Philip, A $150K Funded Trader, Scaled His Account 5X And Withdrew $43,470.80 - The5ers

Philip is one of The5ers $150K High-stakes funded traders after scaling his account 5 times from $60K. He got paid 3 times, overall $43,470.8

His next mission is to reach 10% of profit to scale his High-stakes accounts to $175K.

We spoke with Philip about his trading plan, insights, and lessons gained while trading in the markets and our platform as a funded trader.

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High 5!

#FundedTrader #propfirm #Forex

[ThePropStation]

Damn, Wife and kids + full time job and still scaled his account 5x that's crazy. 🔥Imagine taking this seriously as a young male, Sky is the limit.

[ai_robozen]

It’s nice to see such professional people come on

[apeopleforhisname]

Yes a fabulous interview. Thank you guys

[moss]

Love this interview, the transparency is AMZING, my fav by far ❤‍🔥

[pgls]

This is by far the best trader interview I have watched from 5%ers. The trader is very sincere in sharing his trading experience from scaling up his 60k to 150k trading accounts. The current drawdown associated with overconfident, overtrading and making up the losses by increasing the lot size offers very valuable lesson learnt for the new traders who are trying to pass the prop firm challenges. I like the part when he said "the results speak for itself in a negative way" once you violated the risk management rule of 0.5 % to 1% guideline. Overall, keep up with the good work!!! This is really an in-depth interview conducted by 5%ers. I highly recommend it to all the aspiring traders who want to trade for prop firm accounts to watch it.

PS: I have some questions regarding his trading strategy: is he using EMA or SMA indicator, 16 vs 360 or 60 vs 360 MA? The 16 sounds like 60 to me and vice versa.

[ashishgodse]

IT'S ALL ABOUT RISK/EMOTIONS/PSYCHOLOGY/EXPERIENCE, YOU CAN LEARN A STRATEGY IN A MONTH

[muhammad]

Good morning brothers thanks for the chance given to us

[bulldovlabalkanski]

how many pips is his stop loss and take profit???

[mehmet]

So he lost his 150k account at the end ? Anyway, it was a great interview, thanks.

[Alim]

How does withdrawal work, can I withdraw my profits to Coinbase, uk bank ect. This is just for future reference.

[victorsfx]

Please add more symbols to your firm e.g USOIL, BTCUSD, and so on... this will attract more traders, and diversify your risks.

[rickyaguilar]

I thiught US traders were not allowed?