EagleTrader Trader Interview | Trading is a Probability Game

In this interview, we invited Zheng Huiquan, a trader who passed the EagleTrader self-operated trading exam. He has been engaged in forex trading for 3
In 2019, he is currently participating in the profit sharing account operation by part-time. Zheng Huiquan’s trading style is more stable, he focuses on systemicity and discipline, and is good at controlling risks and drawdowns through strategic execution.

In this interview, he shared his motivation for choosing a transaction, decision-making methods, risk management experience, and suggestions for new traders, revealing his ideas for pursuing stable profits in trading.

1. For the sake of wealth and time freedom

Talk about why you chose to trade at the beginning, Zheng Huiquan said bluntly: “If you choose a transaction, if you succeed, you can give me freedom of wealth and time.” For him, trading is not only a profession, but also a way to control the rhythm of life and realize your own value. Because of this, he chose part-time trading in his career path and improved his trading ability through continuous practice.

2. System and execution are the core

In terms of trading decisions, Zheng Huiquan prefers technical analysis, “Technical analysis accounts for 70%, fundamental analysis accounts for 10%, and intuition and experience account for 20%. “

He always firmly believes that the core of stable profits in the medium and long term lies in “a stable trading system tested by practice and executed consistently in trading.”

At present, his strategy is to first determine the direction using large cycles, and then find the entry point in small cycles. The last major change of strategy was half a year ago, “From the future, we will make plans to improve the trading situation.”

In his opinion, trading is a probability game. If you want to reduce the losses caused by wrong direction, you must “through position management and stop loss” to strictly control risks.

As for execution, he was firm: “I will formulate a trading plan and strictly implement it.”

3. Calmly respond to liquidation and retracement

Trader Zheng Huiquan admitted that he had also liquidated his position: “I have exploded the position, and generally operated against the trend and had heavy positions, and there was emotional trading at that time.” When the position increased but there was a loss, he would flexibly handle it according to the situation: “When the position was heavy and there was a large loss, it depends on whether it was a counter-trend operation. If it was a counter-trend order, all positions were closed. If it was a follow-trend order, lower the position first.”

When the profit retracement, he also remained rational: “After a large profit retracement,First lower the position and observe the next market. If the market is a pullback in the trend, you can also increase your position appropriately in the future. If the market reversal, close the position and exit. ”

He controlled it very stably: “Assuming the risk that can be taken is 100 points, I expect to take up 2 points per transaction on average. “And based on experience, judge the retracement recovery period: “3 to 5
sky. ”

4. Steady trend priority

Zheng Huiquan traders prefer stable trend markets: “I prefer stable trend markets. Volatility is affected by news, market liquidity and market sentiment. More volatility means that returns and risks coexist. “This reflects his steady and rational trading style: pursuing opportunities with high certainty, while responding carefully to potential risks.

5. Exam experience and experience sharing

Through this time
EagleTrader exam, Zheng Huiquan trader said that the biggest gain is to develop good trading habits and risk control awareness: “The biggest gain is to develop better trading habits and risk control awareness.”

He also made sincere suggestions to the newly joined Eagle trader: “EagleTrader
It is a good trading platform. If you have trading experience but lack funds, it is a platform that can fully utilize yourself, help you develop good trading habits, and realize your own value. ”

The trader Zheng Huiquan’s philosophy is clear and stable—system, discipline and risk control are the core of achieving long-term and stable profits.

His experience proves that trading is not only a contest between technology and strategy, but also a practice of mentality and execution.

For new traders, only by truly understanding risks, firmly implementing strategies, and developing good trading habits can they move towards maturity and stability step by step.