Tan T. – A Consistent Trader Withdrew 6 Times For a Total of $14,341.52

Tan T. The5ers $70K funded account

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Interviews With Traders

 

  • How did you adjust risk management to your trading personality?
    After opening a position, I am ready with the stop-loss first. Then I can prepare the plan for stop-loss; a ready mind can help me deny the fear of stop-loss, and then I keep it until it hits stoploss. Calculatedly, I use the Risk Reward ratio 1:1; then, I need confirmation that more than 50% is the way the market goes.

 

  • Describe a key moment in your trading career.
    At the beginning of this career, I lost a big amount of money in this market, but then I learned it seriously and slowly and improved my skills every day.

 

His next mission is to reach 10% of profit and to scale his funds to $100K.

Tan T., 29 years old, From Vietnam.

 




منبع: https://the5ers.com/trader-withdrew-6-times/

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

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Tan has successfully passed the $100K High-stakes account, but after two withdraws, he terminated it; now he did it again, passing the $60K High-stakes program, scaling it twice, and up today, he withdrew an overall of $14,341.52. Now, he is trading on a $80K funded account.

Tan T. The5ers $70K funded account statistics

 

Tan $60K High-stakes Funded Account

 

  • Briefly describe your Trading Plan and how it contributes to your success.
    Normally, I start Trading at the Asian session, and then at the Europe session, I will consider what I should do. After the analysis, I will decide I need to close the position if something’s wrong, but if everything goes right, I will hold the position, even if I will add more positions. Then, at the New York session, I will close when it has profit or before critical news. The key is to control the stoploss and keep following the plan; do not out the potion too early.

October 12, 2023 | 2:05 pm
Interviews With Traders

Tan T. - A Consistent Trader Withdrew 6 Times For a Total of $14,341.52

“The 3 profit days in the rules help the pressure of making a profit.”

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Tan T. The5ers $60K funded account statistics

 

  • Tell us a little bit about you.
    Before this career, I was an engineer. I was not happy with the job; then, I changed several jobs. I like the freedom of thinking and action, and a little bit risky. In 2020, I began Trading, and being attracted, I tried to learn more to understand the market I found out some things specific to my own trading. And keep developing day by day.

 

Tan $70K High-stakes Funded Account

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  • What was your strategy to successfully pass The5ers’ First Level?
    Do not need to care much about 3 profit days in the rules. It helps me deny the pressure of making a profit. Start the first position with low risk; it’s about from 0,3% to 0,5% for 1 position, just go slowly. When my account has about 3% of profit, I can increase the risk to 1% or 1,5%, and 3% is the maximum risk. I usually use the risk-reward ratio of 1:1 for almost all trades.

 

  • What would you recommend to someone who is just starting with us?
    Let’s start with a small risk. When you have more profit, about 2% or 3%, you can increase the risk but never too high than the current profit.
 

 

  • How long have you been trading?
    It’s been about 3 years, and I am a full-time trader.

 

  • How long does it take to become a consistent trader, and what aspects did you change that helped you become consistent?
    it’s about 2 years, I think so.

October 12, 2023 | 2:05 pm | Interviews With Traders

 

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