In a recent interview with The5ers, Emre O. shared his successful journey, shedding light on his strategies and key lessons learned.
In a recent interview with The5ers, Emre O. shared his successful journey, shedding light on his strategies and key lessons learned.
In a recent interview with The5ers, Emre shared his successful journey as a funded trader with the prop firm, shedding light on his strategies and key lessons learned.
Emre, who is now a $175K High-stakes funded trader with The5ers, highlighted the importance of taking profits and breaks after both successful and losing trades. According to him, this approach has been crucial in navigating the evaluation process and scaling his account.
Distinguishing the experience of trading for The5ers from individual trading, Emre emphasized the advantage of building backup accounts. This strategy serves as insurance, providing a safety net in case one account is breached.
For newcomers, Emre recommends maintaining detailed trading diaries and analyzing both successful and unsuccessful trades. Learning from mistakes and adhering to self-established rules are key factors in achieving consistency.
When asked about online resources, Emre specifically endorsed Cred’s videos on YouTube for beginners. He encouraged traders to find their own strategies, revealing his preference for price-action-based trading while also incorporating macroeconomic forecasts for better trade targets. Emre also suggested checking out FX Academy for further educational resources.
Looking ahead to 2024, Emre expressed his goal of becoming a $1 million funded trader with The5ers, wishing success for all traders associated with the firm.
Reflecting on his journey, Emre shared that while it took 1.5-2 years to grasp technical aspects, achieving consistency was the most challenging step in his career. He humbly acknowledged that he is still learning from mistakes and striving for increased consistency day by day.
As Emre continues his path toward success, his story serves as inspiration for aspiring traders within the The5ers community and beyond.
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The Funded Trader follows a belief that every retail trader deserves an opportunity to raise capital based on their performance and commitment to building their own business. They are searching for passionate and experienced traders who will succeed with the help of their funds by showing skills in various market conditions.
Bespoke Funding strives to create unique funding opportunities for traders worldwide by creating approachable ways to become a professional, funded trader who can remotely manage their capital. They have developed a user-friendly experience with the industry's best technology to back it.
MyFundedFX offers traders three different challenge programs that aim to provide an opportunity to trade without risking their own capital. Profitable traders receive a payment based on a specific percentage of the profits they make while having no liability on the firm's capital, meaning that they will cover all losses.
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