Pakistani Trader Waqar Scales a $150K Account with The5%ers

In a recent The5%ers interview, Waqar, a talented trader from Pakistan, revealed how he successfully scaled his funded account to $150,000 with our High-Stakes program. His story is one of persistence, discipline, and the power of self-reflection in navigating the world of trading.

Waqar’s trading journey began in 2021, with an early focus on cryptocurrency. However, after losing nearly $40,000 in the volatile crypto market, Waqar knew he needed to refine his skills. He turned to a variety of resources, including mentors and YouTube, before finding success in the world of forex.

Pakistani Trader Waqar Scales a $150K Account with The5%ers

In 2024, after a failed first attempt, Waqar completed the evaluation phase with The5%ers and went on to scale his funded account to $150K on his second try. As a scalper, he trades primarily the US30 index during the New York session, relying on a strategy built on ICT concepts, clean price action, and sound risk management.

Waqar’s most memorable trade came when he correctly anticipated market structure shifts during the New York session, executing a perfect short position using weekly and daily levels. His strategy is focused on discipline and patience, risking just 0.5% to 1% per position and adding to trades only when market conditions are favorable.

Despite hitting his target, Waqar faced personal challenges, including his father’s illness, which led to temporary losses. However, his resilience shone through as he quickly bounced back, demonstrating the psychological strength required to thrive in trading. Waqar is now back at his $150K funded level and continues trading live accounts with The5%ers.

When reflecting on his trading journey, Waqar shared that the most rewarding moment was receiving his first payout. “It felt like heaven,” he said. “That payout showed me that trading could be a full-time career.”

The Bottom Line: A Recap of Significance

• Waqar, a Pakistani trader, scaled his funded account to $150K with The5%ers, focusing on forex after a significant loss in cryptocurrency.
• Despite a failed first attempt, he succeeded on his second try, using a disciplined scalping strategy based on ICT concepts and sound risk management.
• Waqar’s most rewarding moment was receiving his first payout, which confirmed that trading could be a full-time career for him.

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