The trading journey of trader Huang Wengui is like a rollercoaster ride. On this path, he once blew up his account due to overconfidence, but through inner struggle and reflection, he found his own trading philosophy. Today, he stands at another peak in his trading career, but looking back, every bit of success is built on countless trials and tribulations.

"2015 marked the beginning of my true entry into the forex market."

In 2015, trader Huang Wengui first encountered forex trading. At the time, he never imagined that this field would become the main theme of his life. For him, trading is not just a job—it is a way to break through his personal limitations and pursue independence and freedom.

"I’m not very outgoing, and I’m not good at speaking. I wanted to make a living through trading," he said. It was precisely this personality trait that made him even more eager to find a work style that suited him.

Trading Decides Fate, but Mindset Determines Success or Failure

When Huang Wengui first entered the market, like many beginners, he lost his way due to a lack of experience and understanding of the market. He never imagined that trading was not just a battle of techniques but also a test of mindset.

"Technical analysis 50%, fundamental analysis 0%, intuition and experience 50%." This was Huang Wengui’s understanding of his trading decisions. He didn’t rely much on fundamentals, instead leaning more on experience and intuition to judge market trends. Perhaps this was the default choice of a beginner: in the face of uncertainty, he sought a sense of security—one that came from his own feelings and experience.

But as time passed, Huang Wengui gradually realized that relying solely on intuition and experience couldn’t bring sustained profits. Controlling losses was the real key. This philosophy was born from the painful lessons of repeated failures.

"Small Losses, Big Wins"—This Became My Trading Philosophy

Huang Wengui clearly understood that the key to long-term stable profits wasn’t about how much you could make but how much you could limit your losses. He knew that only by controlling losses could he survive the market’s volatility.

He recalled that when he first started trading, he was often unwilling to admit mistakes and would hold onto losing positions, which led to significant losses. His first account blowup was particularly devastating—he almost lost all confidence. "After blowing up my account, I felt terrible. Half a year of hard work was wiped out overnight," Huang Wengui said, his tone still heavy with emotion. But he knew that this blowup brought him more than just financial loss—it forced him to deeply reflect on his trading mindset.

After this painful lesson, he completely changed his approach. "No matter what, I must set stop-losses. When profitable, don’t get arrogant; when losses hit a certain amount or level, cut them immediately." He realized that the market wouldn’t always favor him. Only by adhering to proper risk management could he avoid "losing everything" in the market’s ups and downs.

Reflection and Breakthrough

The pain of the blowup didn’t disappear, but it became the catalyst for Huang Wengui’s real growth. His former tendency to rely on luck was gradually replaced by strict trading rules. For every trade, Huang Wengui now insists on strict stop-loss principles: "Now, I let the market hit my stop-loss line automatically—no more wishful thinking."

He began to re-examine his trading mindset and strategy, learning how to stabilize his operations in volatile markets without blindly following trends. He also realized that reasonable profit-taking was key to maintaining gains. "I use passive profit-taking, moving the stop-loss line up. Once it’s hit, I exit automatically. If profits start to retract, I set partial exits in advance." This wasn’t just a technical improvement—it was a sign of mental maturity: in the pursuit of profits, he had learned to stay calm and rational.

The Growth of Trader Huang Wengui

Today, Huang Wengui is no longer the greenhorn he once was. Facing the market, he is more rational and composed. He knows that a trader’s greatest enemy isn’t the market—it’s himself.

"Even if it’s just an evaluation, I take it seriously, treating it like a real trade. During exams, I couldn’t even sleep—I’d wake up in the middle of the night to check," he said. Huang Wengui has found his own rhythm through trial and error. He now emphasizes discipline, risk control, and maintaining profits. Behind all this lies his deep understanding of trading and his relentless refinement in the market.

"When You Make a Mistake, Don’t Rush to Recover—Control Your Mindset."

When asked for advice for new traders, Huang Wengui summarized his years of experience: "Even if it’s just an evaluation, take it seriously—treat it like a real trade. During exams, I couldn’t sleep and would wake up at night to check."

He also emphasized: "Never over-leverage. If you face a major drawdown, always set stop-losses for every trade. Keep losses small and wins big." These words are simple yet powerful, carrying the weight of countless failures and reflections.

For every trader struggling in the market, Huang Wengui’s story is a cautionary tale worth pondering: on this path full of temptation and risk, the most important thing isn’t how to be right—it’s how to avoid being defeated by the market.

"We can’t be right every time, so when you’re wrong, don’t rush to recover—just control your mindset." This sentence is Huang Wengui’s summary of his long trading journey, and it’s the spiritual guidance he offers to all traders.