The lowest fee for a $100k program in the prop firm industry - The5ers Bootcamp review.
HTML-код
- Опубликовано: 1 июн 2024
- Hi traders! In this video I explain how Bootcamp programme works. Hope you will enjoy the video. :)
FUNDING:
📈 The5ers: the5ers.com/?ref=8627 (get 5% discount)
SOCIALS:
📸 Instagram: / anna.ikerte
TRADING PLAN TEMPLATE:
👉 here: bit.ly/3muBs2K
✉ BUSINESS ENQUIRES:
ikerte.anna@gmail.com
DISCLAIMER:
This video is for entertainment and educational purposes only. I am not a financial advisor. Trading financial markets involves risk.
Subscriber count: 2092
#propfirm #forex #trader
![Eminem - Houdini [Official Music Video]](http://i.ytimg.com/vi/22tVWwmTie8/mqdefault.jpg)
thank you for the nice review, I just passed my 25K step in about 6 weeks. Just taking my time on the 50K targeting $50 to $200 a day.....and If I don't get it after 2 trades I stop trading for the day.....there is no rush.
Thank you for sharing your insights and helping me clarify what I signed up for.
Glad it's helpful 🤍🙏
If you were running a prop trading firm, it would be insane for you to allow a trader to be able to lose 100% of the capital allocated for trading. You will go out of business just as fast as you started the business. The drawdown is there for the purpose of limiting the potential loss of all 100k allocated. The rules and restrictions are there to force discipline. Greed is the number one killer in retail trading.
Followed by impatience and Over Trading.
To all the people's talking about 5% it's not the real 100% of the account, so you only trade with 5k and not 100k , etc. People, please, you are only paying 300usd to have access to 5k, and scale up every 5% even when withdrawing your profits, you can't beat that with a personal account. Even if you need to make 300% to get the account , with your own money investing 300usd into a broker that's only 900usd, here you get 5k full(out of the 100k).
Very good explanation 👏 Very little traders who understand this.
You pay $300 for 100k funded account when you make 10% of 100k it means you get 10k profit for you and prop firm. And you split that 5% each finally you get yourself $5000.
You pay $300 to get $5000, where else do you think you can get that opportunity?
And dont forget $100k is just a beginning. The end is you will manage $4M account.That cant do with your $300 account, no scaling.
can we trade in options in this bootcamp
Thanks. Great explanation. If someone (let say me) finished all 3 challenges in under one month, do i get rewards maybe like discount 50% for the rest of fee?
Hi Paul!
Thanks for the comment.
The5ers is a company that encourages traders to stay consistent in the long term. Reaching targets in 1 month doesn't show your performance in the long term. It just shows that you had a good trading month.
The reward of reaching a profit target on all accounts will be funded account. 😉
So I hear everywhere that the Max time for passing the 3 stages of Bootcamp is ONE year ... and yet on the website it's clearly written it's unlimited (and I've asked and they said it's unlimited), so which one is true - One Year OR unlimited ?
It is unlimited now. I made this video while back. 😊
I think it's a great program if you're relatively new to trading but if you're experienced it'll take too long to scale up to an equivalent $200k account size. And given the profit split at those and lower levels, if you can afford it just buy a $100k account at another firm. There's plenty of good prop firms with $100k challenges around $400 and a 80% split.
hi. please tell me some prop firm with big leverage and low costs than 5%ers
Hello. Thanks for the explanation. One doubt that I have is about the scaling plan. Do you have to make 5% in a month or overall? meaning that if you do 3% in a month and the next you do 2%, you can still scale your account? Thank you in advance.
You can take as long as you need to make 5%, once you hit 5% profit your account will automatically scale to next level 😉
Does that mean I can't withdraw the percentage I made during the month in order to add the percentages till I reach 5% or every month the percentage goes back to 0 with or without withdrawing money?@@anna.ikerte
Hello. And what happen if u do 5% each week? They scale your account 4x in one month?
When does one pay €215? Before you get the 100k account? Then, is there refund after passing?
Hey! When you sing up you will pay low entry fee and after you finish Phase 3 then you will pay rest of the fee (depending on the account size) none of the fees are refundable.
You said the max drawdown is 5% But when you put up the chart to show the scaling method, it shows drawdown as 4%. which is True?
Hey!
For evaluation accounts, the drawdown will be 5%. Once you get funded, your drawdown will go to 4%.
Sorry for the confusion.
I saw they have 2% stop limit in other challenges. And 3% drawdown per day. Is it true?
Does the 25,50 and 75k have 2 phase each?
Bootcamp is 3 phase challange. So if you apply for 100k bootcamp account you will start with 25k, then 50k and last 75k. Once you reach profit target on all accounts you will get 100k funded account. Wish you all the best in 2024! :)
very doable glade i found this ,
Not easy but doable. 😊
change your strat this could be done a month tops ✌@@anna.ikerte
How much is the fees for the 100k bootcamp
Hi! Please check the link in description. Signup fee will be €95
If i pass in first 25K. Need wait or receive the next account 50K?
Yes, it can take 24h to get the next account. You will recieve an email with all information after you reach the target.
after every 125 percent (not 5%) of the profit from the drawdown limit, they transfer the trader to the next level, 96% of the funds from the account cannot be used in any way, you use only 4%.
Hi Mikhail! You are right about the fact that we cannot use more than drawdown limit however wen you trade and calculate your risk do you calculate it from drawdown limit or from account balance? Answer is: account balance, so it means you are using all money available when it comes to calculating your risk and executing the trade.
So 4% drawdown on 100k account is $4000
Let's sat you risk 0.25% per trade.
On 100k account 0.25% is $250
On 4k account 0.25% is $10
See the difference?
Hope this calculation helps to understand you how risk management works and you don't spread misinformation about the programme.
@@anna.ikerte in any case, if we consider the risk from 4%, then 10% of the risk from $4000 is $400, or 5% of the risk from a drawdown is $200, it makes no sense to calculate from the total account size because only 4% is available to us.
@@anna.ikerte because we are not allowed to use 96000, which means that the risk does not make sense to calculate from this amount.
@@MikhailVlogVault you are right again, but if you would have 4k personal account would you risk 5% per setup?
The numbers you calculate are true, however we need to look further and consider all the facts.
Propfirms gives trader a chance to keep risk small and gain bigger profits, only few understand this.
You don't need to risk 4k of your money to make 5k
You only risk the signup fee which is in bootcamp 85 + 215 EUR.
@ANNA FX Risking 5% though is what you'd be doing when you risk $250 in a $100k account where you can only lose 4k. Technically it be 6+%.
Even though the risk percentage is based off the account size (100k), your risk amount would still be based off of how much you can actually lose all together. Which in this case its 4k.
So at first glance, even though the example you gave appears that this is a true 100k account because you are able to risk more basing the risk percentage off of the 100k account, risking $250 isn't technically risking .25%, but 6.25% of the account since you still are only able to lose 4k of that 100k.
In essence, you believe this 100k is a true 100k account, when it really isn't because at the end of the day you can only lose 4k. In a true 100k account, I am able to lose 100k because it is a 100k account. All of the risk needs to be based off of how much you are able to lose, not the perceived account size.
I would understand if the program made a daily risk of a certain amount as that wouldn't interfere with the total amount I would be able to lose, but me saying to someone for instance, "Here, I'll give you 100 dollars but you can only spend 4 dollars of that 100 or else you have to give all my money back", is still me only giving them 4 dollars. Its just said in a different, rediculous, and a very deceiving way to make it seem the person actually got more than what it appears.
Between your accent and beauty, I couldn't concentrate on the content :D
Why would you discourage ppl to not register if they are not a profitable trader? Don't They have education video to show you how to trade and become profitable for fee of $95. You might make $100K per month or more - how can you beat that for a fee of $95?
I am not discouraging but I am puting a disclamer out there. The statistics are very clear that 95% traders fail, so instead of paying prop firms it's better to test the strategy on demo account, and once trader is ready, theny they can start trading on real account or try the prop firm.
How often are payouts when funded??
Hi Sean. You can withdraw every 2 weeks.
Do you get any cash on passing your challenges?
No, you have to pay more. It’s close to the beginning
Hi! You don't get profit split from profit made on 25k, 50k ad 75k accounts. You are only eligible for the profit made on 100k account.
@@anna.ikerte Then what’s the point?
@@darlenefraser3022 point is to get 100k funding. That's why it is a Challenge and you show your skill on 25k, 50k and 75k account.
You can choose different program that gives you Instant Funding. Check the5ers website, they have different programmes available for Instant Funding.
Make a video about withdrawal process
Thank you for suggestion, will make video on withdrawal process.
Hey! Not sure if you have seen my last video, but it's withdrawal process as you requested.
Youre so beautiful, Anna
Please give me a 100k bootcamp account
I keep all the profit split?
@@anna.ikerte 1st payout is yours Anna