Well done Rajiv.C. you did a great job this time, the consistent and the patience finally became worthwhile, on his third attempt Rajiv needed 1 month to reach the target, his profit Factor is 1.58 which is great, and also a great sharp ratio of – 0.20, he now becomes a funded trader for The5ers Fund with start account of 24K, his next goal is to reach 10% of profit And get doubled to 48K, The5ers team proud of you, and we all wish him a great success.
Please describe your trading journey. How long are you trading? when you become consistent? what made the change for you?
I have been trading since 2011, and only became consistent, in the last 12 months, The use of good MACD, and Crystal Ball Indicators have made a considerable change for me.
How were you introduced to trading?
Vladimir Ribakov, he was my mentor and the one that introduce me the forex market.
Describe your trading plan.
Use of Crystal Ball and MACD Convergence Divergence.
Tell us about your trading routine
I trade almost all day, starting from the Aussie Session and finishing upto US. Often however, I tend to skip the Aussie session.
How do you manage risk in your trading? Do you have a risk management technique you can explain?
I manage risk in 3 steps, 1) Money Management, 2) Trade Management, 3) Overall Mind Management, I use Vladimir Ribakov’s Invalidation/ action zones. and make sure that the lot sizes are small , rather not too large, and don’t use more than 2% of equity balance.
What was your biggest challenge in trading, and how had you overcome this?
Waiting for the trade to come to a completion, since I am sure of my strategy, sometimes as the price value goes against me before going in my direction, the wait time is longer. I spend this time for my own research on various subjects of Interest including reading books and watching documentaries and wait patiently.
What was the key moment of your trading career?
Getting success with 5%ers is the key moment in my trading career.
In your opinion, what are the most important characteristics for maintaining a steady trading career?
Money/ Trade/ and Mind Management, along with the capabilty to wait patiently for a result.
What it the most important trading mental aspect, and how do you apply it in your routine?
Patience and calmness. I apply this by NOT starting trading till I am sure I am calm and composed. I do this by going to youtube and start watching videos of interest, if I am rapidly changing channels I know, I am not yet ready and need to get some fresh air or go for a 15 min walk, also I check my heart beat on my smartwatch.
What is your strategy to successfully pass the5%ers evaluation account?
Primarily, yousing Indicators like Crystal Ball, and MACD Convergence Divergence, if the MA, and 2 or more MACD are simultaneously in the same direction along with stochastic, I enter otherwise not, I prefer to take trade on an hourly chart.
Please share your recommendations to online resources that were significant to your development path. Name and links are appreciated.
The 5%ers Funding Forex Traders & Growth Program is a trademark brand name owned by FIVE PERCENT ONLINE LTD. ISRAEL (LEI: 894500CK24MUEFQG0E92) and its UK Subsidiary FIVE PERCENT ONLINE LTD,
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Risk Disclosure: The services provided on this website are professional skill-assessment services. The outcome of the proposed services is necessarily determined by the individual professional skill level and ability to perform under the program guidelines and objectives as elaborated for each service separately. Clients are advised to conclude a thorough study of the requirements of the program before signing up for any of the services.
Hypothetical Performance Disclosure: Hypothetical performance results have many inherent limitations, some of which are described below. no representation is being made that any account will or is likely to achieve profits or losses similar to those shown; in fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. for example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all which can adversely affect trading results.
Testimonial Disclosure: Testimonials appearing on this website may not be representative of other clients or customers and is not a guarantee of future performance or success.
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