EagleTrader Trader Interview | How did he embark on the road to stability after numerous liquidated positions?

Finding patterns in fluctuations and building stability in uncertainty – this is the ultimate pursuit of every professional trader. Recently, EagleTrader welcomed a new trader Li Lei with 17 years of market experience. From domestic futures to the foreign exchange gold market, from the liquidation stage with a lack of position management to the gradual formation of a trading framework, his experience reflects the path that many traders have traveled together.

<img alt="" src="https://www.hudianbaoseo.cn/uploads/allimg/20251128/1764292530169082.jpg" width="654" height = 343 He started from domestic futures, and among his 17 years of trading experience, he has been deeply involved in the foreign exchange and gold markets for 5 years. Because he believed that domestic futures were not volatile enough, he switched to external trading, and thus found a trading environment that was more in line with his own rhythm.

For him, what really supported him in his long trading journey was a simple summary – “Like is the best teacher.”

2. Decision-making system dominated by experience

Unlike many traders, Li Lei has an extremely clear division of his trading structure:

Experience accounts for 50%, technical analysis accounts for 40%, and intuition accounts for only 10%.

Experience has the highest weight, which is his ability to judge the market accumulated over many years; technical analysis supports the strategic framework; intuition comes from subconscious feedback after long-term training.

His strategy has been basically finalized, focusing on trend trading and cyclical resonance, combined with several simple models. When losses occur, he will not rush to optimize strategies, but will prioritize looking for problems from the human and execution levels. “Try to avoid the problems caused by human nature” is the key to his gradual stability.

3. Lessons of Blood and Tears in Risk Management

Li Lei’s emphasis on risk management stems from painful experiences in his early years. “No one taught me before, and I didn’t know how to manage positions, so I often placed heavy positions and then liquidated them.”

The frustration caused by liquidating positions did not gradually transform into new understanding until I met a noble person’s guidance in early 2025. For the first time, he truly understood the core position of “position management” and engraved it into the trading system.

Therefore, he gave six keys to long-term profitability:

Position management, following the trend, stop loss, controlling retracements, planned transactions, and mentality adjustment.

In terms of recovery after the maximum retracement, he also formed his ownPrinciple: Reduce losses during shocks and look for opportunities in other varieties when necessary. In trending markets, as long as the stop loss is not hit, hold the position firmly.

4. Use the system to eliminate the element of luck

As for how to eliminate the element of luck in trading, Li Lei chose methodology rather than emotional speculation: “Backtesting historical data, trading is a game of probability. Repeat your own pattern and execute it in place. Don’t guess at the market.” This is the core belief he upholds today.

In terms of risk management, he took a US$200,000 account as an example, setting the total tolerable loss at US$20,000, and controlling a single loss between US$500 and US$1,000; when the market is good, the maximum single loss is relaxed to US$2,000. There are about two transactions per day. Trading will stop when the main market of the day is over to keep the rhythm stable.

5. Professional pursuit of full-time trading

Li Lei has always aimed to become a “professional trader”. Now after passing the ET assessment, he officially manages profit-sharing accounts as a full-time person. He emphasized that he traded almost strictly according to the plan, because the trading pattern had gradually been finalized and the number of transactions above had significantly decreased.

In terms of market selection, he believes: “Traders’ profits mainly come from volatile markets.” He believes that volatility means being on the strong side, so high returns must come with higher risks.

6. Sincere Suggestions to New Traders

Based on repeated summaries of his own experiences, he gave three extremely valuable suggestions to new traders: position control, more review, and more learning from professional traders’ concepts, and ultimately formed his own system.

From constant trial and error to establishing a system, from frequent liquidations in the early days to now controlling drawdowns, Li Lei’s trading journey proves that in the market, real growth comes from reflection on one’s own problems and long-term persistence.

For traders who are still exploring on the trading road, his experience reminds us that trading is not a speed race, but a long process of slowly accumulating knowledge, forming a system, and finally finding your own way of survival through setbacks and review.