Behind every trader's screen, there are hidden the joy of countless profits and the late nights of liquidation; every beating of the K-line affects a heart that is struggling with perseverance and confusion, but never gives up.

In foreign exchange, some people enter the game due to short-term huge profits, and eventually exit due to impetuosity; some people work hard because of their love, settle through trial and error, and grow through perseverance.

Today, the EagleTrader trader interview column invites Zhou Liangxing, a senior trader who has been involved in foreign exchange trading for eight years. Let us enter his trading world together, listen to his true story from entry to persistence, from trough to precipitation, and talk about the inner thoughts that only traders can understand.

1. Original intention and persistence

2016 In 2007, Zhou Liangxing entered the field of foreign exchange trading. Eight years is enough time for a novice to gradually understand the complexity of the market, and it is also enough time for many people to choose to leave the market amid repeated profit and loss fluctuations. When asked what keeps him on the trading road to this day, his answer is simple: "Because of love."

This love does not come from the expectation of "quick success", but from the long-term investment that he is still willing to continue to invest time and energy in understanding the logic of market operation after experiencing liquidations, retracements and repeated reviews. In trading, short-term fluctuations are inevitable, but traders who can really go further are often those traders who are willing to face problems head-on and constantly correct their behavior.

“Many people start trading because they love it, and they repeatedly ask themselves whether they want to continue when they are at the bottom.” This feeling of Zhou Liangxing is also a stage that many traders have experienced. For him, love does not mean blind persistence, but gradually forming a trading method that is more suitable for him through adjustment after adjustment.

2. Proportion of trading decisions

With the accumulation of trading experience, Zhou Liangxing gradually established a relatively stable trading decision-making structure. When asked about the proportion of technical analysis, fundamental analysis, intuition and experience in decision-making, he gave a clear division:

Technical analysis accounts for about 35%, fundamental analysis accounts for about 35%, and intuition and experience account for about 30%.

In his understanding, intuition is not a random judgment, but an empirical response formed after long-term observation of the market. Technical aspects and fundamentals provide direction reference for trading, while experience is more used to assist in judging the market rhythm. This multi-dimensional decision-making approach helps him avoid over-reliance on a single analysis method.

In long-term trading, he also gradually realized thatJudgment itself does not determine the trading results. What really affects the stability of trading is often risk control and execution discipline.

3. The importance of cultivating risk control awareness

When talking about the key to long-term stable trading, Zhou Liangxing emphasized the importance of risk control and mentality. He believes that stable emotional management, clear risk control rules, self-disciplined execution capabilities, and a continuous learning mentality are important factors that support continued trading.

In terms of specific operations, he will strictly control the risk occupancy ratio of a single transaction. Based on a risk tolerance of 100 points, he usually controls the risk of a single transaction to about 5% Around. At the same time, he will formulate a relatively clear trading plan before trading, including stop loss and take profit positions, and try to follow the established plan during the trading process to avoid frequent adjustments due to emotional fluctuations.

This emphasis on risk enables him to deal with retracement relatively rationally in market fluctuations, and also reduces unnecessary losses caused by emotional operations.

4. Continuously correct the direction during the retracement

In the trading process, retracement and failure are stages that almost every trader will face. When it comes to whether he has experienced a liquidation, Zhou Liangxing did not shy away. He said that he had indeed experienced several liquidated positions in the past, mainly due to excessive positions, reverse trading and failure to stop losses in time.

The impact of these experiences was not easy, but it also prompted him to review his own problems more seriously. In a transaction not long ago, he once again suffered a large retracement in his account due to reverse trading. This experience also made him re-examine his trading behavior and made it clear that he would be more cautious about reverse operations in the future and would prefer to participate in the market after the trend is relatively clear.

In his view, reducing the "luck component" in trading does not mean completely avoiding risks, but rather trying to avoid relying on accidental judgments within the scope of one's own abilities and rules.

5. Strengthen risk awareness in a regulatory environment

During the process of participating in the EagleTrader proprietary trading examination, Zhou Liangxing’s biggest feeling is that his risk awareness has been further strengthened. Under the constraints of rules, risky behaviors in transactions are easier to identify, which also prompted him to conduct a more systematic sorting out of trading plans and risk management.

Judging from his feedback, such an examination environment is more like a review process of trading habits rather than simply pursuing short-term results. For traders with existing trading experience, it is a good opportunity to review their own risk control system; for those with little trading experience, it also helps to establish a basic risk awareness in a relatively standardized environment.

In terms of account planning, Zhou Liangxing also chose a step-by-step approach, first participating in the profit-sharing account on a part-time basis, and then considering further adjusting the investment pace after the transactions stabilized.

6. ControlControl risks and maintain trade-offs

Faced with common extreme situations in trading, such as heavy losses but heavy positions, Zhou Liangxing is more inclined to re-evaluate trend risks and choose to stop losses in time when judgment is unfavorable to avoid further losses. After a large profit occurs, he will also be wary of the risk of profit retracement, choose to close the position when necessary, and lock in the existing results.

In his view, there is no "perfect strategy" for trading, and the strategy itself needs to be constantly adjusted in actual execution. The important thing is not to avoid all retracements, but to ensure that every adjustment is within your own tolerance.

Looking back on many years of trading experience, Zhou Liangxing learned to constantly revise his understanding amidst market fluctuations and gradually improve his understanding of risks and his ability to respond to them. Trading is not a sprint, but a continuous test of patience, discipline and learning ability.

Judging from his trading experience and feedback, whether it is repeated running-in in actual combat or the review of trading behavior in a rules environment, EagleTrader The proprietary trading examination is more like a process that helps traders sort out risk perceptions, standardize trading habits, and maintain rational participation in the market.