On-site split run $32,249: His trading path may also be your future

Online share of $32,249: His trading path may also be your future

In the EagleTrader Incubation World Top Traders Conference, which just ended last week, has 6
Li Cong, a trader with years of trading experience, received a real profit of US$32,249 in the on-site profit sharing process, becoming the trader with the highest profit sharing amount this month.

Because of not being able to visit the scene in person, trader Li Cong shared his joy through video links and said that he would focus on managing profit-sharing accounts in full-time in the future. His outstanding performance also attracted high attention from the guests and traders present.

Taking this opportunity, we have also specially compiled the previous interview with Li Cong trader and took everyone to learn about his trading experience, hoping to bring inspiration and thinking to more traders who are exploring the path of self-operated trading.

01|From “habitual trading” to full-time trading

Talking about the opportunity to get involved in trading at the beginning, Li Cong trader frankly said: “On the one hand, I want to make money, and on the other hand, I am used to it.”

This answer seems casual, but in fact it reflects the starting point of many traders – from interest-driven to gradually exploring their own trading style in continuous practical combat.

After passing the EagleTrader exam, Li Cong trader also officially transformed from a part-time job to a full-time trader, focusing on managing the platform’s profit-sharing account. When he participated in the live distribution event for the first time, he achieved more than 3
The profit score of tens of thousands of dollars not only verifies his trading system, but also makes him more determined in the direction of professional development.

He said, “The biggest gain of registering for EagleTrader is that under the constraints of rules, we can better regulate behavior, control positions, and polish some trading habits.”

02|Adapting to your own system is the key to profit

When asked about the key to long-term stable profit, trader Li Cong said: “Building a trading system that suits your own behavior and habits is the key. ”

He shared that whether the strategy system he is currently using has been significantly adjusted or has been operating stably a year ago; whether it will be adjusted in the future will depend on the volatility changes of the trading products.

In the weight of trading decisions, he believes that technical analysis accounts for 70%, intuition and experience are about 25%, while fundamental analysis accounts for only 5%. His trading plan is generally 1-5
The short-term plan of the day allows him to flexibly respond to market trends.

Although the market will always change, the trading system is a mirror of behavioral patterns. In the eyes of traders Li Cong, it is still necessary to match your personality and habits to the best state.

03|Stable emotions in fluctuations and resolve risks in discipline

In the eyes of traders Li Cong, the “luck” in trading is an uncontrollable factor, but the response method is controllable.

“Lucky factors cannot be eliminated in trading. There are good or bad luck. Beware of not expanding when you are lucky.”

This calm mentality is also reflected in his risk control logic: in the face of losses caused by high positions, he chooses to adjust his mentality in time, cut positions and rest when necessary; when encountering profit retracement, he also has a clear response strategy – either move stop loss and hold with the trend, or break the position and stop profit.

In addition, he usually controls the risk of each transaction below 10% of the total funds. If he encounters a pullback, it takes only 1 to 2 weeks to recover the net value on average.

04|When he experienced a position explosion, he changed from emotional trading to planned trading

In his trading career, traders Li Cong also experienced painful position explosion.

He recalled that the loss occurred two years ago: when the market fell, the bottom was wrongly judged, long positions continued to increase positions, floating losses continued to expand, and eventually the position was liquidated and eliminated.

“When the market was not actually considered, it was still due to a downward trend. It was also possible to go long on the left side, but it was too self-righteous. I didn’t pay attention to the actual market trend and cut orders at that time. I must be very frustrated and I couldn’t understand why the market went like this.”

It was also this experience that became himan important turning point. Later, Li Cong traders gradually realized the risks of blind subjective and emotional operations, began to pay attention to the importance of rules, discipline and planning, and also laid the foundation for building a stable trading system in the future.

05|Volatility is a condition for system operation

Compared with a stable market, traders Li Cong prefer high-volatility markets. In his opinion, only if the volatility is sufficient can the advantages of the trading system be truly utilized: “Only large volatility can there be sufficient room for holding positions or small bands.” This also means that he does not evade market uncertainty, but instead takes the initiative to find rhythm and opportunities in volatility to create more profits for himself.

06|Suggestions for new EagleTrader traders

For traders who are still in the exploration stage, Li Cong gave sincere advice:

” Whether trading can make a profit depends on whether you have a trading system that suits your own behavior and whether you can execute it without psychological pressure.”

He also specifically mentioned that EagleTrader
The examination mechanism and rule design helped him polish his trading habits and was an important help to mature his trading system, so it was also very suitable for traders who still need to improve their trading ability.

From accustomed to trading to full-time trading, from a lesson in liquidation to a real share of US$30,000, Li Cong’s growth path is a microcosm of the practice advancement of countless traders.

Under the rules and profit sharing incentives provided by EagleTrader, he started from simulated funds, gradually built a system, formed discipline, and achieved profit conversion. And this is exactly EagleTrader
The goal expected to achieve: help people with trading capabilities achieve professional and independent development.

If you also want to become a full-time trader or professional trader and earn your own profits, you may see a development path worth learning from Li Cong’s experience!