In a compelling narrative of resilience and discipline, Ronnapol, a 34-year-old trader from Thailand, unfolds his trading journey in an exclusive interview with The 5%ers. With 1.5 years of active trading under his belt, Ronnapol, a proficient swing trader, shares the disciplined approach and invaluable insights gained from The 5%ers Bootcamp that propelled him to success.
Ronnapol’s Trading Strategy Unveiled
Centering his trading strategy on core principles like supply and demand, support and resistance, and wave counting, Ronnapol introduces his unique concept of “bsL SSL” which prioritizes liquidity. His disciplined trading plan and the lessons absorbed from The 5%ers Bootcamp were instrumental in navigating the complexities of the market.
Overcoming Challenges and Embracing Lessons
Despite encountering setbacks with 19 failures out of accounts ranging between 100k and 200k, Ronnapol’s perseverance shines through. He credits his recovery and learning curve to “Trading in the Zone” and the meticulous maintenance of trading journals, allowing him to dissect and learn from past failures.
His risk management strategy is cautious yet flexible; aiming for a 1% drawdown of the account size per day and adapting his strategy following three consecutive losses by adjusting his exit point to 3RR for the next win. His risk-reward ratio stands impressively between 3-10 RR.
The Turning Point: The 5%ers Bootcamp
The 25k Bootcamp program offered by The 5%ers marked a pivotal moment in Ronnapol’s trading career, helping him refine his risk control strategies. Despite the hurdles in phase one, the program was a breakthrough, setting the stage for trading at higher stakes and ultimately leading to a significant withdrawal of $19,057.50.
Ronnapol’s story is not just about his trading strategy but also his mental fortitude. Facing reduced income in the last two months, he remained dedicated to trading as his primary source of income, relying on discipline and strict rule adherence to navigate through challenging times. His journey is a testament to the growth and learning that comes from perseverance.
About The 5%ers
The 5%ers, a proprietary trading firm and a growth program, stands out by offering unique career advancements to forex traders globally. It allows traders to manage accounts up to $250,000 and offers up to 100% profit splits, embodying a commitment to trader development and success.
For traders aiming to carve a successful path in forex trading, The 5%ers provides a platform for substantial growth and the opportunity to earn significant profits through a structured and supportive program.