EagleTrader Trader Interview |Three Keywords of Trading: Risk, Rules and Patience

This time, EagleTrader trader interview welcomed a female trader for a long time. She has no shocking legends, nor has she ever made a script to get rich overnight; she brings the real process from falling to standing firmly, from confusion to calmness. Her choices, her mistakes, and her corrections have pieced together a professional path worth learning from by all candidates.

Early entering the market: a driving force of curiosity and accomplishment

Yang Wenwen’s trader’s foreign exchange trading journey began in 2020 10
It has been nearly five years since then. The first choice to enter this industry was due to the curiosity and challenges of unknown markets. She thinks it is very interesting to use technical indicators and news analysis to predict price trends. Whenever she makes the right judgment and gets that sense of accomplishment, she becomes even more fascinated by this field.

However, over time, Yang Wenwen traders realized that the attractiveness of trading is far more than prediction and profit. She gradually discovered that trading is actually a kind of understanding and grasp of human nature, and a profession that tests mentality. Being able to make stable profits in the long term is not only a victory of technology, but also a reflection of self-cultivation and psychological quality. It was this pursuit of self-growth that made her persevere.

Risk Control: Her core trading philosophy

In trading practice, Yang Wenwen traders have gradually formed their own unique trading philosophy, the most core of which is risk control. She emphasized that what can truly bring long-term and stable profits is knowing how to control risks and put them in time. Her trading strategy does not pursue frequent in and out, but focuses on setting a reasonable appearance position after accurately finding the entry point.

When regarding position control, Yang Wenwen traders always remain vigilant: “Don’t have heavy positions, nor do they have light positions, and they will not blindly increase positions due to market fluctuations.” She believes that controlling positions and risks is the basis for long-term profits. Her trading method does not modify the strategy too frequently, but continues to optimize the risk control system to avoid unnecessary exposure of risks.

Learn to learn from failure

Yang Wenwen trader admitted that she had experienced a profound failure – that experience of liquidating positions became a turning point in her career. When she first entered the industry, she was overconfident because of her winning streak and lacked enough respect for the complexity of the market. Especially when facing sudden news, she did not keep up with the information in time, which led to her firm belief that the market would rebound when the gold price fell sharply and blindly increased her positions. Ultimately, thisThe decision to ignore risks made her lose her position tragically.

“I was confused at the time and felt a little heartbroken, but more of it was scared.” She recalled, and at that moment she realized that trading was not only a contest of technology, but more of awe of risks and control of positions. Since then, Yang Wenwen traders have begun to systematically learn how to manage risks rather than rely on luck.

Trading Strategy: Flexible response and seeking progress while maintaining stability

For trading strategies, Yang Wenwen traders do not pursue frequent modifications, but always adhere to the principle of “seeking progress while maintaining stability”. She sets her risk for each transaction within a controllable range, and the risk tolerance for each transaction is about 20
points (assuming the total risk is 100). She said that she usually does not trade frequently, but waits for the right opportunity to reduce meaningless volatility.

“For maximum retracement, 3–4 is usually required
It takes only a trading day to return to the previous net value high. “Yang Wenwen’s trader has a stable trading style, emphasizing the use of calm analysis and scientific risk control to deal with market fluctuations, which also enables her to maintain relative stability in the face of violent market fluctuations.

It is not only a skill, but also an improvement in her mentality

This time she participates in EagleTrader
In the exam, Yang Wenwen trader said that what she gained the most was not a breakthrough in trading skills, but a further training of her mentality and risk control. She gradually learned to accumulate profits more patiently in trading, rather than blindly pursuing rapid success. She also realized that trading is not just technology and analysis, but also a kind of practice of self-psychology.

“I learned to accumulate little, not to think about achieving it overnight.” Yang Wenwen trader shared that she hopes to bring this stable and patient trading mentality into her trading system to obtain long-term stable returns.

Parity and rules are the cornerstones of success

For new joining EagleTrader
Trader Yang Wenwen gave several suggestions: Don’t rush to achieve success, proceed step by step, strictly abide by trading rules, control risks, and avoid frequent trading. During the re-examination stage, it is especially necessary to maintain a cautious attitude. She stressed that we should not be impulsive in trading, but should slowly accumulate experience and achieve long-term profits through steady progress.

There may not be a thrilling counterattack plot in the story of Yang Wenwen’s trader, but it is precisely because of the truth that it can be more touching. From her initial curiosity and impulse to the pain of losing positions, to her current mature mentality with risk control as the core, she is exactly the path that many traders will take. She uses her own experience to tell us: trading is not just a competition in the market, but also a kind of self-cultivation.

In her story, there are three keywords that are particularly clear – risk, rules, and patience. Perhaps, this is how Yang Wenwen traders can fluctuateThe real reason for gaining a foothold.