$150K Funded Trader Withdrew $15,315 While Scaling His Account Twice
“Follow the rules: 1-2 trades a day max, 1-1.5% risk depending on the setup, Dont rush.”
Dimitrios H.(Jimmy) is 36 years old from Australia.
Dimitrios is one of The5ers’ $150K funded traders. He withdrew $15,315 while scaling his account twice.
His next mission is to reach 10% to scale his High-Stakes account to $175K.
We spoke with Dimitrios about his trading plan, insights, and lessons gained while trading in the markets and our platform as a funded trader.
Dimitrios’s $100K High-Stakes Funded Account
Dimitrios’s $125K High-Stakes Funded Account
Tell us a little bit about you.
So, I was born and raised in Melbourne, Australia, with a Greek background. I never really paid attention in high school because my mind was always wandering. I think that’s an ADHD thing 😀 haha. I finished year 11 school because I didn’t think I needed it because I wanted to do a trade, which was carpentry. ive been doing that for almost 15 years now, running my own business for 10 years. I love kickboxing, which ive been doing for 18 years now. I love going outdoors and traveling. I have a labrador with my partner which we love to death.
How long have you been trading?
I have seen trading about 10-11 years ago. I actually signed up with a few brokers back then deposited some money going in absolutely blind, and of course, I lost that money. luckily, it wasn’t thousands, only a few hundred. I then gave it up for 3-4 years, and then I got sick and tired of what I was doing, so ive found a course that I absolutely loved and have been trading part-time since.
Briefly describe your Trading Plan and how it contributes to your success.
Well, initially, I had no trading plan. i would just look at charts and just watch them, i was so fixated on them but after that i knuckled down and studied more. i now have a set of rules that i follow. I look for trades during the London session, mainly about an hour or so after the Asian session. I usually wait for bounces of the 50ema, W, or M formation off the ema or the 00,50 figures. I also identify the support and resistance on the weekly, daily, and sometimes 4-hour chart, depending on how they act around those areas. I’m still waiting for a W or M formation to give me a signal. I enter with 5 or 15-minute charts.
Please share a challenge you faced in your trading career and how you overcame it.
I used to have a really itchy finger to keep placing trades on; I used to sit at the computer for hours and watch charts. after following certain rules, 2 hours max to look for your setup; once set up is found, enter trade and just leave it; if it gets stopped out, I’ll come back for New York, and if nothing there, I come back the next day. so, strictly, there are only 1-2 trades a day, depending on whether there’s a setup or not. after following just those rules, I start passing more prop firm challenges
Describe a key moment in your trading career.
Patience and follow the rules that you’ve set.
How long does it take to become a consistent trader, and what aspects did you change that helped you become consistent?
It took me about 2-3 years to finally become consistent
What is your mental/psychological strength, and how did you develop it?
Well, after losing multiple accounts from prop firms and not understanding their rules or getting scammed, I made sure I checked out all prop firms so my strategy works well with them; that’s one thing that has helped. I actually spoke to a phycologist that’s in the trading game, which helped out a little and has calmed me down
What was your strategy to successfully pass The5ers’ evaluation?
Follow the rules: 1-2 trades a day max, 1-1.5% risk depending on the setup, Dont rush.
How is trading for The5ers different from trading by yourself?
You don’t need a large capital to invest in yourself, which takes a huge weight off your shoulders.
Please share online resources that were/are significant in your trading development.
I would like to thank my coach, Steve Mauro. Killer in the game.
Source: The5ers.com
