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The5ers - Trading & Growth Program

  • #1,321
  • Jul 1, 2021 5:18am Jul 1, 2021 5:18am
Gary. L, known as The scruffy trader, has just successfully passed our Level 1. He is now one of The5ers funded traders, trading the 52K low-risk account.

His next mission is to reach 10% of profit and double his funds to 160K.

Read Piero Interview

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  • #1,322
  • Jul 3, 2021 11:43pm Jul 3, 2021 11:43pm
Hey 5ers

Here's the Summer Plan QnA´s recording.

Ruben explains the program in-depth and answers your questions.

High 5!


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We are Forex traders - Come trade with us
  • #1,323
  • Jul 4, 2021 6:25am Jul 4, 2021 6:25am
Hey 5ers

Summer Plan is Over!

Our Summer Plan is now over. We’d like to thank all those who took part in our free evaluation plan. It’s been an amazing month for us, and we appreciate the great feedback!

We were overwhelmed with the huge demand, and we’re always striving to improve, push the limits, and provide you with better plans, better technology, and better service.


Please note:

- Summer Plan accounts will remain active as long as they’re not terminated or expired.

- This Summer Plan, in its current format, will not be back. However, other innovative plans will be offered in the near future.
https://the5ers.com/

High 5!


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  • #1,324
  • Jul 4, 2021 7:22am Jul 4, 2021 7:22am
Quoting The5ersTF
Hey 5ers Summer Plan is Over! Our Summer Plan is now over. We’d like to thank all those who took part in our free evaluation plan. It’s been an amazing month for us, and we appreciate the great feedback! We were overwhelmed with the huge demand, and we’re always striving to improve, push the limits, and provide you with better plans, better technology, and better service. Please note: - Summer Plan accounts will remain active as long as they’re not terminated or expired. - This Summer Plan, in its current format, will not be back. However, other...
Just want to thank 5ers for this great and huge opportunity
  • #1,325
  • Jul 4, 2021 10:54pm Jul 4, 2021 10:54pm
Quoting metcalfe
{quote} Just want to thank 5ers for this great and huge opportunity
Thanks Metcalfe!

I wish you success!
We are Forex traders - Come trade with us
  • #1,326
  • Jul 5, 2021 8:38am Jul 5, 2021 8:38am
Forex Trading Room on July 5 – 9, 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 went over the major pairs and reviewed in addition EUR/GBP, EUR/CHF, AUD/CAD, EUR/NZD, EUR/JPY, and GBP/JPY.

Some of the pairs are retesting demand zones and may continue higher in the coming days and weeks.



– New at The5ers – No more minimum days or trades required! We have decided to eliminate the minimum requirements for Level 1 accounts.

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!

Attachment g
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  • #1,327
  • Jul 7, 2021 9:47am Jul 7, 2021 9:47am
Wow.. you can not believe until you are in.
Now the thing that confusing me is (Max Exposure per pair), does that mean i can't open 1 lot even if my stoploss doesn't exceed 1%? or i have to stick to only 0.25 lot and that's 1% of the pair ?
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  • #1,328
  • Jul 7, 2021 10:33am Jul 7, 2021 10:33am
and here is the Objectives picture from email I got
No Max Exposure Per Pair
So, which rules to follow? coz max exposure will make big different ..!
...
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  • #1,329
  • Jul 7, 2021 10:45am Jul 7, 2021 10:45am
Quoting Feelas
and here is the Objectives picture from email I got No Max Exposure Per Pair So, which rules to follow? coz max exposure will make big different ..! ... {image}
Max exposure is 1%, so if your account reaches 40k your max exposure per pair is $400
If your account is 100k, your max exposure per pair cannot be $250, it will be 1k
So as long as your SL is in that 1%, you can trade any size you want
The 5ers will correct me if I am wrong, but I bought it
Those who don't believe in magic will never find it
  • #1,330
  • Jul 7, 2021 10:56am Jul 7, 2021 10:56am
Quoting PayTheBid
{quote} Max exposure is 1%, so if your account reaches 40k your max exposure per pair is $400 If your account is 100k, your max exposure per pair cannot be $250, it will be 1k The 5ers will correct me if I am wrong, but I bought it
hi paythebid, thanks for Clarification.
but I think you didn't get my confusion. so please could you answer my question above on the first post?
  • #1,331
  • Jul 7, 2021 7:25pm Jul 7, 2021 7:25pm
Quoting Feelas
{quote} hi paythebid, thanks for Clarification. but I think you didn't get my confusion. so please could you answer my question above on the first post?
max exposure has nothing to do with your trading size. You can, for instance, open 2 lots so long as the loss on that particular trading pair doesn't exceed 250$.

The exposure and monetary value simply mean if you open 1 trade, the maximum monetary amount you can lose is $250. But if you opened 10 trades on that same trading pair, the exposure is still $250 per pair. It basically still puts a 1% cap on martingale style strategies by making both the total pair exposure and max stop loss conjoined.

The reason its important to differentiate the two is because if I open a trade @ 1% risk and after the trade is in profit bring my stop loss in to break even, my exposure is effectively zero. So I'm free to open another trade on the same pair. This can be really effective if you're a htf trader and build positions on pullbacks.
The best strategy is a profitable one.
  • #1,332
  • Jul 7, 2021 11:10pm Jul 7, 2021 11:10pm
Today - Open Live Trading Room!

Have a look into The5ers Live Trading Room and join Snir Ahiel as he trades and analyzes markets in real-time!

Today - Jul 8, 2021, 09:00 in Eastern Time (US and Canada)

Register Here for free:
https://zoom.us/webinar/register/WN_...SOenD7emLJwQ1Q

High 5!

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  • #1,333
  • Jul 8, 2021 12:25am Jul 8, 2021 12:25am
The5er doing greatness by releasing free summer plan. it's sad that we can't add them to the Trade Explorer.
  • #1,334
  • Jul 8, 2021 5:01am Jul 8, 2021 5:01am
Bernel has just successfully passed our Level 1.

He is now one of The5ers funded traders and is trading with an 80K low-risk funded account on our platform.

His next mission is to reach 10% profit and double his funds to 160K.

Read Bernel Interview

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  • #1,335
  • Edited 6:38am Jul 8, 2021 6:28am | Edited 6:38am
I am trading the 5ers summer challenge and I do not have a problem with your leverage,
as matter of fact I like it low the way it is, your spreads are amazing even at slow periods,
even the mt5 that definitely is one of the worst platforms for me, I can tolerate(forget about
Webtrader, this should never be released by them)
Now when I pass the Summer challenge, cause I am going to pass it I am curious how many
stop loss risk violations I will have, like if I go live and pay my $300 if I make 1 violation I am
history or are we still going to have 3 risk violations limit?
Cause if that is the case I am sorry but that 1 mistake when someone trades 50 times a day
can happen and it is a VERY big risk to the trader.

Can you please answer here so other traders will be aware of this rule also

Thank you
Those who don't believe in magic will never find it
  • #1,336
  • Jul 8, 2021 6:58am Jul 8, 2021 6:58am
Quoting PayTheBid
I am trading the 5ers summer challenge and I do not have a problem with your leverage, as matter of fact I like it low the way it is, your spreads are amazing even at slow periods, even the mt5 that definitely is one of the worst platforms for me, I can tolerate(forget about Webtrader, this should never be released by them) Now when I pass the Summer challenge, cause I am going to pass it I am curious how many stop loss risk violations I will have, like if I go live and pay my $300 if I make 1 violation I am history or are we still going to have...
Hey PayTheBid

Anyone who passed the 3 challenges and reaches a 100K account, is a trader who belongs to the top 1%
Even if you made a violation, the account will not be disqualified.
There is no such thing as immediate disqualification, We will not give up on talented traders because they forgot to put a stop loss.
We are Forex traders - Come trade with us
  • #1,337
  • Jul 8, 2021 7:02am Jul 8, 2021 7:02am
Quoting The5ersTF
{quote} Hey PayTheBid Anyone who passed the 3 challenges and reaches a 100K account, is a trader who belongs to the top 1% Even if you made a violation, the account will not be disqualified. There is no such thing as immediate disqualification, We will not give up on talented traders because they forgot to put a stop loss.
Important Question and a great answer.

Can't imagine managing to grind out a 3 step challenge, paying for the funded account only to get disqualified for one SL violation.

Keep up the good work guys. Appreciate the fact that there are no time limits on the challenge as well.... Having fun.
  • #1,338
  • Jul 8, 2021 7:12am Jul 8, 2021 7:12am
Quoting The5ersTF
{quote} Hey PayTheBid Anyone who passed the 3 challenges and reaches a 100K account, is a trader who belongs to the top 1% Even if you made a violation, the account will not be disqualified. There is no such thing as immediate disqualification, We will not give up on talented traders because they forgot to put a stop loss.
Thank you very much for the answer cause to pass the 3 challenge stages it is a time investment on the traders side and had
to get that out of the way since I did get in the passed another answer from support, that missed stop will not be tolerated when live
Happy to hear that from you! I will see you in the end of the challenges
Those who don't believe in magic will never find it
  • #1,339
  • Jul 9, 2021 5:33am Jul 9, 2021 5:33am
I cannot execute 2 lots or bigger trade on summer plan. I am risking only 0.5% per trade or per pair.
Is it just me or everyone else?
  • #1,340
  • Jul 9, 2021 5:50am Jul 9, 2021 5:50am
Quoting Jay3ast
I cannot execute 2 lots or bigger trade on summer plan. I am risking only 0.5% per trade or per pair. Is it just me or everyone else?
Same here. I can open over 2 lots but Something's not right about the leverage. I don't have access to the full margin that a 25k with 1:10 leverage account should allow.
As the account grows it gets better but still, something's not right.
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