Risk management is the key aspect of becoming a consistently profitable trader. That’s Bernel Advice.

Bernel T, 42 years old, From the Philippines.

Bernel has just successfully passed our Level 1. He is now one of The5ers funded traders and is trading with an 80K low-risk funded account on our platform.

His next mission is to reach 10% of profit and double his funds to 160K.

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

Click here for more Inspirations lessons and interviews from our professionally funded traders.

Bernel T account - I Found My Way To Be Profitable

Bernel T graph

Bernel T best profit

Bernel T Advanced statistics

Bernel T symbols data - I Found My Way To Be Profitable

 

  • Tell us a little bit about you.
    I am a Ship Captain commanding oil tanker vessels and been sailing for over 15 years now. Happily married and blessed with 3 wonderful kids.

 

  • How long have you been trading?
    8 years, I am Scalper.

 

  • Briefly describe your Trading Plan and how it contributes to your success.
    Scalping is my trading style and risking 1 to 1.5% per trade. Patiently waiting for the best set-up before taking trades.

 

  • Share with us a challenge you faced in your trading career and how you overcame it?
    I think the biggest challenge I faced in my trading career is being stuck for several years between swing trading and scalping strategy. When I declared that I am a scalper and focus only on scalping strategy, I became a consistently profitable trader.

 

  • How did you adjust risk management to your trading personality?
    By strictly following maximum SL per trade and always aware of the maximum drawdown.

 

  • Describe a key moment in your trading career.
    The key moment of my trading career is when I finally decided to focus on forex trading after failing in business. Since then, I did my research, read books, attended seminars/webinars, watch YT video clips, and most importantly, I did not stop trading even I am losing.

 

  • How long it took for you to become a consistent trader, and what aspects did you change that helped you to become consistent?
    It took me several years in order to become a consistently profitable trader. Risk management is the key aspect I changed in order to become a consistently profitable trader.

 

 

  • What is your mental/psychological strength, and how did you develop it?
    I am a resilient person. If I set a goal I will do everything to achieve it.

 

  • What was your strategy to successfully passing The5%ers’ First Level?
    By waiting for high probability trades at the zones and apply scalping strategy.

 

  • How is trading for the5ers different from trading by yourself?
    Honestly speaking, I developed self discipline when I am trading with 5%ers. I have to follow trading rules in order to get to the next level. When I am trading my own account, I risk too much.

 

  • What would you recommend to someone who is just starting with us?
    Just be patient, take it slowly and soon we are going to welcome you on board.

 

 

  • Would you like to share anything else with us?
    I am grateful to 5%ers for giving us the opportunity to manage high trading capital and in the process, I became a professional trader.

 

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