Home Forums Live Trading Results Challenges The5ers $5K High Stakes 2 Step Challenge Passed

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    • #278601
      User AvatarMarin Stoyanov
      Keymaster

      Hello traders, I decided to create this post to share my recent experience with the Prop Firm Robots. Earlier this week I passed the 2-step High Stakes challenge and now I will manage a $5,000 Funded account with The5ers.

      I started the 2-step challenge at 25th June. Initially my approach was to trade fully automatically by using the top performing prop EAs every day but I ended up closing a few trades manually at the last days of the 1 step of the challenge. I decided to do it like this because I saw that the challenge is about to be passed and I wanted to speed up the process so I closed some trades on a smaller profit than the actual TP.  It took me around 30 days to pass this challenge.

      Then for the 2nd step of the challenge I started using the top performing prop EAs every day but at some point market went in the opposite direction. I had to recover the account balance so I decided to switch to a semi-automated approach and manually close trades that were on small profit without waiting for the TP to be reached. In a few days the account reached the starting level and then I started trading with the top performing prop EAs every day. At the beginning of the last trading week I had 2 very profitable days with EURJPY and USDJPY EAs and then I had to close a few more trades on a small profit to pass the evaluation. You can view the track record from this trading account here.

      I started trading at the $5 funded account today. My plan is to use the 3-5 top performing prop EAs from the 1W charts every day, apart from the crypto pairs. You can follow the track record from it here.

    • #314056
      User AvatarValentina Bolatto
      Participant

      Thank you Marin for sharing your experience. What risk did you use? Thanks for the information.

    • #314060
      User AvatarValentina Bolatto
      Participant

      I just saw the other post where you share these details too. Thanks

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