In an enlightening discussion with The 5%ers, Santi Othivet from Laos shared the strategies and insights that propelled him to success in the world of trading. At just 28 years old, Othivet has demonstrated remarkable skill and discipline, which have been pivotal in his journey with The 5%ers since 2019.
Inside Santi’s Trading Strategy
Embracing simplicity, Othivet leverages real-time economic news analysis from TradingView to inform his trading decisions. His approach incorporates a variety of strategies, including Elliott Wave, Trend Rider, Support and Resistance, and SMC, enabling him to adeptly handle diverse market scenarios.
Overcoming Challenges with Resilience
Despite facing setbacks, including a brush with the maximum drawdown limit at The 5%ers, Othivet’s commitment to learning from mistakes and taking necessary breaks underscores his resilience. His risk management strategy, which involves setting a daily profit target and strict stop-loss rules, further exemplifies his disciplined trading ethos.
Memorable Trading Moments
One of Othivet’s most notable trading experiences occurred during a tumultuous period marked by war, where a strategic Buy trade yielded an impressive gain of over 1500 points, highlighting his ability to capitalize on high-stakes opportunities.
Success with The 5%ers
Othivet attributes his structured and rule-abiding trading success to the supportive environment at The 5%ers. The prop firm’s framework has not only enhanced his organizational skills but also aligned perfectly with his trading strategies, contributing significantly to his achievements.
About The 5%ers
Based in London, UK, The 5%ers is a leading proprietary trading firm offering a variety of funding account models. Traders can start with instant funding accounts ranging from $5,000 to $20,000, with the potential for scaling up to $4,000,000. The firm also provides a two-step evaluation program and a Bootcamp challenge for ambitious traders aiming for $100K or $250K, which similarly offers scaling opportunities up to $4,000,000.
