Everything is planned, and everything is not planned, and everything is abandoned

In the trading arena, every trader has his own set of playing styles. These unique trading styles not only shape their personal characteristics, but also the key to their success. Mr. Liu, a trader interviewed by EagleTrader today, gave me a very safe feeling. So, how does Mr. Liu’s “safe” trading philosophy play a role in actual combat?

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EagleTrader trader Mr. Liu: “Everything is planned, and if it is not planned, it will be ruined.”

Q: What is your risk management plan like?

Mr. Liu has excellent execution ability for risk management, “for example, control the number of USD 10,000 US dollars or 0.2 lots of orders per order, strictly control the position, strictly control the frequency of orders, and avoid the data market.”

Q: Have you formulated a trading plan and strictly implemented it?

“Everything is planned, and if it is not planned, it will be ruined.” He said, “The transaction plan must be there. Only in this way can you be calm and be calm when you make a reservation. If you make a plan, you will strictly implement it!” Mr. Liu still pursues a style of strict execution in terms of transaction plans.

Q: During the initial or re-examination process of EagleTrader, which links are easier than expected?

“The first trial is very easy, and 10% profit is easily completed,” Mr. Liu confidently replied on this issueAnswered, “It’s easy to earn one or two hundred dollars a day for an account of 10,000 US dollars!”

Q: Are you planning to take the EagleTrader exam again to manage larger funds?

Mr. Liu was very excited: “When my US$10,000 account stabilized for a few months, I will consider setting up a big account. After all, the more money I make, the more money I make!!”

Q: What advice would you give to new traders?

Faced with the complex and changeable market, Mr. Liu gave concise and powerful suggestions: “It is important to believe in yourself! Also, don’t make too many varieties. The more you do, the more you make, the easier it is to make mistakes. It’s great to concentrate on one or two varieties. Come on!”

In the brief interview, we deeply felt the steady style of Mr. Liu, a trader at EagleTrader: he strictly implements the plan, carefully controls the number of single-handed moves, pursues solid every step, and takes careful consideration of every decision. This seemingly simple control is particularly precious in the world of trading. Perhaps, it is this awe and persistence in trading that has built the cornerstone of his success.