“This plan includes watchlist,
entry criteria, timings.”

Ellis G. is 21 years old from UK.

Ellis is one of The5ers’ $70K High Stakes funded traders. He got paid 4 times for a total of $6,936.

We spoke with Ellis about his trading plan, insights, and lessons gained while trading in the markets and our platform as a funded trader.

Click here for more inspirational lessons and interviews with our professionally funded traders.

Ellis’s $60K High Stakes Evaluation Account – Step 2

 

Ellis’s $60K High Stakes Funded Account

 

Tell us a little bit about yourself.

Trader from the UK, currently living in Malaysia. Have been trading for 3 years and have been funded for 1.5 years or so now. I’ve been with other firms but for me the5ers is by far the best.

How long have you been trading?

I have been trading for 3 years.

Briefly describe your Trading Plan and how it contributes to your success.

I have a strict trading plan based on backtested data. This plan includes watchlist,
entry criteria, timings.

Share with us a challenge you faced in your trading career and how you overcame it?

Patience is the biggest challenge being an intraday/swing trader but you learn to overcome it by realising that you don’t need to trade everyday to make money. I can have one good trading day in the month and make money.

How did you adjust risk management to your trading personality?

I have a high win rate based on my standard strategy and this requires me to usually take no more than 1-5 trades per month. So I risk 1-2% as this is enough to satisfy me.

Describe a key moment in your trading career.

Losing funded accounts with MFF and TFT after they went down.
Felt like a lot of hard work was ruined.

How long does it take to become a consistent trader, and what aspects did you change that helped you become consistent?

Maybe 1.5/2 years, I had to learn to be extremely patient.

 

What is your mental/psychological strength, and how did you develop it?

I’d say I’m now mentally strong when it comes to trading and to develop this having a stable income really helped.

What was your strategy to successfully pass The5ers’ evaluation?

HTF structure with LTF entries, targeting key areas of liquidity.

 

👉 If you want to receive an invitation to our live webinars, trading strategy, and high-quality forex articles, sign up for our Newsletter.

👉 Click here to check our funding programs.

 

Follow us: 👉YouTube 👉 Linkedin 👉 Instagram  👉 Twitter  👉 TradingView