Pedro's $125K 2-Step Journey | Full Interview

Summary

Pedro, a 21-year-old trader from Lima, Peru, described his three-year trading journey and recent success receiving payouts through a prop-trading program. He said he began receiving withdrawals in July, after joining the program around March.

He has received three payouts. The amounts mentioned included $2,000, nearly $1,400, and $4,000. The presenter cited a total of $8,452.83, while also describing it as “almost $10,000.” The figures are inconsistent: the listed individual amounts do not add up to the stated total.

Pedro said he uses the payouts for household expenses and purchases, reinvestment, and growing his trading capital. He described trading as a long-term learning process and emphasized patience, keeping his approach simple, and continuing to develop his mindset.

Trading Approach

• Focuses on gold and uses technical analysis.
• Studies market trends and uses Elliott Wave analysis and support and resistance to identify potential trades.
• Described entering a sell trade around a breakout and monitoring it toward a take-profit target.
• Aims for a risk/reward ratio of approximately 1:3.5 to 1:4.
• Mentioned position sizes of 1–4 lots, adjusted according to the risk and points involved.
• Trades in the morning, though the exact session times are unclear in the subtitles.

Key Figures and Instruments

• Reported total payouts: $8,452.83
• Individual payouts mentioned: $2,000, nearly $1,400, and $4,000
• Trading experience: About three years
• Asset discussed: Gold
• Platform mentioned: Binance, where Pedro said he listed or transferred a payout
• Prop-trading account: The title and video context identify a $125,000 High Stakes account. Pedro’s payout discussion does not clearly explain the account’s rules or performance metrics.
• No stock tickers, bond yields, valuation multiples, or portfolio allocations were discussed.

Advice and Cautions

Pedro advised traders to focus on their goals, be patient, and keep their strategy straightforward. He also said trading can be pursued alongside work or studies.

The interview includes celebratory commentary about his results but provides no detailed audited track record, drawdown figures, win rate, or risk-adjusted performance data.

Disclosure

The video’s accompanying risk disclosure states that the content is for educational purposes and is not financial advice.

Presenters and sources: Will (interviewer) and Pedro (trader); The5ers/Fivers.