The5%ers recently featured Sanjay Singh, one of their $40K High-Stakes funded traders, in an exclusive interview. Based in Dubai and originally from India, Sanjay balances a career as a hotelier with a growing passion for trading. Starting his journey in November 2022, he has since developed a disciplined scalping strategy, focusing primarily on Gold.
In the interview, Sanjay shared his experiences and challenges, highlighting the mental and emotional discipline required to succeed in trading. His early struggles with prop firm challenges, including failed evaluations and emotional decision-making, initially held him back. However, by refining his risk management approach and adhering to stricter trading rules, he learned to manage pressure and improve his performance.
Exclusive Interview: Sanjay on Scaling His $40K Account with The5%ers
Sanjay’s approach to scalping revolves around quick trades in the 1-minute timeframe, particularly in high-volatility markets like Gold. He emphasized the importance of adapting risk management to suit his trading style, using smaller position sizes and adjusting trades in real-time rather than relying solely on fixed stop-losses.
A key turning point for Sanjay was when he passed his first $20K High-Stakes Challenge with The5%ers, although he failed the funded account shortly after. This moment became a valuable learning experience, driving him to improve his discipline and mindset.
Sanjay advises aspiring traders to remain patient, learn from setbacks, and view failures as stepping stones to future success. He credits trading for The5%ers as a motivating factor in maintaining accountability and sticking to his plan.
Now, Sanjay is focused on scaling his account to $50K while continuing to refine his strategy and develop as a lifelong learner in the markets.
About the Firm
The5%ers Funding Traders & Growth Program, launched in 2016, aims to provide full-time traders with higher capital than ordinarily available to them. They are passionate and dedicated to this profession. The5%ers is an officially registered UK company based in London, while their headquarters are located in Israel.
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