In a recent exclusive interview with The5ers, they delved into the inspiring journey of trader Luca.
In a recent exclusive interview with The5ers, they delved into the inspiring journey of trader Luca.
In a recent exclusive interview with The5ers, they delved into the inspiring journey of trader Luca, one of their funded traders based in New Zealand. Luca, who has been with The5ers for a while, shared insights into his trading experience and the path that led him to success.
Luca began his journey in online money-making, trying various avenues such as dropshipping. When faced with setbacks, he pivoted towards trading, a decision that eventually led him to The5ers. His initial struggles, marked by losses and self-doubt, became valuable learning experiences. Luca emphasized the importance of psychological discipline in trading, highlighting the common challenges traders face irrespective of their experience level.
Backtesting was pivotal in Luca’s journey, helping him distinguish between strategy and psychological hurdles. With over 4,000 hours invested in backtesting, Luca realized that a high win rate couldn’t solely guarantee success; psychological resilience was equally crucial.
As a scalper, Luca shared his focus on short-term market movements, particularly in the EUR/USD pair. He relies on a strategy involving liquidity sweeps and identifying external and internal liquidity points. Luca’s preference for clean charts and minimal indicators aligns with his commitment to pure price action.
Addressing the challenges faced by younger traders, Luca advised thorough research and unwavering commitment. He emphasized the need to persist through initial hurdles, acknowledging that sticking to the journey ultimately reaps long-term benefits.
Looking ahead, Luca aspires to develop his trading career further, possibly pursuing it full-time. He aims for continued growth and success by refining his strategies and achieving larger account sizes.
Here is the Full Interview:
The5ers is a proprietary trading firm with the legal name Five Percent Online Ltd that was incorporated on the 9th of April 2020. They are located in Raanana, Israel, as well as in London, UK, and are being managed by CEO Gil Ben Hur. The5ers provides traders with the opportunity to choose between three account types: a three-step evaluation, an instant funding program, and a two-step evaluation.
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