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We spoke with Leandro 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.
My name is Leandro, I’m from Argentina, and I have been in the trading industry for almost 4 years.
I have been trading for about 4 years, and I am a full-time swing trader.
My strategy is very simple; I try to keep everything as straightforward as possible. I mark the support and resistance levels from the monthly chart down to the 4-hour chart, and I use the 1-hour chart to open my trades. At the same time, I risk 0.5% on my first trade, and then I gradually increase the risk, but I always try to keep it below 1% risk.
The biggest challenge for me was the correct use of risk in each position and also having the necessary patience not to open trades with a lower chance of success.
It may sound like a cliché, but psychology was the most difficult part for me, and my big breakthrough was having good risk management.
I always risk between 0.5% and 1% per trade. Generally, I start by risking a small amount to have a cushion for the next trades and to avoid falling too far from the initial balance.
The key moment in my journey as a trader was when I focused on Price Action, diving deep into it, making it as simple as possible, and stopped spending time on other strategies.
It took me about two and a half years to become profitable, and risk management was the most important part.
Letting go of my trades was the most important part, understanding that once the trade is open, I have no control over how it will turn out.
I use price action with support and resistance, and I wait for a 30min/1hr candle to close for entry confirmation.
Working with 5ers allows me to access capital that I don’t have, and at the same time, the rules on the platform help me avoid overtrading, and I really like the community.
To anyone who is starting out, I would recommend taking your time; the results will come if you dedicate the necessary time.
All the free content from Elysium Equity Youtube channel and Brutus as a mentor.
I would also like to add that 5ers stands out completely in the prop firm space, where traders can often develop confidence in knowing they can trust this company.
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