Arsen Magomedov, a former tennis player, shares his journey to success with The5%ers, achieving consistent profits and scaling his $100K funded account.
Arsen Magomedov, a former tennis player, shares his journey to success with The5%ers, achieving consistent profits and scaling his $100K funded account.
Arsen Magomedov, a 32-year-old from Russia, has quickly become a standout funded trader with The5%ers, achieving impressive milestones on his journey. As one of The5%ers’ $100K High-Stakes account traders, Arsen has not only been paid five times but has also successfully withdrawn $6,585 in profits. Now, with a goal to scale his account to $125K, Arsen’s next challenge is to reach a 10% profit target.
A former tennis player, Arsen’s transition to trading has been marked by the same discipline, perseverance, and strong mindset that defined his sports career. So, after spending ten years on the tennis court, Arsen ventured into the world of financial markets three years ago. By early 2024, his efforts paid off with consistent profitability, allowing him to leave his job and focus on trading full-time.
Arsen’s trading approach is a structured, top-down analysis method. He starts by analyzing the monthly timeframe to identify key levels and market structure before moving to weekly, daily, and 4-hour timeframes for further refinements. This approach helps him maintain a clear market narrative, ensuring that his trades are based on high-probability setups.
One of the most significant challenges Arsen faced was overcoming a period of losing streaks and emotional trading. By establishing strict rules—such as taking a break after two consecutive stop-losses—he regained control over his trading psychology. Studying trading psychology, particularly through books like Trading in the Zone by Mark Douglas, helped him avoid FOMO and revenge trading, ultimately boosting his consistency.
Risk management has also played a key role in his success. Arsen risks only 1-1.5% per trade, with a minimum risk-to-reward ratio of 1:1.5. He also enforces a daily loss limit to avoid emotional decision-making. This disciplined approach has been crucial in his journey from part-time trader to a full-time professional.
As Arsen looks to scale his trading account and build his personal brand, his message to new traders is clear: approach trading with professionalism and patience. He encourages aspiring traders to follow a structured plan, master risk management, and focus on long-term consistency.
The5%ers is both a proprietary trading firm and a growth program that offers distinctive career advancements to forex traders around the globe. Traders have the opportunity to earn substantial profits, with the flexibility to manage account sizes up to $250,000 and receive up to 100% profit splits.
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