I totally agree on that Trading Psycology is number one factor why traders fail.. If you master it, you practically won, even if you lose some trades. Well done on handling 3 accounts!
Compare to managing 3 accounts, would it be better if you focus on 1 account and scaling it to max which is up to 1,28 M if you are 5ers trader? It only need 6 or 7steps to scaling up depends on your initial acc? And need to hit profit target about 10% or 25% depends on your style trading acc? Much easier than to have to focus on 3 aacounts except 5ers allowed traders to merge that account.
The stopout level is 250 for 6k account. What if i made 300 usd as profit so my account is at 6300 so my stopout level would be 300+250 or just 250 ? Thanks
So, Can you have 3 different accounts and scale each of them to 1.280.000$, potentially managing 3.840.000$ ? Or Is the maximum capital allocation 1.280.000$, so that the sum of the 3 accounts can't be more than 1.280.000$ per trader?
Hey Filippo Menghini You can sign up for 3 accounts. Every account you can be funded up to 1.280.000$, meaning potentially managing 3.840.000$. Best Regards
Mirroring is great if you're winning, but if you are losing then you'll blow all three acounts. Hedge funds usually have 50% longs and 50% shorts, according to Anton Kreil. Presumably so if there's a crash, at least they break even. Not a like-for-like example, but you get the picture. Diversification is good.
Hello iam raju I have to ask one thing the stopout level is 250usd fr 6000k . What happened if I loose 200usd and the next day I will on prft of 400usd so tell me the drawdownn same or
Hey Zulfadlee Adanan The first level he traded with 3 accounts, each one is $10,000. He passed them all successfully and now he is trading 3 accounts, each one is $40,000, a total of 120K.
Nice interview. I was under the impression you could only trade one account /evaluation. So can you confirm it's possible to have multiple accounts trading the same strategy.
@@The5ersFundingAndBeyond oh interesting is there a max amount. I was thinking of taking 3 but I wasn't aware you could, is this a new update? Already funded and on stage 1. 💪 So could I add more challenges? Looking forward to getting out of this typical january consolidation.
Hey Trading Wisely We used to have Relative DD, so there were situations where traders were profitable, but then dropped by 4% and the account was closed. So many times traders were still in profit even though their account was closed, that's why he got paid. Best...
I totally agree on that Trading Psycology is number one factor why traders fail.. If you master it, you practically won, even if you lose some trades. Well done on handling 3 accounts!
Excellent interview, thanks for sharing this content.
Hey tradermefch
Glad you enjoyed it!
Great interview. One of the true, honest guys in this industry!
Hey Laureano Ralon
Glad you enjoyed it!
Inspiring interview and started a new challenge. Let's see how far I can go!
Hey Kamran Chowdhury
I wish you success!
Compare to managing 3 accounts, would it be better if you focus on 1 account and scaling it to max which is up to 1,28 M if you are 5ers trader? It only need 6 or 7steps to scaling up depends on your initial acc? And need to hit profit target about 10% or 25% depends on your style trading acc? Much easier than to have to focus on 3 aacounts except 5ers allowed traders to merge that account.
Hi Paul
Every trader has their preferences. Some prefer more than one account in case they lose one of the accounts.
Best Regards
@@The5ersFundingAndBeyond agree mate.
The stopout level is 250 for 6k account. What if i made 300 usd as profit so my account is at 6300 so my stopout level would be 300+250 or just 250 ?
Thanks
Hey Aditya Seloka
Your stopout will be $550.
Best...
I saw on funded program stoploss required is 1.5% so minimum sl should be of 1.5% or it coild be less say 1 % or 0.5%?
Hay Aditya Selokar
it can be less.
Best...
So, Can you have 3 different accounts and scale each of them to 1.280.000$, potentially managing 3.840.000$ ? Or Is the maximum capital allocation 1.280.000$, so that the sum of the 3 accounts can't be more than 1.280.000$ per trader?
Hey Filippo Menghini
You can sign up for 3 accounts. Every account you can be funded up to 1.280.000$, meaning potentially managing 3.840.000$.
Best Regards
Would he be allowed to mirror his trades on all 3 accounts if he wanted to?
Hey Ndabenhle Ntombela
Yes he can, But he does not do it.
Best...
Mirroring is great if you're winning, but if you are losing then you'll blow all three acounts.
Hedge funds usually have 50% longs and 50% shorts, according to Anton Kreil. Presumably so if there's a crash, at least they break even. Not a like-for-like example, but you get the picture. Diversification is good.
Hello iam raju I have to ask one thing the stopout level is 250usd fr 6000k . What happened if I loose 200usd and the next day I will on prft of 400usd so tell me the drawdownn same or
Hey khandhi raju
Your stop out is $5,750. If you have $6200, your stop out always is $5,750
Best
How the drawdown is calculated only the final results of p&l or runnig trades or hitting stoploss count....can yu explain
@@khandhiraju9404 running traders
The title state 120k total, but when u showed it, all the 3 accounts are 10k each, I'm trying to understand this, did I missed sumtin?
Hey Zulfadlee Adanan
The first level he traded with 3 accounts, each one is $10,000.
He passed them all successfully and now he is trading 3 accounts, each one is $40,000, a total of 120K.
@@The5ersFundingAndBeyond Now I understand. Thanks, cheers.
Nice interview. I was under the impression you could only trade one account /evaluation. So can you confirm it's possible to have multiple accounts trading the same strategy.
Hey Gianluca Panza
Yes you can!
@@The5ersFundingAndBeyond oh interesting is there a max amount. I was thinking of taking 3 but I wasn't aware you could, is this a new update? Already funded and on stage 1. 💪 So could I add more challenges? Looking forward to getting out of this typical january consolidation.
Hey MWFX Technical Analysis
You can sign up for 3 programs at the same time.
I wish you success!
@@The5ersFundingAndBeyond will all these three Accounts be funded with $1.28M if you get them to that level?
@@geniusben4503 Hey, with each account you can get funded up to 1.28M.
Best Regards
The part where he failed the challenge but still got paid didnt make sense to me.
Hey Trading Wisely
We used to have Relative DD, so there were situations where traders were profitable, but then dropped by 4% and the account was closed.
So many times traders were still in profit even though their account was closed, that's why he got paid.
Best...
@@The5ersFundingAndBeyond ok i got it now.