What We Think Doesn’t Help, Actually Does! There is a typical pattern where traders are more often avoiding their emotions in trading. But what we don’t realize is that emotions are not a bad thing. The negative thing is actually about traders avoiding them, which lands up taking away the advantage of the human mind, […]
Home trading setup Working from home used to be a dream for many in the past, but now there are plenty of opportunities to work from home as the internet and smart technology evolved. Online trading has become quite popular, and most traders work remotely. Hence, having a nice home office for day trading contributes […]
2020 Had taught me, we will never be the biggest player in the funding industry It’s over. 2020 will be a year to remember, mostly for it was a year that taught us how to adapt to changes, reshape our habits, and rephrase our goals. The year was challenging and full of surprises. While the […]
Lessons From 2020 and Plans for 2021 A weird, surprising, and challenging year is ending. Markets have experienced historical volatility and reacted to unprecedented macroeconomics events. 2020 has been a year to remember for many of us. I would say the same for The5ers. The5ers is much more than a funding company. I don’t see […]
Most Common Currency Types in the Forex Market Various Types of Currency Pairs – The sheer size of the global forex market is something to behold, with this entity said to be worth a staggering $1.934 quadrillion. This is more than 2.5x the size of the world’s GDP, while it continues to grow incrementally on […]
Develop a plan which enabled you to start having more patience to grow smaller accounts, That’s Phillip Advice Phillip W, 33 years old, United States. “Swing trading or intraday scalping, stick to money management”. Phillip has just successfully passed our Level 1 with a great trading plan and has become a forex funded trader. He is now […]
Controlling fear in forex trading The term “scared money don’t make money” is used in many ways by members of the hip-hop community and in the world of financial markets and investments. But what does that mean? People who are too afraid to take risks in business, life, and financial markets are unlikely to make […]
Experience the Benefits of a Nostro account Taking its name from Latin, the term nostro simply means “ours”. In the banking world, this “ours” refers to a bank account established through your own local bank with a foreign bank in the currency of that foreign bank. On the other side of nostro accounts are vostro accounts. […]
The unknown creates fear. Eliminate the unknown, eliminate the fear. Knowledge is key, That’s Satchyl Advice Satchyl H, 26 years old, Canada. “The key aspect that helped me to become consistent was journaling my trades”. Satchyl has just successfully passed our Level 1 with a great trading plan and has become a forex funded trader. He is […]
Forex Prop Trading A lot of traders today are thinking about taking their trading career to the next level by becoming a forex prop trader. That is the goal for traders, who plan on building successful careers in trading forex. There are a lot of forex traders that are trading by themselves, but they don’t […]
In the art of market chart analysis, one of the most popular and interesting approaches is the Elliott Wave Theory principle. This is a method that has been in use since the 1920s. Interestingly, old as it is, the method has proven to be a tough concept for most traders. This is no surprise, since […]
How to utilize this negative progression strategy to succeed in the forex market Motivated traders, whether at the beginning of their careers or firmly established in the craft, are always looking for potential ways to capitalize on the market. The Martingale strategy is one such method, especially for traders looking to shift their effort away […]
Learn to think in terms of probabilities and statistics which enable you to trade with an objective state of mind with little emotions, That’s Edmund Advice Edmund. L, 21 years old, Singapore. “Find a strategy that gives you a statistical edge in the market with positive expectancy”. Edmund has just successfully passed our Level 1 with […]
How to decide what type of trader you are A lot of people consider trading to be the best form of making money, so it comes as no surprise to learn that a lot of people learn about financial markets through this avenue. There’s a lot of forex traders that do not have a clear […]
Are mobile trading apps the way to go into the future of the fintech industry? Forex trading apps – With the evolving technological advancements, businesses are often challenged to keep up with the hype. Competition is on the rise, and so is the integration of innovations to the industry. One of the most relevant inventions […]
If you can’t read the market structure then do not trade, That’s Cristian Advice Cristian. B, 38 years old, Romania. “Never stop searching for the best trading strategy to reach your goal”. Cristian has just successfully passed our evaluation program with a great trading plan and has become a forex funded trader. He is now one of […]
Do not risk more than 1% per trade, on Monday or Friday, use only 0.5% or less, That’s Tobias Advice Tobias. B, 32 years old, Germany. “Be satisfied with what you gain and don’t think about what you could get”. Tobias has just successfully passed our evaluation program with a great trading plan and has become […]
Best Remote Prop Trading Firms that Suit your Goals and Needs In order to give yourself the best chance of succeeding, you need to make sure you pick the best remote forex proprietary trading firm that will work well with your personality and trading style. If you end up choosing a firm that doesn’t line […]
US Dollar Predictions for 2021 While accounting for the ongoing worldwide impact of coronavirus, the one news item that has dominated the global agenda during Q4 is the US Presidential election. Even now that Democrat candidate Joe Biden has been declared the winner of the election, the protestations of the Trump administration have meant that […]
let the trade come to you and embrace the fact that patience will sometimes cause you to miss some trades, That’s Kurt Advice Kurt .S, 53 years old, United States. “I use Forex fractal geometry and price action for my entry and exit points”. Kurt has just successfully passed our evaluation program with a great trading […]
proprietary trading for beginners Enterprising traders looking for a lucrative career in the trading world have most likely heard the buzz about proprietary trading. In this extensive beginner’s guide to proprietary trading, we will explore all aspects, the pros, and cons of prop trading jobs at a prop shop. Prop firms or prop shops as […]
What’s New at The5ers The5ers Welcomes all Forex Traders! NEW programs for every trading style. NEW The5%ers Traders Support Group New The5ers AGGRESSIVE Programs Instant funding All it takes is 12% in 2 months on a real account to complete funded level 1. Double your funds for every 25% of profit earned from funded […]
MT4 indicators commonly used by forex traders When you start trading, you might be inundated with many forex indicators that can confuse you if you are not well informed. However, you don’t need all of these indicators to be a successful trader. All you need to do is, to identify the best ones and learn […]
The best ratio of earnings to losses can only be achieved by capturing the major trends, That’s Qiang Advice Qiang.Y, 49 years old, China. “All Trading Actions Should Be Planned in Advance”. Qiang has just successfully passed our evaluation program with a great trading plan and has become a forex funded trader. He is now one of […]
