Transaction, you need to know what to do and what not to do
- 2025年5月27日
- Posted by: Eagletrader
- Category: News
In the market, traders face the screen day after day, analyze data, and make decisions. Faced with the unpredictable market and the uncertainty of transaction results, what motivates them to persevere and continue to participate in transactions? Is it the desire to pursue economic benefits, the persistence in improving personal skills, or a strong interest in market dynamics? EagleTrader interviewed three new and excellent traders who have unique insights into trading. These insights may provide us with some new perspectives to understand traders’ persistence in trading.
EagleTrader trader Huang Huanle: “Consistency and excellent risk control capabilities”
Q:What motivates you to stick to trading?
“The original dream is to achieve financial freedom through transactions.”
Q: How did you eliminate the luck factor in your transaction?
“I only believe in probability when doing trading. Trading is essentially gambling. Traders have to decide how much principal to use each time.”
Q: What advice would you give to those who are just starting to take the EagleTrader exam?
“Don’t exceed 1% of the position each time. Try to try it with small funds and take more self-operated exams, such as ET registration. Grow up with as little cost as possible.”
Q: Are you planning to take the EagleTrader exam again to manage larger funds?
“Yes, I hope to become a fund manager of EagleTrader and manage more than US$1 million.”
Q: What do you think is the key to long-term stable profit in trading?
“Consistency and excellent risk control capabilities.”
EagleTrader trader Hu Hao: “A reasonable take-profit can guarantee the expected return when making a profit”
Q:What is your risk management plan like?
“Strictly control positions and set stop-profit and stop-loss points, and make a good profit-loss ratio. It is generally recommended that the profit-loss ratio be at least 1.5:1 and above. Because a reasonable stop-profit can guarantee the expected return when making a profit, and the stop-loss can protect the principal from greater losses when the order is made wrong. At the same time, strictly control positions can avoid causing unstable mentality when the market fluctuates greatly and quickly.”
Q: Have you formulated a trading plan and strictly implemented it?
“Yes, before entering the market, a reasonable position planning will be made based on the entry point, and the positions with more confident trading opportunities will be slightly heavier. While entering the market, a reasonable profit-loss ratio should also be planned, and try not to have a profit-loss ratio below 1.5:1.”
Q: During the initial or re-examination process of EagleTrader, which links are easier than expected?
“The first trial is easier, because the psychological pressure of the first trial is lower, so you can enter the market with a more relaxed attitude when trading.”
Q: Are you planning to take the EagleTrader exam again to manage larger funds?
“Yes, a larger capital scale means greater opportunities and challenges. While improving your trading system, you can also better train yourselfTrading mentality to better cope with the rise and fall of the market during trading. ”
Q:What advice would you give to new traders?
” (1) Infrequent trading: the more frequent trading, the more stop loss orders are, and the greater impact on our mentality. We want to be lions on the grassland. Profit is the antelope we call. If we don’t move, we have to try to catch the antelope;
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No heavy positions: heavy positions are a taboo in trading, because heavy positions have large fluctuations in trading funds and have a greater impact on their mentality, so it is difficult to get the expected profit margin, and it is likely to take profits and leave early, resulting in unreasonable profit-loss ratio;
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Strict stop-profit and stop-loss: Not setting stop-profit and stop-loss points in trading is also a taboo in trading. All trading is an expectation, and it is a prediction made by traders based on the previous market trends and current news and technical aspects. That is to say, trading is a probability of doing it. Since it is a probability, it cannot be 100% correct. Moreover, the market fluctuates within a certain price range most of the time, so it is necessary to set a stop-profit and stop-loss. Take-profit can help us settle profits and continue to look for the next trading opportunity. Stop-loss can help us get out in time when the market makes a mistake and avoid more capital losses. ”
EagleTrader trader Huang Jian: “Don’t be lucky, don’t expect to get rich overnight”
Q:What motivates you to stick to trading?
“It is the persistence that I love trading very much and even achieves obsession, which motivates me to stick to trading.”
Q:How did you eliminate the luck factor in your transaction?
“1. Strictly implement your own trading system and do the market conditions you are familiar with.
2. Don’t be lucky and don’t expect to get rich overnight.
3. Know that there is something to do and that there is something not to do.
4. Do not predict market trends in advance, but follow the trend. ”
Q: What advice would you give to those who are just starting to take the EagleTrader exam?
“1. Don’t hold a heavy position;
2. Do not place orders before or during the news data;
3. Manage your mentality and emotions, and strictly implement your trading system;
4. Do not place orders frequently;
5. Trading on the same day should be suspended after three consecutive losses;
6. Stop loss must be set after placing an order. ”
Q: Are you planning to take the EagleTrader exam again to manage larger funds?
“Plan to participate in the challenge of $200,000 account.”
Q:What do you think is the key to long-term stable profit in trading?
“I think the key to long-term stable profit in trading is mentality management and emotional control,
The second is to strictly implement the trading system + reasonable position management + risk control execution. Truly achieve unity of knowledge and action. ”
After in-depth interviews with three outstanding EagleTrader traders, we noticed that despite their different trading methods, their shared enthusiasm, emphasis on risk management and pursuit of personal development are obvious.
Whether it is Huang Huanle’s “consistency and excellent risk control ability”, Hu Hao’s “reasonable stop-profit can guarantee the expected returns when making a profit”, or Huang Jian’s “knowing to do something and not doing something”, they all deeply demonstrate that the core of transaction success is self-control and rational decision-making, which is exactly the true meaning that EagleTrader hopes that every candidate can understand and practice.
In this regard, if you are also inspired by these experience sharing and are eager to show your trading talent, then come and join us! Scan the QR code below to log in to the mini program or click: https://www.eagletrader.com.cn/ Visit the official website of EagleTrader to register with our customer service for the trader selection exam. EagleTrader looks forward to exploring the infinite possibilities of the market with you! 