Artem R., a 30-year-old ambitious trader from Italy, recently shared his inspirational trading story with The 5%ers, showcasing his success in prop trading. Starting with a $60,000 account, Artem skillfully navigated the markets to transform it into a $100,000 High-stakes funded account, earning a remarkable $14,751 in profits.
Combining Work and Trading Ambitions
Despite the demands of his factory job, Artem is unwavering in his pursuit of a full-time trading career. He embarked on his trading journey in January 2024 with a real account on IC Markets but quickly realized the challenges posed by limited capital and an undefined strategy.
Evolution of Trading Strategies
Initially drawn to indicators through the “no-nonsense trading” channel on YouTube, Artem soon recognized the need for a strategy that could adapt to the ever-changing market conditions. In 2024, he shifted towards a more analytical approach, relying on daily market analysis and a deep understanding of market dynamics to inform his trading decisions.
Tackling Risk Management and Psychological Challenges
Artem candidly addressed the obstacles he faced, particularly in risk management and the psychological aspects of trading. He admitted to struggles with maintaining stop-loss orders and managing the size of his positions, influenced by emotional decision-making. Additionally, Artem spoke on the psychological hurdles, such as handling stress and emotional fluctuations, which he continues to work through to maintain discipline in his trading.
In discussing his risk management adjustments, Artem emphasized the importance of aligning his strategies with the limitations of his funded account, meticulously managing risk to protect his capital.
As Artem sets his sights on achieving a 10% profit to escalate his High-stakes account to $125,000, his narrative offers motivation and insights for fellow traders navigating the prop trading landscape.
About The 5%ers
The 5%ers, renowned for their exceptional Trustpilot rating of 4.8/5, offer traders:
- Three unique funding programs.
- A professional trader dashboard.
- An extensive variety of trading instruments, including Forex pairs, commodities, indices, and cryptocurrencies.
- Up to 1:100 leverage in High Stakes.
- No minimum trading day requirements, with the exception of High Stakes.
- Unlimited trading period for maximum flexibility.
Artem R.’s success with The 5%ers is a testament to the firm’s commitment to supporting traders in achieving their dreams, providing a platform for growth and profitability in the competitive world of prop trading.