Adhering to the iron rule of “losses never exceed 0.5%”, how can he achieve stable profits for five years?

The foreign exchange market is an industry full of challenges and opportunities. Trader Li Zhipei entered this field five years ago and has accumulated rich trading experience. Over the past five years, he has experienced many ups and downs, especially in the first few months, when losses once put him under great pressure. However, it is this challenge that drives him to continue exploring, learning, and ultimately moving towards a path of stable profitability. Li Zhipei believes that foreign exchange trading is not only a display of skills, but also a mentality cultivation that requires continuous exploration and adjustment.

Why choose trading

Li Zhipei recalled his mentality when he first came into contact with foreign exchange trading, saying that his fascination with this industry occurred almost instantly. “Although I was losing money in the first few months, I could feel the huge potential of foreign exchange trading and know that I could make profits in it in some way. This feeling made me have a strong interest in this industry.” He admitted that it was this strong belief and deep understanding of the industry that prompted him to continue firmly. The volatility, complexity and hidden opportunities of the foreign exchange market have become the source of motivation for him to constantly pursue and improve his trading strategies.

Gradually becoming professional

After taking the EagleTrader assessment, Li Zhipei decided to make foreign exchange trading his full-time career. He said that although he started trading part-time, with the accumulation of trading experience and a deeper understanding of the market, he believed that full-time trading would bring greater opportunities and challenges. “If you have the opportunity to join the headquarters and work with other top traders, it will be a very meaningful opportunity,” Li Zhipei said, showing his unlimited vision for his future trading career.

The core of trading decision-making

For the making of trading decisions, Li Zhipei believes that the combination of technical analysis, fundamental analysis and intuitive experience is the key to determining the success or failure of a transaction. He set the proportions of these factors as follows: technical analysis accounts for 60%, fundamental analysis accounts for 10%, and intuition and experience account for 80%.

Through many years of trading experience, he found that the most important thing in the market is to choose the appropriate entry time and direction, and these can be accomplished through in-depth technical analysis and keen capture of market trends. At the same time, his rich trading experience and intuition about the market also help him make more accurate judgments at critical moments.

Risk management in trading

Li Zhipei knows well, Profitability in the foreign exchange market is not achieved overnight. Long-term stable profitability comes from effective risk management and emotional control. “Waiting for key positions, conducting reasonable position management, and accurately grasping the timing of entry are the basis for my long-term stable profits.” He said. Li Zhipei attaches great importance to position control in trading, testing the water with light positions and rationally allocating positions, so that he can maintain high stability even in the case of severe market fluctuations.

He emphasized that losses are not inevitable in trading, but how to control losses is a skill that every trader must master. “If the market trend is not as good as expected, I will exit quickly. Stop loss is the most basic means to ensure the safety of principal.” Li Zhipei believes that only with proper position control and strict trading discipline can good capital security be maintained for a long time.

From liquidation to steady profits

Li Zhipei said frankly that in the first year of trading, he also experienced the painful lesson of liquidation. “At that time, I was too aggressive and frequently added positions, which eventually led to several liquidations. At that time, my mentality collapsed, and I deeply realized the importance of position management.” He shared. Although this experience made him deeply painful, it also laid the foundation for his later trading career. Since then, he has gradually established a more stable trading method, always insisted on light position operations and strictly controlled risks, and finally achieved the goal of long-term profitability.

Understanding and response strategies to market volatility

Li Zhipei has a deep understanding and unique insights into market fluctuations. “I prefer stable markets, such as gold and U.S. stocks. The fluctuations in these markets are relatively small and are more suitable for my stable and profitable trading style.” He mentioned that although the market sometimes experiences violent fluctuations, as a trader, the most important thing is to learn to accept the uncontrollability of the market and be prepared to deal with it.

Li Zhipei usually sets reasonable stop-profit and stop-loss during the transaction process to cope with sudden market fluctuations. If he encounters a large retracement, he will reduce his holdings in a timely manner according to the market trend to ensure that the risk is within control.

The path to achieving stable profits

When talking about how to make sustained profits, Li Zhipei concluded: “Successful traders not only need accurate technical analysis and timely market insights, but also need a firm trading system and strict mentality control.”

He suggested that new Eagle traders should establish their own trading system and strictly implement it to avoid being affected by emotional fluctuations in the market. At the same time, only by maintaining clear judgment and identifying the authenticity of information can we avoid being misled by the market.

Li Zhipei’s trading story is full of struggle and growth. From the initial losses to today’s steady profits, his experience provides a valuable reference for everyone who wants to gain a foothold in the foreign exchange market.

The EagleTrader trading exam is not only a one-to-oneThe test of a trader’s ability is also the only way for them to gradually mature. Li Zhipei is full of confidence in the future and firmly believes that he will go further through continuous learning and practice.