Dec 9, 2019
What It Takes To Get Funded by The 5%ers
In episode 223 of the Desire To Trade Podcast, I interview Trader and Prop firm founder Gil Ben Hur.
Gil is the founder of The 5%ers prop firm. They are an online prop firm who looks to fund the top 5% of traders. They differentiate from other prop firms by giving you live capital from day 1 and allowing any trading style and having a 6 months evaluation program so short and long term traders can prove their skills to earn a funded account.
In This Episode, You'll Learn...
- "Luck is when preparation meets opportunity" 00:46
- How Gil started to trade, the full story 02:26
- How The5%ers Fund got formed 11:00
- What is The5%ers Fund exactly 12:38
- What obstacles did Gil face when building The5%ers 13:31
- How to gain trust as an online Prop firm 15:55
- How to get funded by The5%ers - step by step rules 17:59
- Where does the money to fund the traders come from 21:36
- Why are the rules strict for the prop firm 22:24
- Common traits of successful funded traders 25:11
- Key factors differentiating The5%ers from the other prop firms 26:46
- Why restricting trading styles is a bad idea 29:28
- Gil's philosophy around trading 31:27
- Where to find Gil and The5%ers 35:03
- How the future looks for The5%ers 35:48
- What is the motivation behind The5%ers 37:32
- 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!
Resources Mentioned
DesireToTRADE's Top Resources
- DesireToTRADE Forex Trader Community (free group!)
- Complete Price Action Strategy Checklist
- One-Page Trading Plan (free template)
- Recommended brokers:
- Desire To TRADE Academy
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Where to find Gil Ben Hur!
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!