EagleTrader Interview | The key to trading profit lies in anti-human thinking and behavioral ability

In a recent interview with EagleTrader traders, we found a phenomenon worth pondering: although some traders believe that EagleTrader’s trading rules are too strict, traders who passed the assessment gave completely different answers.

As a candidate who has entered the profit-dividing trading stage, Dong Xingyu, the biggest gain in the EagleTrader assessment is that he “cultivated reasonable trading rules”. Those ‘strict’ rules that have been questioned have forged a scientific risk control system and a keen sense of market. From passively accepting rules to actively building risk control concepts, what market survival rules does this stand out trader master?

Realize self-worth

Dong Xingyu, a senior trader who has been engaged in foreign exchange trading for 10 years, always believes that “loving trading and realizing self-worth” is his driving force for continuing to move forward. Since he came into contact with foreign exchange trading, he has been deeply immersed in it and has used it as a platform to constantly challenge himself.

When entering the field of profit split account, Dong Xingyu trader said: “If the profit split account goes well, I will consider full-time.” Obviously, trading is not just a side job for him, but has become a career he has been pursuing. Despite this, Dong Xingyu traders also know clearly that precise analysis and rigorous strategies are needed to ensure success when making full-time decisions.

Anti-human thinking and behavioral ability

In trading decisions, Dong Xingyu traders always adhere to technical analysis and experience-led strategies. He revealed: “Technical analysis accounts for 70%, while fundamental analysis hardly involves it, and experience accounts for 30%. He believes that trading relies not only on theory, but more on accumulation in practice and intuitive grasp of market trends. In his opinion, the key to long-term stable profit lies in “unhuman thinking and behavioral ability”, which makes him always calm in market fluctuations.

Dong Xingyu’s trader’s approach to the update of trading strategies is quite steady. He admitted: “I haven’t made major changes for many years, and I have no plans to improve it for the time being.” This trust and persistence in existing strategies show his high confidence in his trading methods.

When talking about how to eliminate the luck factor, Dong Xingyu trader mentioned that true success comes from focusing on long-term goals, not short-term results: “Adhere to long-termism, don’t pay much attention to short-term fluctuations. “This fearlessness towards short-term fluctuations has always kept him rational in trading.

The importance of emotional management

However, the trading road was not smooth. Dong Xingyu also experienced an “explosive position”. He recalled without hesitation: “Emotions and behaviors are not controlled by themselves, they lose their rationality, and they do things blindly based on luck and obsession. “From then on, he deeply realized the importance of emotional management and discipline, and gradually improved his trading strategy.

When facing market uncertainty, Dong Xingyu traders have clear response methods. For example, when a large loss occurs after the position increases, he will immediately adjust the position or stop loss according to the affordable losses to avoid excessive risk. When encountering a profit retracement, he said: “If it is a normal situation in the system, this kind of retracement should be fully accepted, because floating profits are not a real definite profit. “This rational attitude made him always maintain confidence and calm in the volatile market.

Strictly implement the plan

Talk about his trading plan, Dong Xingyu trader said bluntly: “I have formulated a rigorous trading plan and strictly implemented it. “This persistence in rules is one of the keys to his success. As for market preference, Dong Xingyu traders prefer markets with higher volatility. He explained: “Large volatility means more opportunities, higher system operation efficiency, and greater possibilities on the profit side. ”

When talking about risk control, Dong Xingyu trader gave a specific data: “Each transaction is expected to occupy 3 to 4 points of risk. “This precise risk management allows him to always maintain a relatively stable profit curve in market fluctuations.

Recalling his trading career, Dong Xingyu trader also shared some of his experiences. He believes that after each maximum drawdown, the market often enters an unfavorable period, and once he seizes the right trading opportunity, it is possible to bring the account back to the high point of net value in just a few transactions. This precise grasp of the market rhythm is the result of his years of experience.

For him who participated in this exam, the biggest gain is to develop reasonable trading rules and obtain sufficient start-up capital. , These will provide more guarantee and support for his future trading. Finally, he also gave encouragement to newly registered EagleTrader traders: “If you have profitability, then come and do ET. This may be the starting point for you to realize your dream!”

Through the sharing of Dong Xingyu’s trader, we have seen the growth process of a mature trader: from emotional fluctuations to rational decision-making, from technical analysis to risk control, he has constantly polished himself in years of trading, not only for profit, but also for realizing his own value and dreams.