We spoke with Emre about his trading plan, insights, and lessons gained while trading in the markets and our platform as a funded trader.
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I am married, father of 2 daughters. I come from a background in growing and trading citrus fruits. My experience in trading and my university education brought me here to trade FX and crypto.
I first started trading crypto in 2020. I have started to trade forex for 1.5 years.
First of all, I am only trading EURUSD. My plan is built on a combination of technical analysis, risk management, and disciplined execution. I employ a systematic approach to identify high-probability trade setups based on time frames, sessions, market structure, and breakouts to enter a setup.
I first started with another prop company and breached 9 evaluations. We had an earthquake disaster in my city, and I was not ok psychologically. I was technically ok, but it was very hard for me to manage my risk because of emotions. Then, I started to keep a trade diary. I calculated my win rates according to entry models, and I directly focused on the models, timeframes, and sessions where I was successful. For example, I mostly don’t trade on Mondays, and I don’t trade in the evenings. I have an office for trading, and I behave trading as a full-time job obeying the office times. That brought me lots of live accounts. I was ready mentally When I met with The5ers in September 2023.
Humans are creatures prone to making mistakes. When I make a mistake and lose money, I prefer to leave the computer and go to my tangerine gardens to empty my brain. I risk % 0.5-1, sometimes more, if I extend the time zone in my setups. For example, I risk % 0.5 If I enter a setup with a 5m chart, but I may risk % 2 if I trade in 4h or 1-day charts.
I lost 3x100K live accounts in another company because of the company’s legislation issues. That affected me mentally in a very bad way. Then I thought that I would do it in a month. So I can make it with the same strategy in The5ers. My first live account in The5ers was the key moment, and I still remember my first payout amount as a memory.
It took me 1.5-2 years to learn technical issues, but being consistent was the hardest step of my career. I can honestly say I am still learning from my mistakes and being more consistent day by day.
We are human beings; we can make mistakes. But the most important thing is what we do when we fail or when we win. I prefer to celebrate my wins by spending more time with my family, and I also prefer to forget my losses by spending time in the open air. I can admit that I am not as strong mentally as most traders, but I found tricks for consistency. This is why I am growing in the long term.
According to me the most important thing for the evaluation and scaling of a live account is taking profit and taking a break after that. Also, taking a break after losses is the key point.
I am building backup accounts when I trade with The5ers. If I breach one of them, I know I still have other live accounts. This is my insurance while trading with you.
Take notes/trading dairies and analyze your failing and successful trades; don’t make the same mistakes to be successful. You can’t push yourself to be consistent; consistency will come to you when you obey your own rules.
I strongly recommend Cred videos on YouTube, for starters. Then, traders should find their own strategies. I am a price-action-based trader, but I am also focusing on macroeconomic forecasts for better targets in my trades. FX Academy
I wish 2024 to bring many successes to all The5ers traders. My goal is being 1m USD funded trader in this year.
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