Nguyen’s Trading Journey: From Losses to Success with The5ers

Nguyen, a 30-year-old trader from Vietnam, has become a remarkable example of persistence and growth in the trading world. Nguyen’s trading success with The5ers reflects his dedication and skill in the markets. As one of The5ers’ $125K funded traders, he has earned seven payouts totaling $36,136, demonstrating his disciplined approach and commitment.

Currently, he aims to increase his account by 10% to scale his High-Stakes account to $150K. Nguyen shared his trading journey, strategy, and lessons learned while trading on the platform as a funded trader. Living in Ho Chi Minh City, Nguyen began trading in 2018, initially focusing on cryptocurrency. 

However, he soon discovered that crypto was more challenging for him, so he shifted his focus to forex trading. After gaining experience there, he eventually concentrated on trading gold, which better suited his style. Over his eight years of trading, Nguyen refined his approach and developed a breakout strategy that gives him confidence. He places alerts on TradingView for key resistance and support levels and then analyzes smaller time frames to decide whether to take a full or partial position or wait for a clearer opportunity. 

Nguyen’s Trading Journey: From Losses to Success with The5ers

Risk management plays a crucial role in Nguyen’s success. He adjusts his risk to about 1.5-2% per trade during steady markets and lowers it to 1-1.5% when the market moves aggressively. On profitable days, he actively looks for additional trades, ensuring that his final daily profit is at least 0.5%. 

This disciplined approach helps him maintain consistency. Nguyen emphasizes the importance of backtesting and personal understanding. He realized that knowledge gained from the internet only becomes valuable when applied and tested thoroughly. He stresses that consistency is key and describes his trading as a lifestyle essential to support his family while maintaining balance and happiness. 

Mentally, Nguyen cultivates strength by spending time reflecting on his emotions and avoiding comparisons with others. He focuses on daily improvement and minimizes impulsive decisions. His strategy to pass The5ers’ evaluation involved confidence, moving stop losses to break even, and layering trades in the trend direction with careful position sizing. When trades do not work out, he accepts losses with grace, forgiving himself and preparing to try again the next day, recognizing that the market will always present new opportunities.

Summary Of The News

Nguyen T., a funded trader with The5ers, has earned over $36,000 and aims to scale his account to $150K. He started trading in 2018, transitioning from cryptocurrency to forex and gold. Nguyen relies on a breakout strategy with strict risk management and continuous backtesting. He emphasizes mental resilience, daily self-reflection, and accepting losses gracefully to stay consistent and confident in the markets.

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