​In trading, discipline is crucial!

Trading, this road is not smooth, full of unknowns and challenges. But why are there so many people who choose to persist? Perhaps it is because of the sense of accomplishment brought by every successful transaction, perhaps it is the enthusiasm for endless market exploration, or perhaps it is the desire for continuous improvement of self-ability. In an interview with Mr. Liu, a trader at EagleTrader, we also feel that he has a deeper relationship with trading.

Trading is more than just a job

When mentioning what motivated Mr. Liu to insist on trading, he said, “My motivation for insisting on trading mainly comes from deep belief in the market and the pursuit of financial freedom.”

Mr. Liu feels that trading is not just a job, it is more like a lifestyle, a process of continuous learning and progress. The market is full of challenges, and every day brings new opportunities and risks, and it is this unpredictability and endless learning opportunities that make him excited. And through continuous training and accumulation, you can continue to improve your trading ability and gradually achieve higher returns goals.

Discipline is crucial in trading

It is still not enough to do enthusiasm in trading. Many people believe that trading is blessed by luck, but without real strength, how can we achieve stable profits? So we also asked Mr. Liu about his way to eliminate the influence of luck when trading. He said, “The key to eliminating the luck factor is to strictly implement trading plans and strategies.”

“The market is unpredictable, but through carefully designed and verified strategies, we can minimize the impact of random factors. Discipline is crucial in trading, no matter how the market fluctuates, it must be calm and act on the plan. Luck or accidental fluctuations may lead to short-term gains or losses, but only long-term stable execution can lead to sustained profits.”

Don’t rush to achieve success

For an excellent trader like Mr. Liu, we certainly hope that he can give some advice to those who are just starting to take the EagleTrader exam. Mr. Liu also shared generously, “For those who are just beginning to take the EagleTrader exam, my advice is to focus on learning and executing strategies and not rush to achieve success.”

He believes that the trading exam is not just an opportunity to show one’s ability, but also an opportunity to understand one’s own psychology and skills. First, make sure you have mastered a proven trading system and practice it repeatedly in a simulated or small capital account. Secondly, manage emotions and risks well, and operate strictly according to the plan, rather than being swayed by short-term market fluctuations.

Manage larger funds through continuous improvement of technology

As we all know, EagleTrader has a variety of tests, and even if it passes the assessment, it can challenge the larger account size again. Mr. Liu is also very interested in this.

He excitedly expressed his willingness to take the exam again, hoping to manage larger funds through continuous improvement of technology. With the accumulation of experience, he can operate larger funds more confidently and steadily. Moreover, the sense of responsibility brought by managing large funds will also prompt you to implement strategies more strictly and continuously optimize your trading processes.

The key lies in the balance of execution, mentality and risk management

The most important thing in the EagleTrader exam is that it requires strict implementation of transaction target conditions, so we are also very curious about the secret of Mr. Liu’s ability to achieve long-term and stable profits.

Mr. Liu feels that in the transaction,The key to stable profits in the future lies in the balance of execution, mentality and risk management. Many people believe that the success of a transaction comes from finding the best strategy, but what is more important is how to implement this strategy consistently. Emotional trading and excessive pursuit of short-term benefits often lead to losses. Only by good risk control and a calm mind, combined with strict discipline, can traders be invincible in the market.

The interview is coming to an end, and Mr. Liu reveals the true meaning of trading to us with his profound insights and experience. In his opinion, trading is not only a way to pursue financial freedom, but also a stage for constantly challenging oneself and realizing personal growth. He stressed that no matter how unpredictable the market is, the balance of execution, mentality and risk management is always the key to success. Thanks to Mr. Liu for his wonderful sharing. I hope every trader can find his own trading path under his inspiration.