In a recent interview, The 5%ers shed light on Igor’s impressive journey through the funded trader program. Starting in the throes of the Covid-19 lockdowns in June 2021, Igor embarked on his trading journey, which led him to successfully pass and scale up his High Stakes account to a $150K funded account. His sights are now set on achieving a 10% profit to further scale up to a $175K account.
Igor’s Trading Strategy: A Blend of Analysis
Igor’s trading approach is a meticulous blend of macroeconomic insights and supply and demand technical analysis. This dual analysis strategy enables him to identify long-term price directions and pinpoint attractive entry points in the market. By leveraging these insights, Igor executes his trades on smaller time frames, optimizing his entry and risk management continuously.
Risk Management: Adapting to Market Dynamics
One key aspect Igor highlights is the evolving nature of risk management. His strategy adjusts in response to fluctuations in win rates and risk/reward ratios, emphasizing the importance of adaptability in trading success. He advises traders to be vigilant of their win rates and adjust their risk tolerance to maintain a balanced approach to trading.
Advice for Aspiring Funded Traders
For traders navigating the funded trading landscape, Igor recommends selecting a program that matches their confidence level. He emphasizes the importance of patience and strategic planning, advising against rushing the challenge with high-risk gambles. Instead, he advocates for calculated, high-value trades to ensure steady progress and success.
Read the full story of Igor’s journey and gain deeper insights into his trading philosophy and strategies on The 5%ers blog.
About The 5%ers
- Supports algorithmic trading, opening up avenues for those who excel in this area.
- Features an advanced dashboard for real-time tracking and analysis.
- Provides access to a live trading room, fostering a community of like-minded traders.
- Offers a one-time fee structure, making it accessible for serious traders.
- Ensures instant payouts upon request, prioritizing trader satisfaction.
- Delivers real-time trading notifications to keep traders informed.
- Utilizes external performance statistics for transparent tracking of trader success.
The 5%ers continues to lead in the prop trading industry, offering programs like the High Stakes challenge that cater to traders at various confidence levels. Igor’s story is a testament to the firm’s commitment to providing traders with the capital and support needed to thrive in the forex market.
