How To Get Funded $100k+ For Trading ft.The5ers Prop Firm

In episode 356 of the Desire To Trade Podcast, I sit down with Saul Lokier full-time trader and general manager at The5ers prop firm. We discuss how traders can get funded by The5ers and scale up to $3.6M (currently the maximum capital you can get from this prop firm). You'll also learn from Saul's journey as a trader as well as the obstacles he had to overcome.

Take The5ers prop firm challenge (5% Discount on your 1st Evaluation)

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Previous interview with The5%ers

Watch the video interview!

In This Episode, You'll Learn…

• [0:15] Introduction
• [0:47] Who is Saul and what he does in The5%ers
• [1:20] Why did Saul join The5%ers in the 1st place?
• [2:04] How isThe5%ers different from most other online “prop firms”
• [3:36] When should you look to become a funded trader
• [4:39] Saul's experience with other online prop “challenges”
• [6:16] Why 30-day time limits are bad for traders
• [7:36] Quick overview of The%5ers options for trader funding
• [10:33] How The5%ers makes money
• [11:07] Why the5%ers need profitable traders
• [11:34] How the new Freestyle program helps profitable traders
• [13:24] What is the maximum drawdown for funded traders
• [14:06] Why you don't need more than [1:30] leverage
• [15:19] How to choose the correct prop firm for you
• [17:16] Top tips to pass a prop firm evaluation and get funded
• [19:47] Why your trading strategy doesn't matter
• [20:27] Top habits from funded traders
• [21:55] How many funded traders are then in The5%ers
• [23:46] How prop firm traders inspire growth
• [24:32] How fast can you scale your funding with the5%ers
• [26:35] How can trading millions affect trader psychology
• [28:00] The importance of having a team for funded traders
• [2:57] Areas of improvement for The5%ers
• [30:44] Where to find Saul and The5%ers
• And much more!

What is one thing you are going to implement after listening to this podcast? Leave a comment below, or join me in the Facebook group!

Desire To Trade's Top Resources

• DesireToTRADE Forex Trader Community (free group!)
• Complete Price Action Strategy Checklist
• One-Page Trading Plan (free template)
• Recommended brokers:
  • EightCap (preferred Crypto and FX Broker)
  • AxiTrader (use our link to get a special bonus)
• Desire To TRADE Academy

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Where to find Saul Lokier!

• The5%ers Prop Firm
• Email

What is one thing you are going to implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!