Mohamed A.’s Success with The5ers Trading

Mohamed A., a 60-year-old from Sweden, has achieved impressive success with The5ers, growing his $100K High-Stakes account and withdrawing $4,300. Despite being relatively new to forex trading, he aims to increase his account to $125K by achieving a 10% return.

Mohamed’s trading journey began with local Swedish stocks and options 15 years ago, but he transitioned into forex trading about four years ago. As a scalper, he focuses on trading during the London and New York market openings, typically risking no more than 2% of his capital per trade. His approach, however, is still evolving as he seeks to refine his strategy and develop a comprehensive trading plan.

In his early days, Mohamed faced significant challenges, including substantial losses due to inadequate risk management and frequent adjustments to stop-loss levels. By reducing his lot sizes and avoiding overtrading, he began to see improvements. This period of trial and error—marked by the failure of over 12 challenges from various prop firms—eventually led to a breakthrough in early 2023 when he embraced the idea that losses are an inherent part of trading. This shift in mindset helped him gain consistency and confidence.

Mohamed A.’s Success with The5ers Trading

Mohamed attributes his success to his disciplined risk management approach, including a commitment to not risking more than 2% per trade and closing losing positions before they hit stop-loss levels. He also credits his mental resilience, which he developed through patience and taking breaks after significant losses to avoid revenge trading.

For those starting with The5ers, Mohamed advises taking a measured approach, as there are no strict time limits. He finds The5ers’ scaling programs particularly beneficial compared to solo trading and values the opportunities and support provided by the firm.

Mohamed recommends the YouTube channel “The5ers Funding and Beyond” as a valuable resource for traders. He also appreciates the community aspect, expressing gratitude for the opportunity and enjoying the support from The5ers’ Discord community.

Summary Of The News

Mohamed A., a 60-year-old trader from Sweden, has made significant strides with The5ers, withdrawing $4,300 from his $100K High-Stakes account. Despite his recent shift to forex trading, Mohamed’s disciplined approach and evolving strategies have helped him aim for a $125K account. Overcoming early losses and refining his risk management, he emphasizes patience and avoiding overtrading. Mohamed values The5ers‘ scaling programs and community support, recommending their resources to new traders.

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