Discover this podcast and so much more

Podcasts are free to enjoy without a subscription. We also offer ebooks, audiobooks, and so much more for just $11.99/month.

356: How To Get Funded $100k+ For Trading ft.The5ers Prop Firm (@the5erstrading)

356: How To Get Funded $100k+ For Trading ft.The5ers Prop Firm (@the5erstrading)

FromDesire To Trade Podcast | Forex Trading & Interviews with Highly Successful Traders


356: How To Get Funded $100k+ For Trading ft.The5ers Prop Firm (@the5erstrading)

FromDesire To Trade Podcast | Forex Trading & Interviews with Highly Successful Traders

ratings:
Length:
33 minutes
Released:
Jun 27, 2022
Format:
Podcast episode

Description

How To Get Funded $100k+ For Trading ft.The5ers Prop Firm In episode 356 of the Desire To Trade Podcast, I sit down with Saul Lokier full-time trader and general manager at The5ers prop firm. We discuss how traders can get funded by The5ers and scale up to $3.6M (currently the maximum capital you can get from this prop firm). You'll also learn from Saul's journey as a trader as well as the obstacles he had to overcome. Take The5ers prop firm challenge (5% Discount on your 1st Evaluation) Are you ready for it? Previous interview with The5%ers Watch the video interview! In This Episode, You'll Learn... 0:15 Introduction 0:47 Who is Saul and what he does in The5%ers 1:20 Why did Saul join The5%ers in the 1st place? 2:04 How isThe5%ers different from most other online "prop firms" 3:36 When should you look to become a funded trader 4:39 Saul's experience with other online prop "challenges" 6:16 Why 30-day time limits are bad for traders 7:36 Quick overview of The%5ers options for trader funding 10:33 How The5%ers makes money 11:07 Why the5%ers need profitable traders 11:34 How the new Freestyle program helps profitable traders 13:24 What is the maximum drawdown for funded traders 14:06 Why you don't need more than 1:30 leverage 15:19 How to choose the correct prop firm for you 17:16 Top tips to pass a prop firm evaluation and get funded 19:47 Why your trading strategy doesn't matter 20:27 Top habits from funded traders 21:55 How many funded traders are then in The5%ers 23:46 How prop firm traders inspire growth 24:32 How fast can you scale your funding with the5%ers 26:35 How can trading millions affect trader psychology 28:00 The importance of having a team for funded traders 2:57 Areas of improvement for The5%ers 30:44 Where to find Saul and The5%ers And much more! What is one thing you are going to implement after listening to this podcast? Leave a comment below, or join me in the Facebook group! Desire To Trade's Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist One-Page Trading Plan (free template) Recommended brokers: EightCap (preferred Crypto and FX Broker) AxiTrader (use our link to get a special bonus) Desire To TRADE Academy About The Desire To Trade Podcast Subscribe via iTunes (take 2 seconds and leave the podcast a review!) Subscribe via Stitcher Subscribe via TuneIn Subscribe via Google Play See all podcast episodes Where to find Saul Lokier! The5%ers Prop Firm Email What is one thing you are going to implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!  
Released:
Jun 27, 2022
Format:
Podcast episode

Titles in the series (100)

My name is Etienne Crete, and I love the idea of trading Forex for a living but I was fed up with the non-applicable tips and sayings that get you nowhere. So I created a place where aspiring Forex traders can learn a solid process that will get them results and won’t let them down. The Desire To Trade Podcast has for goal to help you develop Forex trading skills for more freedom. I interview successful traders from around the world. My focus is on providing you with lessons from my personal trading experience and my conversations as I trade and travel around the globe.