In the interview with EagleTrader, most traders tend to downplay the role of luck, but trader Wei Yibo put forward a unique perspective: "Good luck does not need to be eliminated, what needs to be eliminated is the omnipotence brought by good luck." This view stems from his five years of trading experience - when psychological influence quietly penetrates, the real challenge has just begun!

　　Climbing the "mountain" of trading

　　After asking about the motivation to insist on trading, Wei Yibo said: "In the process of trading, I am actually constantly learning to read books and understand various knowledge. I think I am growing and improving. But the failure of trading is because I did not do well in trading. Trading is the mountain in my life. I want to make myself better by climbing the mountain."

　　After passing the assessment, he chose to operate the profit-sharing account in a part-time state, and built a unique framework in strategy: determine the trading direction based on fundamentals and use technical analysis to choose the trading opportunity. However, he said it is difficult to clearly distinguish the proportion of technical analysis, fundamental analysis, and intuition and experience in trading decisions.

　　He emphasized that for selection and trading, if you cannot withstand too large fluctuations, you cannot increase your position and must act cautiously. Moreover, intuition and experience are crucial because as an individual trader, he is at a disadvantage in grasping market information and needs to rely on intuition and experience to make up for the shortcomings of technical analysis. Sometimes, experience and intuition can serve as a bridge between fundamentals and technical aspects, helping to balance the pace of trading.

　　The key to stable profit

　　When talking about the key factors in achieving long-term and stable profits in trading, he pointed out without hesitation: risk control, transaction consistency and physical and mental balance. Regarding the trading strategy currently adopted, he said: "There is no major modification, mainly to lower expectations and let go of obsession. If you have the opportunity to learn the trading methods of market makers, I would like to participate in relevant training. I think this will help you better understand the market."

　　Luck factor of trading

　　YesHe has his own unique insights on how to eliminate the luck factor in trading: "Human nature cannot stand the test. It is difficult for you to continue to succeed by doing both trading, risk control and analysis. If you are lucky, don't retreat, but you still have room for space. Therefore, I think the risk control of the platform is reasonable. This requires trading to control the highest drawdown and calculate the trading risk, and finally set the number of trading lots. Good luck does not need to be eliminated. What needs to be eliminated is the omnipotence brought by good luck. Strict stop loss in reality will teach every trader a good lesson."

　　How to manage position

　　When asked about assuming that a position is very heavy and a large loss unexpectedly occurs, what should I do when it is too early to exit the plan? Wei Yibo shared his plan in detail: "Adjust the plan. A good plan should be taken into account the worst case, and huge losses unexpectedly occur. Loss description In practice, first set half, so that the situation is not that bad, give yourself time to adjust your plan, and leave yourself more room for operation."

　　When talking about position management, he also revealed that he had experienced a position breaching experience. Recalling the situation and mentality at that time, he said: "I was confused and regretful. Every time the position breaching is several times, the position will expand, so that I have achieved my contribution in one battle and have a strong sense of substitution. Just like fighting, regret is the profit accumulated by spending so much time because I misread it once, and it is not worth it."

　　In terms of trading planning, he honestly said: "Trading according to the plan is a reasonable state, and there will be shortcomings in this regard and cannot be fully implemented. It is also a place that needs to be polished."

　　The way to survive in the volatility market

　　　The preference for the market, He prefers markets with large volatility. He explained: "The markets with large volatility have more opportunities and better participation. The understanding of volatility is very valuable for trading. The volatility I understand is the specific application of trading. The key is to identify oscillations and trends, so that trading strategies can be distinguished. Many people mentioned the trading inertia, as well as the prodigal shape of the wave theory, active trading range, the day before the data comes out, will not produce a significant breaking trend. A few hours before the data comes out, the volatility brought by smart money is very valuable for intraday trading."

　　When asked if the assumption that the risk can be borne is 100 points, and the average risk is expected to occupy each transaction, he gave a 20% answer.

　　Suggestions to traders

　　For how long will it take to return to the previous highest point of net value after each maximum retracement occurs, he said: "Adjust your mindset and quickly, according to the assessment standards 2-3 God, but this cannot be urged, it is not good for your mentality. If your mentality is unbalanced, your position will be eliminated. ”

　　This time I participated in EagleTraderHe believes that the biggest gains in the exam are: reasonable profit expectations and formal guidance for traders. Finally, for newly registered Eagle traders, his advice is to seek benevolence and get benevolence.

　　In the brief interview, we deeply felt that Wei Yibo had unique insights into transactions. The uncertainty of transactions not only did not discourage him, but instead became a powerful driving force for him to continue to learn and make progress.