Your Guide to Passing The 5%ers’ Evaluation Program
The 5%ers' Blog > Magazine
We are always looking for new and unique traders to join our program. Our “new-generation” Funded Trading Program recruits talented forex traders worldwide, to trade on our platform using our Fund’s capital. Our Evaluation Program’s goal is super easy to reach, at only 6% net profit. The Evaluation Programs take place on live trading accounts. The traders earn real profits during their evaluation stage. Once a trader completes and passes their evaluation, they become an official Portfolio Manager Partner.
Trading on The 5%ers’ platform has two advantages: 1) We give our traders 50% of the profits, and 2) We offer an incompatible growth scheme, meaning – for every 10% that the trader earns, we double the trader’s account.
So, if you think that you have what it takes to pass our Evaluation Program, please take a few moments and to read over these six tips that we have compiled to help you.
RULES & TIPS FOR YOUR EVALUATION:
RISK MANAGEMENT RULES
If you are a competent and successful forex trader, you are likely applying similar rules:
- Do not fall below 4% relative drawdown.
- Do not risk over 1.5% on each trade.
- For all running trades – do not use leverage over 1 to 5.
We welcome all trading styles, and in fact, we encourage you to trade using your strategies, especially if they are already working for you.
ALLOW FOR A MARGIN OF ERROR
During your evaluation:
- Allow a place for a margin of error as trading is unpredictable.
- Do your best to enter your position with lower risk and lower exposure.
- Do not forget that the goal is very low – only 6% net gain.
- Do not move too fast with the full leverage allowance.
- Take a deep breath, relax, and hit your goals calmly and professionally.
TRADING STRATEGIES & ADAPTATIONS
Your trading strategies and adaptation plan should be thought of and planned before entering your evaluation.
It’s important to note:
- Measure your strategies before joining the platform.
- Take a look at how you have been succeeding before The 5%ers’ Program.
- For example – if you have been trading 6 months before entering your evaluation with our program, and have 20% drawdowns. However, our program requires a 4% drawdown, which means that to pass your evaluation, you will have to cut your position down to meet this 4% drawdown requirement.
At first glance, this 4% requirement may seem like an unnecessarily restriction that leads to lower profits. But, remember that while trading with us, when you hit 6%, you can obtain a fourfold increase on your account. So, although 4% seems low, the payoffs and rewards are exceptional if you maintain low risk. Remember, we encourage, cultivate, and reward for this!
DO NOT CHASE PRICE
There is no rush to enter the market. We prefer quality trades over a large number of trades. Slow down when you find yourself speeding up. Spend time on the accuracy of your entry. Rather miss a trade than rush in one or have a late entry.
PACE YOUR TRADES
You have six months to achieve and passing your Evaluation Program. We are not the type of traders who are impressed by the speed. We prefer thoughtful trades and also prefer traders not to over trade. What impresses us more and makes us proud is having our traders be a part of our platform.
- Be a solid trader.
- Invest wisely.
- Research diligently.
We request that you enter our program authentically and use their own tradings styles. We don’t expect anyone to change unless their specific strategies or risk management, etc., are not working for them. However, the only restraint is to maintain stop loss and exposure.
Our model is flexible and versatile, and this is why we stand out from our oppositions. If you are a full-time, part-time, overnight, or weekend trader – remain using your styles and techniques that work and change what does not.
Besides the minimal fee, no further costs. Once passing the evaluation, your fully funded trading account will bring you a 50% profit share payout monthly. It is risk-free (as we take on the risk) and you earn double for every 10% milestone reached. Have a look at our growth scheme for all the information.
A 100% Reward for Every 10% Gain is Waiting for You!
We wish you the best of luck and look forward to you joining soon!
WE FUND FOREX TRADERS!
The5%ers let you trade the company’s capital, You get to take 50% of the profit, we cover the losses. Get your trading evaluated and become a Forex funded account trader.Get Your Forex Funded Trading Account