The5ers recently shared an engaging interview with trader Rejeev, offering a deep dive into his successful trading journey, strategies, and insights gained over 15 years in the market.
Rejeev, a chartered accountant with a CFA Level 2 certification and the CFO of a company in Angola, brings a wealth of experience to the trading table. As a scalper, he elaborates on his trading plan, which leverages ICT (Smart money concepts) and intraday strategies, showcasing his flexibility in extending trades beyond the daily limits when he sees potential.
Overcoming Early Challenges
Rejeev candidly shares the initial challenges he faced in his trading career, including a reliance on TV channel recommendations and a lack of technical analysis skills. His journey from struggling with these early obstacles to mastering the art of trading, especially after discovering ICT materials, is a testament to his perseverance and dedication to continuous learning.
The Role of Risk Management in Rejeev’s Trading Evolution
Risk management has been a turning point in Rejeev’s trading strategy, allowing him to shift from experiencing failures to aiming for a steady 4 to 5% monthly target. This approach has significantly reduced his trading stress and paved the way for consistent success.
A highlight of his career was a notable USD 13,000 profit withdrawal from a My Forex Funds funded account in April 2022, marking a pivotal moment that fueled his ambition to pursue trading full-time and achieve financial independence.
The5ers Evaluation and Success
Rejeev’s successful evaluation with The5ers is attributed to his expert application of ICT concepts and strict adherence to risk management. Trading with The5ers’ increased capital has opened new doors for him, driving his ambition to earn a USD 10,000 monthly salary through the High Stake Program.
His advice to new traders is to maintain realistic expectations, aiming for 3 to 5% monthly returns to effectively sustain and scale their trading ventures.
About The5ers
The5ers Funding Traders & Growth Program, established in 2016, is designed to empower full-time traders by providing them with access to significantly higher capital. Based in London with headquarters in Israel, The5ers is committed to fostering the growth of dedicated trading professionals.
Rejeev’s story with The5ers underscores the importance of resilience, continuous learning, and strategic risk management in the journey to trading success. His insights offer invaluable lessons for traders at all levels of their career.