Use 5%ers framework to develop your risk management. That’s Khotso Advice. Khotso M, 26 years old, From South Africa. Khotso has just successfully passed our Level 1. He is now one of The5ers funded traders and is trading with a 24K low-risk funded account on our platform. His next mission is to reach 10% of […]
Examining the Good and the Bad Sides of Each one of the Money Management Methods At the core of any competent trading strategy is a well thought out and tested money management method. When properly crafted and applied, there is no better indicator for giving each entry the highest probability of successfully resulting in the […]
RSI – Relative Strength Index The RSI indicator is very popular among traders and investors in all financial markets and has been discussed in several books, articles, and conferences over the past years. Wilder, the main developer of the RSI indicator, has explained this indicator and its applications in a book that he published in 1978, […]
Take your time, do not try to finish the challenge in just a few days by having one big trade. That’s Marcus Advice. Marcus K, 57 years old, From Germany. Marcus has just successfully passed our Level 1, he is now one of The5ers funded traders and is trading with an 80K aggressively funded account […]
Effectively Utilizing an Evolving Position Will Increase Profit Growth When considering a jump into the trade market, it’s easy to become fixated on the timing of entry. But studying the performance and readying yourself to jump in at the right moment may lead you to miss out on a crucial component. This could lead to […]
From what traders suffer the most This webinar uncovers common challenges forex traders face during their trading careers and gives practical tools to fix them. After hundreds of talks with traders, The5ers senior analyst, Saul Lokier, reveals ways to fix the most common challenges forex traders face. Get your free trading plan PDF Read here […]
Only a handful of indicators are needed to ultimately help frame the trader’s stratagem. That’s Avishal Advice. Avishal K, 36 years old, From South Africa. Avishal has just successfully passed our Level 1 in only two active trading days, now he can withdraw his profit share immediately (In The5ers, you can withdraw your profits whenever you want, […]
Shades of success in forex trading Traders tend to constantly compare themselves and their results to others, hoping to achieve other people’s performance, forgetting that reality differs from person to person. Available time for trading, available trading sessions to trade (time zone), strategy, risk tolerance, trader profile, skills, and available capital – are some of […]
Applying Double Confirmation on a Breakout Trade All traders like to see a break of a new high level, or on the other hand, a new low. Breakout trading is a very popular method. Once we have a breakout, traders like to join the trend, assuming they will see new heights. The big problem is […]
Parabolic Sar Indicator Parabolic SAR (Stop And Reverse) is a technical analysis method designed to follow trends in the currencies, stock, and securities market. It is an especially great system for traders involved in option and currency trading who depend on fluctuating market trends and prefer to know beforehand when the market’s momentum might change. […]
Don’t beat yourself over mistakes. Everything is a learning opportunity, not a failure. That’s Joe Advice. Joe H, 47 years old, From the United States. Joe has just successfully passed our Level 1. He is now one of The5ers funded traders and is trading with an 80K aggressively funded account on our platform. His next […]
Three Key Elements to Transform You Into A total Professional Forex Trader Imagine an equilateral triangle. Three equal sides, existing as a whole together. Occasionally, one might pull at the other two. One side might grow while the other two shrink. The triangle might morph into an acute or an obtuse triangle before settling back […]
Funded Account Drawdown All prop firm traders will find themselves in a Drawdown on a funded account at a certain point in their careers. When trading for a prop firm, it is important to understand the amount of drawdown allowed and time expiration Days in order to be able to recover in time and avoid […]
Find a group of likeminded individuals, you need your buddies who understand you. That’s Daniel Advice. Daniel G, 46 years old, From Sweden. Daniel has just successfully passed our Level 1. He is now one of The5ers funded traders and is trading with a 40K low-risk funded account on our platform. His next mission is […]
A quick guide to trading drawdowns’ definition and common use According to Merriam-Webster, drawdown is the process of depleting. In financial terms, we’re going to add to the simple definition and further define it as a measurement of any performance and how much it can absorb a loss before it goes into profits. Trading drawdown is […]
RSI Trading Strategy Ah, the good ol’ technical indicators. They let you determine where the price is heading next. Among these indicators is the RSI. The RSI is popular among the trading community, especially day traders, as it gives you an idea of future price trends. But how can you use the RSI indicator for […]
Use stochastic to help you determine the strength of the market. That’s Anthonely Advice. Anthonely J, 44 years old, From the United States. Anthonely has just successfully passed our Level 1. He is now one of The5ers funded traders and is trading with a 40K low-risk funded account on our platform. His next mission is […]
Trading The Non-Farm Payrolls (NFP) Did you ever witness a situation where the USD pairs began making moves? You wonder what the hell is wrong, why the market is moving against you? Well, there are several reasons why the market may change its course. One of them is NFP. Ever heard about it? If you […]
Eliminate risk as the trade moves in your favor in case it suddenly reverses on you. That’s John’s Advice. John N, 51 years old, From the United States. John N has just successfully passed our Level 1. He is now one of The5ers funded traders and is trading with a 40K low-risk funded account on […]
Part 2 of Our Comprehensive List of the Most Powerful Lagging Signals There are two groups of indicators in forex trading: leading economic indicators and lagging economic indicators. The first type – leading indicators give a signal before the new trend or reversal occurs. The second type – lagging indicators give the signal after the trend has started. Our previous article (part 1), 7 of the […]
Andrews Pitchfork’s strategy Alan Andrews has invented the Andrews’ pitchfork strategy. This pitchfork is a technical indicator consisting of 3 parallel trendlines (Median line, upper trendline, lower trendline). Andrews’ pitchfork is drawn, using one of the below methods: * low-high-low * high-low-high This indicator is used to identify the possible location of supports/resistances as well […]
Study risk management very well and do not start in an improvised way. That’s Alejandro’s Advice. Alejandro V,24 years old, From Spain. Alejandro v, from tradetoday, 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 […]
Part 1 of Our Comprehensive List of the Most Powerful Trading Leading Signals In this article, we describe the best leading economic indicators for predicting the future movements of the market. Market analyst’s jobs are to study current and historical trends and to come up with a forecast for the market. They merely make predictions. […]
Only one step away from managing over $1M funded capital! Brandon R, 27 years old, from the United States. Brandon is a Level 4 Funded Trader. He has successfully passed 3 levels with two different accounts. He is now trading two accounts, each one with $320K. His next mission is to reach a 10% profit […]
