The 5%ers Interview with Igor- Successfully Passed & Scaled Up!

The 5%ers shared an interview with Igor, who successfully passed and scaled up his High Stakes account. He is now trading the $150K funded account. His next objective is to reach a 10% profit to scale up his account to $175K. The 5%ers asked Igor about his trading plan, insights, and lessons gained while trading in the Forex market and our platform as a funded trader.

When asked about his trading journey, he shared that it started around June 2021 during peak Covid lockdowns. During that time, he had much time to learn about trading. Igor began by studying financial markets and macroeconomics while simultaneously demo trading. After about six months, he began dabbling with a small amount of real money. After discovering trading firms such as The 5%ers, he started trading mostly funded money as it opened up great opportunities to good traders who would otherwise not have access to such a high level of capital.

The 5%ers Interview with Igor

He also explained about this trading plan. It is a combination of macroeconomic analysis together with supply and demand technical analysis. He uses both macroeconomic and technical analysis to try and determine where the long-term price will go. Then, he uses supply and demand to pinpoint areas where price seems attractive to buyers/sellers. From there, he can narrow his entry and execute his trades in smaller time frames.

Igor is still constantly adjusting his risk management as his trading naturally evolves. He would say adjusting risk management goes together with your win rate and your average risk/reward ratio in your profitable trades.

When Igor notices he has low win rates but higher RRs, he tries to lower his risk a little, but if he starts getting high win rates (around 40-50%), he will increase his risk tolerance. Sometimes, due to trading conditions – your average win rate can change, and it is important to notice it early so that you can adjust it accordingly. He is still working on that.

Depending on your trading ability – if you’re less confident, Igor recommends the Bootcamp program; if you’re more confident, he would advise the two-step high-stakes challenge. He recommended keeping your win rate and average RR in mind and adjusting your trading accordingly. Igor said to remember, because of the 3 PROFITABLE days to pass, you do not need to rush and try to gamble your challenge. Instead, take your time and take calculated high-value trades.

That’s not all. Read the Full Blog Here.

About the Firm

Here are some interesting facts about the firm:

• Algo trading allowed
• Advanced dashboard
• Live trading room for their clients
• One-time fee
• Instant payouts, upon request
• Real-time trading notifications
• External performance statistics

Also, use our Discount Link for a 5% Discount or read the Review.