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Successful Traders

Always Use the Trading Systems that You Have Already Backtested

Keep backtesting the system and checking macro economic information to lead your trade. That’s Jakkranut Advice.

Jakkranut H, 26 years old, From Thailand.

“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

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