$100K Full-Time Funded Trader Withdrew $7,565 – The5ers
“Don’t focus on profit, dont focus on money, just focus on developing your strategy, and focus on strengthening your mentality.” Dede A, 28 years old, from Indonesia. Dede is one of The5er’s $100K High-Stakes funded traders. He got paid twice, for a total of $7,565. His next mission is to reach 10% profit to scale […] The post $100K Full-Time Funded Trader Withdrew $7,565 – The5ers appeared first on The5ers Forex Prop Firm.
We spoke with Dede about his trading plan, insights, and lessons gained while trading in the markets and our platform as a funded trader.
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Watch Dede‘s Interview
Dede‘s $100K High-stakes Step One
Dede‘s $100K High-stakes Step Two
Tell us a little bit about you.
Hello, I was a swing trader; because being a swing trader is quite heavy on my psychology in trading, I switched to becoming a scalper, and now my psychology is much more comfortable.
How long have you been trading?
I have been trading for 4 years, and I am a scalper.
Briefly describe your Trading Plan and how it contributes to your success.
My strategy utilizes the momentum of opening trading sessions to catch 10 pips.
Please share with us a challenge you faced in your trading career and how you overcame it.
I have made a profit since my first year of trading, the only challenge I faced was how to be disciplined and stick to the trading plan. I overcome this by being objective and eliminating the subjective element in myself; how do I do that? By making strict rules as a trading plan
How did you adjust risk management to your trading personality?
I always use the same risk
Describe a key moment in your trading career
When I get the perfect rule to apply to my trading plan
How long does it take to become a consistent trader, and what aspects did you change that helped you become consistent?
As I said, I have made a profit since my first year, but now I’m much more consistent with my scalping strategy.
What is your mental/psychological strength, and how did you develop it?
By following my strict rules
What was your strategy to successfully pass The5ers’ evaluation?
Be disciplined, believe that there is a process that must be gone through because it’s not a quick, rich scheme, and last but not least, strengthen your mentality in trading.
How is trading for The5ers different from trading by yourself?
You have to be disciplined to be able to become one of The5%ers funded traders.
What would you recommend to someone who is just starting with us?
Don’t focus on profit, dont focus on money, just focus on developing your strategy, and focus on strengthening your mentality. When you profit or lose, and your reaction is so-so, that’s a sign that you’re mentally ready.
Please share online resources that were/are significant in your trading development.
Babypips and youtube
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