • #1,200
  • Apr 29, 2021 4:40pm Apr 29, 2021 4:40pm
Quoting OutThere
{quote} FOFF
Right back at you. You're useless here, get out of here.
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