Interviews With Traders
Natalia Explains Her Methodology to Pass The Bootcamp
March 10, 2022 | 3:46 pm | Interviews With Traders
March 10, 2022 | 3:46 pm
Interviews With Traders
The5% ers gives you a unique chance to scale, take your time and take your chance. That’s Natalia’s Advice.
Natalia B, 24 years old, From Poland.
Natalia has just successfully passed the Bootcamp challenge. She is now one of The5ers funded traders and is trading with a $100K funded account on our platform.
Her next mission is to reach 5% of profit to pass to the next level.
We spoke with Natalia about her 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.
- Tell us a little bit about you.
I started trading on the markets at the age of 17. The stock market interest came after watching Wolf from Wallstreet. I started to wonder how to transfer what I saw to real life. From then on, I began to diligently study every book on the stock market. At the age of 20 and still in college, I started writing analyzes and educational texts for stock exchange portals. Back then, I was already trading on the market and refining risk management and entry/exit methods. The stock market is my passion and I love what I do.
A good analyst is also a good trader. I am currently the head of the analysis department at Finmex, an analyst at Investing, Forex Club, FX Mag and Trefix. While at university, I ran stock exchange academy projects. I am also a financial analyst and work with algorithmic systems on a daily basis.
- How long have you been trading?
I have been trading for 7 years, and I am a Position Trader.
- Briefly describe your Trading Plan and how it contributes to your success.
I’m obsessed with risk. I created a special calculator and I try not to exceed the max exposure to 1 trade above 0.20% -0.15% of the total capital. I only trade on a clean chart based on the supply and demand zones on the H1 interval. I’m waiting for my bargains and I’m not in a hurry, although I managed to complete Bootcamp very quickly.
- Share with us a challenge you faced in your trading career and how you overcame it?
The hardest thing is to slow down. We always want to see 50%, 100%, 400% returns on the bill, preferably in the shortest possible time. The market is not a race. There will always be opportunities there.
- How did you adjust risk management to your trading personality?
As an analyst, I don’t like to be wrong :), nobody likes it. So, since I know that I have a problem with admitting a mistake, I use SL, which for me is taking the wrong side on the market. Since I can risk 0.2% -0.15% and I can make a 4% mistake 26 times in this drawdown, I’d rather do this than take a 1% risk per trade and only have 4 tries to make a mistake.
- Describe a key moment in your trading career.
I think he is coming now. All my work on various prop trading accounts was getting ready for the mission of getting a really nice scaling account.
- How long it took for you to become a consistent trader, and what aspects did you change that helped you to become consistent?
This happened after 3 years of trading. It is known, however, small account = little thinking. I think focusing on the risk, not the signal generator, changed my trading. I do not focus to be effective in the form of 99%, 60/50/40 is enough for me. Good risk management in my case has become the key to being a real trader.
If I am wrong about the direction of the market, I can always have a well-managed position, average, or hedge.
- What is your mental/psychological strength, and how did you develop it?
I meditate. I start each day with a blank slate. I don’t fight the market when I’m losing. I set myself a limit, when I lose 0.75% of my account, I close the trade and go to rest. I go back and start work again.
- What was your strategy to successfully pass The5%ers’ First Level?
I am looking for places of supply/demand in charts. I mark the levels, set pending orders, TP and SL, and … wait. I don’t trade between levels.
- How is trading for the5ers different from trading by yourself?
Clear rules that I have to follow. When trading on our own account, we usually allow ourselves too much. We endure the loss, we go down the SL deeper. The pressure to close a transaction on a given SL is healthy!
- What would you recommend to someone who is just starting with us?
Keep going. For a long time I have been trying to focus on the long term and not on the short term profit. I lost my account when I was a few dollars short of reaching my target. You have to try! Every time you make mistakes and come back prepared!
- Would you like to share anything else with us?
the5% ers gives you a unique chance to scale, take your time and take your chance!
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