$125K Funded Trader Got Paid 5 Times and Withdrew $12,006 Overall
“The5ers gave me the capital and the ability to travel freely.” Jesse E, 18 years old. Since our interview with Jesse, he has managed to scale his account, and today, he is trading a $125K High-Stakes account, got paid 5 times, and withdrew $12,006 overall His next mission is to reach 10% profit to scale […] The post $125K Funded Trader Got Paid 5 Times and Withdrew $12,006 Overall appeared first on The5ers Forex Prop Firm.
We spoke with Jesse about his trading plan, insights, and lessons gained while trading in the markets and our platform as a funded trader.
Click here for more inspirational lessons and interviews with our professionally funded traders.
Watch Jesse‘s Interview
Jesse‘s $100K High-stakes Step One
Jesse‘s $100K High-stakes Step Two
Jesse‘s $100K High-stakes Funded Account
Tell us a little bit about you.
I am an 18 year old trader, I started trading stocks back when I was in high school. I switched over to Forex to accommodate my work schedule. I used to skip classes and ditch school to learn how to trade because I always knew Forex was my “way out” Now I am funded and traveling the world.
How long have you been trading?
since May 10th 2021, almost 3 years, I am full time trader.
Briefly describe your Trading Plan and how it contributes to your success.
I trade based of liquidity sweeps, It is a major contribute to my success, It has helped me read price action and understand where peoples “stops” are at. It helps me understand how big banks and institutions play.
Please share with us a challenge you faced in your trading career and how you overcame it.
My biggest challenge was living in my car. I was trading and living in my car in Florida. I did not have enough money for rent or anything, so I got food in hotel breakfasts and travel from place to place while trading on my computer. I later got funded and this gave me the capital to trade and live freely. But this moment was a pivotal point in my trading journey because it marks my all time low and how I used it to become successful.
How did you adjust risk management to your trading personality?
I ALWAYS only risk 1%. Nothing else
Describe a key moment in your trading career
A Key momentum was becoming profitable. After studying and backtesting every day for 10 hours for nearly a year straight and then taking it live for a month or so, I knew I had become consistent.
How long does it take to become a consistent trader, and what aspects did you change that helped you become consistent?
It took me about 2 years, I had to learn directly under mentors instead of blindly watching strategy videos on youtube.
What is your mental/psychological strength, and how did you develop it?
It is completely robotic, the way it should be while trading…I developed it by experiencing major losses first hand and reading ‘Trading in The Zone’ by Mark Douglas
What was your strategy to successfully pass The5ers’ evaluation?
Guerrilla Trading
How is trading for The5ers different from trading by yourself?
You guys have paid me so fast and easily. The5ers gave me the capital and the ability to travel freely.
What would you recommend to someone who is just starting with us?
STICK WITH THEM. By far the best firm
Please share online resources that were/are significant in your trading development.
My mentor, Trading in the zone
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The post $125K Funded Trader Got Paid 5 Times and Withdrew $12,006 Overall appeared first on The5ers Forex Prop Firm.