Back to Blog“Always use the trading systems that you have already backtested.”
Jakkranut has just successfully passed our Level 1 with a great trading plan.
He is now one of The5ers funded traders and is trading with an 80K forex funded account on our platform.
His next mission is to reach 10% of profit and double his funds to 160K.
We spoke with Jakkranut about his 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 professional funded traders.
- How were you introduced to trading?
I have firstly know about trading from my friend.
- After how much time did you become a consistent trader?
I became a consistent trader after 3rd year. I have done many backtest and created my own systems.
- Do you have a specific trading plan?
Yes, I do. I trade by using less than 1 percent risk and always use the trading systems that I have already done back testing myself.
- Please describe your trading routine?
Check the macro economic, fund flow information to see trend direction and follow the trading system.
- Do you have any risk management techniques? If so, please, elaborate?
Minimize risk by using a maximum of 1% per trade, and I use EA (”Trade assistant” in mql5 market) to calculate.
- What was your biggest challenge in trading, and how did you overcome it?
Fund flow and macro economic information are hard to access and not for free. I had to study hard to collect as much information from different sources.
- What was the key moment of your trading career?
It is the day that I change my trading style from trading by using my own emotion to using the backtested system.
- What do you think are the most important characteristics for maintaining a stable trading career?
Risk management and consistent profit.
- Do you apply any mental/psychological routines while trading? Please elaborate.
I meditate every day.
- What was your strategy for successfully passing The 5%ers’ Evaluation Program?
Keep backtest the system and checking macro economic information to lead your trade.
- Please share your recommendations for online resources that were/are significant in your trading development.
CME.com, Facebook.com/nothingz.eazy
- Would you like to share anything else with us?
I am happy and grateful that I can work with such a wonderful company like the 5% ers
If you want to receive an invitation to our live webinars, trading ideas, trading strategy, and high-quality forex articles, sign up for our Newsletter.
Subscribe to our youtube channel.
