EagleTrader Interview | Single risk only accounts for 15%! Position management secrets of veteran traders

After the liquidation, do you still have the courage to continue trading? This is a soul torture that every trader may face. In this market where profits and losses are only instantaneous, from full-time all
There are many stories of people getting liquidated and liquidating their positions, but there are very few people who can withstand the collapse and start over.

Liu Ze, the protagonist of today’s exclusive interview with EagleTrader, is such a practitioner who has gone through the darkest moments of trading. He is a senior database administrator for a listed state-owned enterprise. He has more than ten years of real-time experience in foreign exchange transactions. He has been engaged in full-time high-frequency trading for 6 years, and has also experienced the trough of collapse when he stayed behind closed doors for a week after the liquidation. Now, he is preparing for the EagleTrader self-employment assessment as a part-time job and has officially restarted his professional trading path. How did he get out of the shadow of liquidation? And what made him choose to start over?

The growth of trading begins with a complete closure of losses

Liu Ze, who entered the trading industry in 2013, has gone through a full-time career of daily tracking trading for 6 years, and also suffered the most severe setback on the trading road: a heavy position transaction led to a liquidation of US$20,000. He stayed behind closed doors for a whole week. His negative emotions even brought down his health, and he temporarily stopped working on the full-time trading track. This “failure experience” in the eyes of others has become the most critical watershed in his trading career.

In fact, the growth of trading has never been about avoiding losses, but not being completely defeated by losses, let alone falling into the same pit repeatedly. Although he once thought about giving up completely, his love for trading still allowed Liu Ze to continue trading intermittently until he met the proprietary trading exam. He chose to prepare for the self-employment assessment as a part-time person, and made it clear that after passing the exam and his trading status is stable, he will consider returning to the full-time trading track and continue to deepen his passion for the trading career.

Without firm trading logic, you cannot withstand market fluctuations

After more than ten years of market ups and downs, Liu Ze has built a highly closed-loop trading decision-making system: in the core decision-making of opening and closing positions, technical analysis accounts for 50%, practical experience accounts for 40%, and fundamentals and intuition only account for 5% each. He has always believed in a core principle: all problems in trading can be solved with technology, including mentality issues.

At the same time, he refuses to stick to rigid trading strategies, maintains dynamic correction and continuous polishing of the technical system, refuses to constrain real-time market judgments with immutable trading plans, and avoids unnecessary mental internal friction.

He said that instead of wavering among various analysis methods, it is better to concentrate on polishing your own trading core. This is the foundation for long-term foothold in the market.

The first essence of trading is to always stay at the poker table

The profound lesson of liquidation made Liu Ze carve risk control into every detail of the transaction. He has a clear boundary for the risk of a single transaction. A single transaction only takes up 15% of the risk that can be taken. He maintains a balanced position management of offense and defense, and fundamentally rejects gambler-style operations with heavy positions.

In the face of extreme market conditions, he also strictly abides by execution discipline: when a large loss occurs unexpectedly, the first choice is always to close the position and leave the market, and refuses to take orders or take chances; when facing a sharp retracement of profits, he always takes “no large losses” as the bottom line, strictly follows the strategic logic at the time of entry, and never allows risks to get out of control.

This is his core advice to all traders: The essence of trading is risk management, and survival is always more important than making quick money. Countless traders pursue high returns throughout their lives, but ignore the bottom line of risk control, and are eventually kicked out of the market by extreme market conditions again and again. When you don’t even have the right to stay at the poker table, how can you make a profit?

The charm of the self-operated trading exam

Today, Liu Ze still sticks to the main business of a state-owned enterprise and prepares for the ET self-operated assessment as a part-time job. He hopes to verify his trading system through the assessment first, and then gradually plan for full-time trading, and never blindly go all in.

Talking about the gains from participating in the ET assessment, Liu Ze said frankly that this experience not only made him feel the charm of proprietary trading, but also gained a lot of practical trading experience, and met a number of top trading experts in the industry, which improved his trading vision and system.

He believes that EagleTrader is a platform suitable for the growth of traders at all stages and is worthy of every passionate trader to come here to verify their trading system and pursue a broader trading road.

After more than ten years of market ups and downs, Liu Ze has lost his impetuousness when he first entered the market and developed a trading mentality that makes him stable and long-term. His story tells us that trading has never been a get-rich-quick game for a few people, but a path of cultivation for ordinary people relying on systems, discipline, and clear cognition. The EagleTrader self-operated assessment provides countless traders like Liu Ze with a reliable entrance to verify their strength, achieve growth, and enter the professional trading track.

If you also want to say goodbye to disorderly games and embark on the path of stable and profitable trading, follow us now to learn more about the exam details and make a steady and long-term journey on the trading road together.