$100K Funded Trader Got Paid 2 Times and Withdrew $7,312 Overall

We spoke with Dylan about his trading plan, insights, and lessons gained while trading in the markets and our platform as a funded trader.

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Dylan $100K High-Stakes Step One

Dylan $100K High-Stakes Step Two

Tell us a little bit about you.

Just a regular guy who trades, lol.

How long have you been trading?

I am a part-time trader since 2020.

Briefly describe your Trading Plan and how it contributes to your success.

I use the 15m and 5m timeframes mostly to look for intraday setups. My preferred session is London. I use the Asia range as a guide for the day a lot of the time. My entries are on the 5m timeframe, and I look for supply and demand zones that need filled.

Please share with us a challenge you faced in your trading career and how you overcame it.

I used to swing trade, but now I trade more intraday, so that was a large adjustment. I also had early success trading, followed by some inconsistency and failures of challenges, etc., so getting over the mental side of that was challenging, but as time has gone on, that has gotten much easier.

How did you adjust risk management to your trading personality?

Risk management and emotions are two things I’ve had to work on over the few years I’ve traded. Both aren’t perfect yet, but I feel like I’ve made good progress with both. Challenges used to be a large obstacle, and now I’m passing them more frequently, so that’s a positive. The next step is obviously keeping a funded account longer than just a couple of payouts.

Describe a key moment in your trading career

I had a large 6 figure payout from ftmo last year. That was definitely nice as it made up for any failed challenges previously and it’s nice to make money lol that’s what trading is all about at the end of the day. So far this year I’ve been paid out by the 5ers and I’m hoping for continued success as the year goes on.

How long does it take to become a consistent trader, and what aspects did you change that helped you become consistent?

Took me 2 years, but with changing the way I trade now I find I have consistent stretches of really good trading and then followed by more drawdown periods than I’d like. This is something I’m working on right now as I mentioned one of my short term goals is to keep funded accounts a lot longer. But the change in trading style has worked better for me in regards to trading with a full time job and not having to be on the charts as often.

What is your mental/psychological strength, and how did you develop it?

Honestly, I think I developed it from losing money when I started, and many failed challenge attempts; you get sick of it. I also think that I have gotten stronger mentally from being able to pass evaluations and challenges more consistently now; that makes a big difference knowing you can do that. It also has removed a lot of the FOMO that I had previously. Sometimes the small wins or maybe more insignificant wins in trading actually can make the biggest difference.

What was your strategy to successfully pass The5ers’ evaluation?

The same strategy I briefly described in this questionnaire

How is trading for The5ers different from trading by yourself?

I like the scaling plan a lot; that’s my next goal with 5ers. I was funded a couple of times this year and ended up losing the accounts, so now it’s a matter of holding onto the funding and playing the long game. I feel like the return on your investment with 5ers is definitely accelerated and quite high with the scaling plan that is in place. Building a personal account is a lot slower in comparison

What would you recommend to someone who is just starting with us?

The first thing I would say is they’ve chosen a good firm, spreads, payouts, customer service, etc. are awesome here. I would tell them that the markets aren’t going anywhere and not every day is a trading day; these are also things i have to remind myself actually. It’s about the long game, and as hard as that can be at times, I think we all need a longer-term perspective. I would also recommend swing traders use the hyper-growth accounts and scalpers or intraday traders use the high-stakes accounts.

Please share online resources that were/are significant in your trading development.

I learned swing trading here, and a guy named Tyler Crowell. My recent strategy is taking the swing approach from them to the smaller timeframes, and my main market understanding.

Would you like to share anything else with us?

No I think that’s all.

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