We spoke with Arsen about his trading plan, insights, and lessons gained while trading in the markets and our platform as a funded trader.
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My name is Arsen Magomedov, and I am a 32-year-old trader from Russia.
I am married and a proud father of two. Before I began my trading career, I spent ten years playing tennis.
This experience taught me discipline, perseverance, and a strong mindset—qualities that later proved invaluable in navigating the financial markets. I have been trading for three years, and since the beginning of 2024, I have achieved consistent profitability. This success allowed me to quit my job and transition to full-time trading. Now, I am focused on expanding my expertise and building a personal brand on social media to share my knowledge and experiences with other traders. Additionally, I plan to move to Dubai next year, as it has a thriving trading community and offers excellent opportunities for networking and growth in the financial sector.
I have been trading for 3 years.
I begin my trading day by analyzing the monthly timeframe to identify key levels and assess the market structure. I pay attention to the current price, its previous movements, and where it is likely to head next.
Once I find a confirmation signal—such as a rejection block, support and resistance level, or a fair value gap—I move to the weekly timeframe and repeat this process.
Next, I refine my analysis by examining the daily and 4-hour timeframes, ensuring that all elements are aligned before executing a trade. This top-down approach helps me maintain a clear market narrative and focus on high-probability setups.
After going through a losing streak, I struggled with overtrading, fear of missing out (FOMO), and various psychological challenges. These emotions led me to make impulsive decisions, which only made my situation worse.
To address this, I established strict trading rules and committed to following them consistently. One of the key rules I implemented was to take a mandatory break after experiencing two consecutive stop-losses in a single day.
This practice helped me regain focus and avoid trading based on emotions. In addition, I studied Mark Douglas’s books on trading psychology, which provided valuable insights into discipline, probability, and maintaining the right mindset. These changes significantly improved my approach to trading and helped me become a more consistent trader.
I tailored my risk management to align with my trading style by emphasizing consistency and discipline. Since I focus on swing trades, I needed a strategy that enables me to stay engaged in the market without exposing my capital to unnecessary risks.
I adhere to a strict risk rule of 1-1.5% per trade, ensuring that no single trade can significantly affect my overall equity. Additionally, I maintain a Risk-to-Reward Ratio (RRR) of at least 1:1.5. Another important adjustment I made was to implement a daily loss limit.
If I reach a certain percentage of drawdown, I stop trading for the day to avoid making emotional decisions. This approach helps me remain disciplined, protects my capital, and allows me to execute trades with confidence.
A key moment in my trading career was when I finally became consistently profitable at the beginning of 2024. Before that, I had gone through losing streaks, psychological struggles, and self-doubt, questioning whether trading was the right path for me.
The turning point came when I completely restructured my approach—I refined my strategy, focused on strict risk management, and eliminated emotional decision-making. I started following a top-down analysis method, looking at the bigger picture before executing trades. I also introduced strict trading rules, such as limiting daily losses and stepping away after two consecutive stop-losses.
This shift in mindset and discipline led to my breakthrough. I gained the confidence to quit my job and become a full-time trader, and since then, my results have improved significantly. This moment taught me that consistency, discipline, and patience are the real keys to success in trading.
It took me three years to become a consistently profitable trader.
The journey wasn’t easy; I faced losing streaks, psychological struggles, and periods of self-doubt. However, everything changed at the beginning of 2024 when I finally discovered my edge and developed a disciplined approach.
The key aspects I changed were:
1. **Mentorship & Structured Learning** – Finding a mentor helped me refine my strategy and understand the deeper mechanics of the market.
2. **Trading Plan & Top-Down Analysis** – I began following a structured approach by analyzing the market from the monthly timeframe down to the 4-hour timeframe. This allowed me to identify key levels, liquidity zones, and confirmations.
3. **Risk Management & Discipline** – I implemented strict risk management rules, risking only 1% per trade and maintaining a minimum 1:3 risk-to-reward ratio. Additionally, I set a daily loss limit, choosing to stop trading for the day after two consecutive stop-losses.
4. **Psychological Control** – I focused on my mindset and worked to overcome FOMO, revenge trading, and emotional decision-making.
Books by Mark Douglas played a significant role in helping me develop the mentality of a successful trader. These changes transformed my trading. Since early 2024, I have been consistently profitable, which allowed me to quit my job and pursue trading full-time.
Now, I’m focused on growing my capital, building a personal brand, and sharing my journey with other traders.
One of my greatest psychological strengths in trading is discipline and emotional control.
Developing this strength wasn’t easy; I had to overcome losing streaks, self-doubt, and the psychological traps of FOMO (fear of missing out) and revenge trading before I learned how to master my emotions.
Here’s how I developed my mental strength:
1. **Strict Trading Rules** – I established clear rules for entering and exiting trades, managing risk, and setting daily loss limits. I adhere to these rules without exception, which helps prevent impulsive decisions.
2. **Risk and Loss Acceptance** – I trained myself to accept losses as a natural part of the trading process. Instead of fearing losses, I focus on the long-term probabilities of my trading edge.
3. **Post-Loss Break Rule** – If I incur two consecutive stop losses, I take a break from trading for the day. This pause helps me avoid making emotional decisions and has saved me from many unnecessary losses.
4. **Mindset Training** – I read books like “Trading in the Zone” by Mark Douglas, which helped me cultivate a trader’s mindset based on probabilities rather than emotions. 5. **Patience and Detachment** – I learned to detach from individual trades and concentrate on the bigger picture.
I don’t chase the market; I wait for high-probability setups to come to me. These habits have enabled me to trade with confidence and consistency, making decisions based on logic rather than emotions. Developing a strong mindset is just as important as honing technical skills, and it’s one of the key reasons I became a full-time profitable trader.
To successfully pass The5ers’ First Level, I followed a disciplined and structured approach that focused on risk management, high-probability setups, and psychological control.
My Advice for Traders Starting with The5ers
If you’re just starting with The5ers, my biggest recommendation is to approach it with a professional mindset from day one.
Here’s what helped me succeed and what I would suggest to new traders:
1. **Follow a Structured Trading Plan** Define your strategy and stick to it. Avoid taking random trades simply to hit your target faster. Use top-down analysis (monthly, weekly, daily, 4-hour) to identify key levels and liquidity zones. Wait for high-probability setups—prioritize quality over quantity.
2. **Master Risk Management** Risk only 1% of your capital per trade to protect your investments and ensure longevity in the game. Set a daily stop-loss limit; if you incur two consecutive losses, take a break to prevent emotional decision-making.
3. **Trade Like You’re Already Funded** Don’t treat the evaluation as a challenge to “pass quickly.” Approach it as if this is already your real job. Patience is key—rushed trading often leads to mistakes and unnecessary losses.
4. **Control Your Psychology** Read *Trading in the Zone* by Mark Douglas to strengthen your trading mindset. Avoid FOMO (fear of missing out) and revenge trading—remember that there will always be another setup. Learn to accept losses as part of the process and focus on your long-term goals.
5. **Stay Disciplined and Consistent** Document your trades and review them to see what works and what doesn’t. Don’t copy others; focus on refining your own edge. Keep emotions out of trading—your goal is to execute your plan flawlessly.
If you treat The5ers as a business opportunity and adhere to these principles, you’ll significantly increase your chances of success. Trading is a marathon, not a sprint—stay patient, stay disciplined, and let consistency yield your results!
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