Philip, A $150K Funded Trader, Scaled His Account 5X And Withdrew $43,470.80 - The5ers
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- čas přidán 30. 07. 2024
- Philip is one of The5ers $150K High-stakes funded traders after scaling his account 5 times from $60K. He got paid 3 times, overall $43,470.8
His next mission is to reach 10% of profit to scale his High-stakes accounts to $175K.
We spoke with Philip about his trading plan, insights, and lessons gained while trading in the markets and our platform as a funded trader.
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High 5!
#FundedTrader #propfirm #Forex
Risk Disclosure: bit.ly/3m9toFH
Damn, Wife and kids + full time job and still scaled his account 5x that's crazy. 🔥Imagine taking this seriously as a young male, Sky is the limit.
It’s nice to see such professional people come on
Yes a fabulous interview. Thank you guys
This is by far the best trader interview I have watched from 5%ers. The trader is very sincere in sharing his trading experience from scaling up his 60k to 150k trading accounts. The current drawdown associated with overconfident, overtrading and making up the losses by increasing the lot size offers very valuable lesson learnt for the new traders who are trying to pass the prop firm challenges. I like the part when he said "the results speak for itself in a negative way" once you violated the risk management rule of 0.5 % to 1% guideline. Overall, keep up with the good work!!! This is really an in-depth interview conducted by 5%ers. I highly recommend it to all the aspiring traders who want to trade for prop firm accounts to watch it.
PS: I have some questions regarding his trading strategy: is he using EMA or SMA indicator, 16 vs 360 or 60 vs 360 MA? The 16 sounds like 60 to me and vice versa.
It's probably 160 and 360. If you are trading a currency pair like the GBPUSD it will give you fantastic overall direction using a 1hr chart.
Do u use 5ers ? I have a question regarding the swap fees for indicies ..any idea if I place one lot size for nas100 what will be the swap fees for that ?
@@nadeemmukhtar-wj6gt 1lot= 4usd
IT'S ALL ABOUT RISK/EMOTIONS/PSYCHOLOGY/EXPERIENCE, YOU CAN LEARN A STRATEGY IN A MONTH
I don't think you can learn a good strategy in a month, I think really understanding a strategy and mastering it takes years
Love this interview ,the transparency is AMZING,my fav by far ❤🔥
Thanks ❤️
Great interview overall! 💪🏾
Glad you enjoyed it!
Great Interview
Thanks!
Good morning brothers thanks for the chance given to us
🙏
how many pips is his stop loss and take profit???
So he lost his 150k account at the end ? Anyway, it was a great interview, thanks.
How does withdrawal work, can I withdraw my profits to Coinbase, uk bank ect. This is just for future reference.
Yes, you can withdraw with Crypto or Wisw
NICE
Thanks
Please add more symbols to your firm e.g USOIL, BTCUSD, and so on... this will attract more traders, and diversify your risks.
USOIL, UKOIL, BTC, ETH is available.
they have btcusd, and oil (xtiusd)
Okay thank you, just saw the change...
@@CETTraders
Seems they've made more updates, thanks.
@@ninje7242
Withdrawal with your guys is horrible
Hey, we are receiving a lot of feedback from you regarding Riseworks.io, and it seems that they are struggling to onboard smoothly a large amount of traders.
Temporarily, we are bringing back the option to withdraw through Wise and Crypto until Riseworks.io is ready to deal with large amounts of requests in terms of customer support and verification processes.