Forex vs CFD trading Forex is known as the world’s biggest trading market and has always attracted investors from all around the world. But many people who understand the basics of forex don’t even necessarily recognize that there are actually different ways to trade in currency. In fact, there are several. But the two that […]
If you have a losing streak keep cool, keep calm, and keep following your plan., That’s Rico Advice Rico .Y, 29 years old, Australia. “The key for passing The5ers’ evaluation is a good risk reward ratio”. Rico has just successfully passed our evaluation program with a great trading plan and has become a forex funded trader. He […]
Don’t focus on other people (signal services, bots), instead of learning the market your self, That’s David Advice David.A, 24 years old, Ireland. “Start to Believe and Respect the Complete Trading Process”. David has just successfully passed our evaluation program with a great trading plan and has become a forex funded trader. He is now one of […]
A Close Look at the Japanese Yen GDP per capita is 22nd in the world, the Japanese Guppy Yen is the 3rd most valued currency in the world after the USD and EUR. The economy is very strong and quite diverse, with large exports in automobiles and a very healthy manufacturing sector. In addition to […]
Respect the complete trading process, Follow the rules knowing that if everything goes wrong, you will live another day to recover your losses, That’s Jose Advice Jose.A, 43 years old, Mexico. “Start to Believe and Respect the Complete Trading Process”. Jose has just successfully passed our evaluation program with a great trading plan and has become […]
Why stop losses are your best bet against runaway losses We’ve said it before and we’ll say it again: a successful trading career is built around effectively managing risk. Traders who don’t take the proper precautions and who don’t plan for negative outcomes will quickly find themselves in situations that they’re unable to manage and […]
Why do most day traders fail? Day trading is the practice of buying and selling financial assets over very short time periods, ranging from seconds to hours or days. Short-term trading can produce outsized gains but it can also be a one-way ticket to the poorhouse. New day traders often make the same mistakes. Knowing and learning […]
Once you trade on the higher timeframes with a larger stop, you relaxed and accept the market for what it is, That’s Charles Advice Charles.U, 40 years old, South Africa. “The Smaller Forex Market Timeframes Will Burn You Out”. Charles has just successfully passed our evaluation program with a great trading plan and has become a forex funded […]
Use EA’s that help you to make the risk management more easily, That’s Miguel Advice Miguel.A, 22 years old, Mexico. “Read the price action is the key, not the indicators”. Miguel has just successfully passed our evaluation program with a great trading plan and has become a forex funded trader. He is now one of our funded traders […]
What Golf and Trading Have in Common This post aims to describe parallels between the game of golf and financial trading. I hope it will give you some insights to reflect on and key takeaways to help improve your trading performance. So, it’s happened… I’ve taken up golf. Yes, being middle-aged, I realize it is […]
Leonardo is on the way to gain 10% profit and double his funded account to $320k! Forex Success Story – Leonardo.K from Italy is one of The5ers funded traders. He’s been with us for almost a year, and he is already trading a $160k funded account, his next mission is to gain 10% and double […]
You need to decide whether or not you’ll be willing to do whatever it takes to obtain that “thing” you desire, That’s Martijn Advice Martijn.D, 24 years old, Netherlands. “Be consistent with forex, keep learning and stay disciplined”. Martijn has just successfully passed our evaluation program with a great trading plan and has become a forex funded trader. […]
To overcome bad habits you should stay with one method and trade with less lot size, That’s Kevoy Advice Kevoy.G, 24 years old, Jamaica. “Choose the trading method you like and develop a trading plan around It.”. Kevoy has just successfully passed our evaluation program with a great trading plan and has become a forex funded trader. […]
A Close Look at the Canadian Dollar Although the Canadian economy according to GDP is only the 10th largest in the world, the Canadian Loonie Dollar is the 6th most held reserve currency. Just 8 currencies make up 80% of all trades in the forex market and the CAD is one of them. It’s fair […]
Focus on the long game, not the short fast gains, That’s Kristofer Advice Kristofer.M, 29 years old, Sweden. “Take Your Time Don’t Rush the Trading Evaluation Period (6 Months)”. Kristofer has just successfully passed our evaluation program with a great trading plan and has become a forex funded trader. He is now one of our funded traders […]
Forex Trading Fund What would you say if we told you that TV and Hollywood got it all wrong? That in fact, the sexiest and coolest money managers aren’t wolves of Wall Street or high stakes traders in fast-paced boiler rooms, but rather, fully funded self-employed forex traders? Ok, well maybe we exaggerated with the […]
Trading is like running a business, you need to have a long term approach, That’s Alexander Advice Alexander.H, 25 years old, Canada. “How I got funded with The5ers!”. Alexander has just successfully passed our evaluation program with a great trading plan and has become a forex funded trader. He is now one of our funded traders and […]
Risk Allocation is a Very Important Part in Your Risk Management Risk allocation is one of the subjects that not many people or educators talk about. At least, they don’t talk about it in dept. Risk allocation is a very important “tool” in your risk management toolbox and can increase your profits while reducing your […]
A Close Look at the US Dollar The United States Dollar is a powerhouse. Representing the world’s largest economy since 1871, the USD is the most widely circulated and traded currency in the world. This global dominance and the fact that it’s the world’s reserve currency makes the USD one of the most stable currencies […]
I risk 0.5% for every trade and I copied all the trade I take in my main account, That’s was Leonardo strategy for passing The 5%ers’ Evaluation Leonardo.M, 23 years old, Italy. “Backtesting indicators until you find the one that truly works for you”. Leonardo has just successfully passed our evaluation program with a great trading […]
The Difference Between Brokers When it’s time to choose a broker for your trading career, it is crucial to understand the types of brokers out there. There are a lot of Forex brokers in the world today, and choosing the right one could be a daunting task. It is in a trader’s interest to understand […]
Once a while I can get overtrade on my personal account, trading with The5%ers with controlled on lot size is really helpful Aris Hashim, 49 years old, Malaysia. “Proper lot size management”. Aris has just successfully passed our evaluation program with a great trading plan and has become a forex funded trader. He is now one of […]
Why Trading for a Proprietary Trading Fund is the Natural Progression for Your Career Somewhere in the mid-70s to early 80s, a new type of trading emerged. During this period, many individual traders couldn’t get enough funding or liquidity in order to trade high volumes on their own. In response to the demand of traders, […]
A Close Look at the Aussie Dollar The Australian Dollar AUD (Aussie Dollar) is quite a remarkable currency. Australia itself is not the largest or most prominent economy in the world. It’s not even in the top ten. But AUD is the fifth most traded currency. It’s rather volatile even when the global economy is […]
