EagleTrader Trader Interview | Control position is the only part that doesn’t talk about luck

In the EagleTrader self-operated trading exam, Xu Hui trader is a low-key but extremely powerful participant. Instead of pursuing short-term profits, he built his own stable system with more than ten years of real-time experience. He regards trading as a strategy game that never passes the level, and because of this, he enjoys it and continues to improve.

From “playing games” to playing the market, trading is a long-term practice

“I like trading, just like playing games. The difference is that this game has no end, and the upper limit of returns is almost unlimited.” – This is the most essential understanding of trading by traders Xu Hui. He has been engaged in the foreign exchange market for more than ten years and has already integrated this career into his life. He is not a “part-time trader” who participates temporarily, but a full-time free trader who speaks with results and survives with the system.

In his cognitive system, the market is unpredictable, and what traders need to do is not predict the trend, but be prepared. He admitted that in his trading decision structure, technical analysis accounts for about 60%, fundamentals 30%, and the remaining 10% comes from intuition and experience developed over a long period of time. In other words, he does not reject subjective judgment, but firmly believes that everything must be based on structured logic.

Three Principles of Risk Control

“You don’t need to be always right, but you must always survive.” Xu Hui’s trader’s risk control concept runs through every operation. He repeatedly emphasized: “Keeping the principal is the only principle that cannot be violated.” This is not a slogan, but a truth he summed up from countless experiences of liquidating stocks.

He revealed that he had suffered a sudden change in the market, and the main reasons were concentrated in two words – “anti-order”. “After a data release, the market goes against the trend, but I hold my position to the contrary. That was my most painful experience.” After learning from the pain, he began to establish a strict risk control system:

Each transaction only bears a risk of less than 1.5 points (100 is the total risk unit);

When you stop loss continuously, you will automatically reduce your position, and even suspend trading;

Adhere to set a guaranteed stop loss, do not bet on profit stretching, and do not take a lucky mentality.

He concluded: “Luck cannot be eliminated, but through a reasonable profit-to-loss ratio design, the system can be ‘fault-tolerant’. As long as you control the drawdown, there will always be a chance to return.”

Trading is not a game of frequency

Xu Hui’s trading strategy has not been expanded until now after it was formed two years ago.Modification. He admitted that he has gradually begun to reduce trading frequency, extend position cycle, and reduce position fluctuations. Compared to frequent in and out, he values ​​transaction rhythm and system consistency more.

“The trading system is like a ruler, it needs to match your rhythm, cognition, and psychological endurance. Other people’s systems may be beautiful, but not necessarily suitable for you.” For him, the improvement of the system is not for “more accurate”, but for “more stable”.

It is worth mentioning that in his own real-time record, after each large drawdown, it often takes only four or five trading days to return to the net value high. He believes that this is closely related to the strategy of “low risk + steady rhythm”.

Risk awareness has been re-amplified

When asked about the biggest gains of passing the EagleTrader exam, Xu Hui trader said without hesitation: “I pay more attention to withdrawal when trading.” He admitted that operating in a free environment for a long time can sometimes be too confident, and the examination mechanism’s strict requirements on risks and withdrawals have made him re-examine his trading system, especially his response strategies after continuous losses and stop losses.

Faced with the future profit-sharing account stage, he will still participate in in-depth in full-time trading. “I have been a full-time trader for a long time, and sharing profits is just another incentive method. The core is whether I can strictly implement the system.”

Price is the lifeblood of trading

For new traders who are about to register or prepare to take the EagleTrader exam, Xu Hui trader only emphasizes one thing: “Keep the principal, keep the principal, keep the principal.”

He does not recommend skills, models, indicators, nor does he talk about profit logic, but only emphasizes the construction of the capital defense line. “You can’t control the market, but you can control the position. If you can’t even do this, talking about profit is empty talk.”

Xu Hui trader is the kind of trader who has experienced the storm but is still moving forward steadily. His trading system is not very fancy, and his risk control concept is relatively simple and direct. But it is these simple and solid ways of thinking that have built the background of a truly “practical veteran”. For those who want to survive and gradually make profits in transactions for a long time, his thinking may be a “risk template” worthy of repeated reference.