EagleTrader trader Wang Zhaoming: Replace luck with discipline and win the market with the system

In the world of trading, time and experience are often the best teachers. Wang Zhaoming, a trader from EagleTrader, is a practical trader with ten years of experience in the market. Since entering the foreign exchange field in 2015, he has witnessed the ebb and flow of the market and gradually formed his own calm and steady trading style.

Interest-driven, persistence stems from fairness

Like many traders, Trader Wang Zhaoming initially entered the market out of strong interest. But what attracted him to stick with it for a long time was the “relative fairness” of the transaction. He believes that in the trading market, everyone faces the same price, and the final outcome depends on mentality, strategy and execution.

Based on fundamentals, supplemented by technical aspects

In trading decisions, trader Wang Zhaoming has a very clear analysis system – fundamental analysis accounts for 50%, technical analysis accounts for 40%, and experience accounts for 10%. He rarely uses intuition, because in his view, “trading is not about guessing, but about research.” He emphasized that after studying the fundamentals of the target, he should wait patiently for signals that fit his trading system to appear, prepare for the worst, and set a clear stop loss – this is the core of his risk control system.

Replacing luck with discipline

When talking about the low point in his trading career, he admitted that he had also experienced a liquidation. At that time, he often “judged in the right direction, but the market trend was in the opposite direction.” Through hesitation and luck, small losses turned into big losses. That experience gave him a deep understanding of the importance of trading discipline. Nowadays, he no longer opens positions randomly, “every order must have a reason.” He replaced his past emotions and luck with reason and planning.

Continuously refined systematic thinking

In the past year, trader Wang Zhaoming has reorganized his trading philosophy and systematically reshaped his strategy. He said that the future direction is to “continuously improve and refine” to make the strategy more consistent with market fluctuations. He believes that neither overly stable nor overly violent market conditions are ideal. What is truly suitable is a fluctuation range that matches your own system and is psychologically bearable.

As for risk management, his answer was straightforward – “It cannot be greater than 50 points.” In his view, reasonable risk taking is the prerequisite for profit. Faced with a possible profit retracement, he always insisted on executing as planned and would not be disturbed by short-term fluctuations.

Participate in EaExperience of the gleTrader exam

Finally, regarding this EagleTrader proprietary trading exam, trader Wang Zhaoming said that the biggest gain is that “the international market is more volatile than the domestic market, and stop-loss setting is a big knowledge.” This made him better understand the importance of risk control and mental stability.

“Subjective judgment, objective trading, and respect for the market.” This is not only the trading creed pursued by trader Wang Zhaoming, but also the heartfelt advice he gives to new EagleTrader traders. The trading market never lacks opportunities, but what is lacking is a high degree of self-discipline and rationality. Only by building a solid system and cultivating a mature mentality can we gain a long-term foothold in the market.