$125K Funded Trader Got Paid 3 Times and Withdrew $13,513 Overall

We spoke with Tuyen about his trading plan, insights, and lessons gained while trading in the markets and our platform as a funded trader.

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Tuyen $100K High-Stakes Step Two

Tuyen $100K High-Stakes Funded Account

Tell us a little bit about you.

I have known trading for approximately 10 years, but I started serious trading approximately 3 years ago. I am a part-time trader

How long have you been trading?

I’m 45 years old and a software programmer. I have been aware of Forex trading 10 years ago, but I have really concentrated on trading since 2021, with more failures than successes. Along with heavy stress in my main job as a programmer, I stopped trading almost in 2023 and just back at the beginning of 2024, and The5er is one of my choice prop firms to be with.

Briefly describe your Trading Plan and how it contributes to your success.

I’m a part-time trader and almost trade during London and New York sessions. I focus on trading with high timeframes, particularly H1 and above. Furthermore, I don’t use indicators except for some MAs lines to determine the average price. I feel very comfortable with my naked chart analysis and along with higher time frame, it only takes me around some minutes to analyze a chart to decide my trading plan.

Please share with us a challenge you faced in your trading career and how you overcame it.

It’s common for me to go through drawdown phases, where my strategy doesn’t work, and I experience a series of temporary losses. That’s causing me a headache. But finally, I recognize that fully obeying the tested strategy is the key to overcoming difficult market periods. Especially, always practicing strict capital management is the vital key to survival.

How did you adjust risk management to your trading personality?

I always calculate and define the risk that I am ready to accept before opening positions on the market. By using a stop loss and following the trading strategy strictly, trading can differentiate itself from gambling and turn a loser into a winner. Think of a loss as a weapon to safeguard me from the market’s chaos.

Describe a key moment in your trading career

A beautiful day, I recognize that gambling and trading are very close to each other. Controlling my emotions and putting them under control is the key to success. Controlling myself is the problem that I still practice daily till now, not the strategy or market. Nice controlling yourself will help you do a good risk management, obey trading system consistently and the profit will come.

How long does it take to become a consistent trader, and what aspects did you change that helped you become consistent?

It took me around 3 years to seriously study all things to become consistent, not only in technical analysis but also understanding how the strong news effect to the markets, how to control psychology, how to keep discipline, and especially how to face a loss in trading and also how to control the over confident with profit.

What is your mental/psychological strength, and how did you develop it?

In my opinion, trading is not only an investment to earn money but also a lifestyle. Trading and maintaining a balanced life require psychology, thinking, discipline, and strict risk management, which are all important aspects.

What was your strategy to successfully pass The5ers’ evaluation?

I focus on short-term trading by combining a supply-demand zone and Price Action on high timeframes as my main trading strategy. But as said, technical is only 50% of success in trading; there are a lot of other things that need to be improved daily, such as discipline, psychology, and risk management… I still keep improving myself daily.

How is trading for The5ers different from trading by yourself?

I always treat the prop firm capital as my own asset. That makes me always carefully with all my trading. Prop firms give me more capital to invest and help me more confident in my trading career.

What would you recommend to someone who is just starting with us?

Till now I have a nice experience with The5er, including trading environment, support, payout, … I recommend everyone who intends to trade with prop firm should consider The5er as a priority choice. And you do not need to have a fluent strategy to begin, just keep learning daily and to be with a prop firm as The5er as a leverage to improve yourself on the trading career.

Please share online resources that were/are significant in your trading development.

My strategy is combining Supply and Demand Zone with Price Action. There are a lot of resources on the Internet, just Google. But as said, strategy is only strategy, to succeed need more things. There is a book I have read and recommend for everyone who should read, “Search Inside Yourself” by Author Chade-Meng Tan. This book will help you to understand yourself and improve your trading from a mental perspective.

Would you like to share anything else with us?

Till now I’m happy with The5er. Keep great job as you did.

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