Mulan in trading: She earned $120,000 in 4 months!

Presently, it seems that female traders have a very weak sense of presence in the market! Not only did the industry report released by the community in 2020 show that the proportion of men and women among traders was 7:3 but also the trading masters in the market were mostly men, such as the legendary Japanese short-term trader Kotegawa Takashi and Bill Ackman, who made a huge $2.6 billion a month! Can female traders only remain anonymous? In fact, in the field of investment, there are many women who do not lose to men! Today, we are going to introduce an excellent female trading expert to everyone, @RANPO.

@RANPO has been in the trading market since 2005 and has 18 years of investment experience. She has gone through a beginner's stage of how to win and short the euro during the 2008 financial crisis, dreaming of doubling profits. However, due to a lack of technical analysis, she has since fully spit out her profits.

Time Old Man has slowly taken away more than a decade, but keeping K-line charts in RANPO's mind. After no longer solely obsessed with technical analysis, her profits began to stabilize. Her account #6 has made a profit of $128,253 since December last year, with an annual yield of 256%, while also controlling the maximum drawdown rate below 20%. It is worth mentioning that without receiving a formal economics education, she has been self-learning economics-related knowledge and has become a first-class financial planner and registered fund manager! Today, we were fortunate enough to invite her to discuss her trading experience:

【Trading Experience】

Q: When did you start forex trading? What have been the changes in your trading methods and understanding of the market over the years?

RANPO: I entered the market in 2005, and my former colleagues led me into it. In that era, if one entered the market, there would be training knowledge provided by platform companies. At that time, I didn't understand the technical aspects, and the trainers didn't have specific systems. I was confused about the use of certain indicators when he talked about them alone. The teacher wouldn't explain such detailed content, but he would talk about some basic content because it would create a high level of admiration for new scholars. We were all mixed while entering the market for trading, and during that era, stocks were sluggish. This industry seemed to have more profit potential, and many people entered the market with a lot of money.

Due to my reverence for the market, I have learned how to manage their funds. To put it bluntly, they are timid and dare not place heavy positions. An account with￥10,000 to ￥20,000 only opens a position for 10% to 20%. At that time, there were no teachers to analyze for you every day, and you didn't know what points were the most suitable. Therefore, after entering the market, orders were mostly in the medium to long term. In addition, there were no smartphones in that era, and there was also other work to be busy with, there was no such convenient condition for trading as it is now, so orders were taken for a long time. In a disguised form, I got rid of the emotion of worrying about gains and losses that oscillated back and forth. At that time, the market was almost one-sided with a rising trend of non-US gold. It sometimes took more than a month or even longer after placing an order to call to ask the price to close the position. Earned money, and this situation continued until the 2008 financial crisis.

Before the outbreak of the 2008 financial crisis, I was fortunate enough to hear an analysis from a senior who said that using purchasing power and market fair value to calculate the price of the euro should not exceed 1.6. At that time, many experts warned that the euro was risky, and I really short the euro at 1.6, with a very light position and no stop loss. Then the financial crisis broke out, and I almost doubled my profits like a dream, which began to expand, I left my previous job and started working as a full-time trading specialist.

After entering the full-time trading department, I found that I didn't understand technical analysis. Someone told me at the time that I didn't even understand the axis of the K-line, and then there was a long learning process. However, after learning technical analysis, I didn't make much profit. For a few years, I was generally in a state of profit and loss, and this situation persisted until I realized that I was no longer obsessed with technical analysis. It was only then that I began to improve. I am not saying that technical analysis is not important or good, but rather that I am not solely obsessed with technical analysis.

 

Q: After the community stopped the MMA mode , did you do any thinking during that time when you were hiding in the community?

RANPO: I still don’t understand the reason why the community stopped the MAM mode. The information given to me at that time was to rectify this section. If this mode still exists, I will continue to do it. It’s not that it’s hidden in the community, but the latter section is no longer online. I didn't think about anything, I just reviewed the gains and losses. And then entered a new round of transactions, because of some reasons for entering the institution, I also stopped analyzing articles on many professional websites.

 

Q: Can you talk about your future investment plans?

RANPO: I am doing it by myself now, without the constraints of an organization. I am actually rather lazy, and I no longer look at many instruments like before. My current plan is to look for trading opportunities on direct-market instruments such as the euro, pound, and gold. When the time comes, I will do the short-term within the day. Once the trend starts, I will still wait patiently for the medium- and long-term positions. The current market is mainly volatile, and I try to make short-term profits. As for when the focus-driven trend will break out, it is currently unclear. From the known information, it will be roughly after June, and a more reasonable investment plan can only be made based on the market reaction at that time. 

 

【Investment Philosophy】

Q：In trading, you focus on fundamental research. What is your research system and logic? What are the main research areas?

RANPO：In the previous introduction, I mentioned that I didn't understand technical analysis at the beginning, so the initial thinking mode when I first came into contact with the market was already basically based on analyzing fundamentals. The research system and the information you see are the same. The only difference may be that I am good at organizing logical relationships because I believe that without fundamental policy drivers. It is difficult to become a major trend at or above the weekly or monthly level. However, I usually distinguish between daily and intraday trading based on volatile markets, so there are many intraday delivery orders or some band trading within a certain period on the orders.

 

Q：Do you have any particular favorite instrument? How to determine whether an instrument has trading opportunities? What indicators do you usually look at?

RANPO：I particularly enjoy making pounds, as well as euros, because when I first came into contact with the market, I had a dream of profit on these subjects, and the subconscious love had an irresistible temptation for me. To determine the trading opportunities of an instrument, it is still necessary to determine the cycle based on volatility, policy, and technical resonance. Currently, I rarely look at indicators because technical indicators sometimes lag behind, and I personally believe that pure technical analysis has certain misconceptions, which are commonly known as false signals given by scams. So my biggest ability in a market without fundamental assistance is to follow the concept of buying and selling in a volatile market as soon as possible.

 

Q：Can you provide a recent specific example to illustrate your experience with your preferred instruments?

RANPO：The last time on March 31st, crosses closed with a negative column that failed to break through the previous high and the subsequent high, and the physical part was not small. According to technical theory, it should be bearish against crosses, and I also followed suit. However, as you can see later, on the first trading day of April, the price rebounded significantly, resulting in a combination of positive and negative K-lines, which continued to rise for two consecutive days. Many participants should be bullish again. If the market flips again and there is a certain amount of decline, then this situation is what I call a 'scam line'.

If I were to engage in short-term trading within the day, I would have been hit on both sides. However, from a broader perspective, it would have been a volatile market. When I was trading, I had already booked a complete change in price. Even if I made a mistake before the complete change, there would still be a chance to leave the market. My delivery note also shows that after the price fell, I did not wait for my position to fully profit before cutting all positions. It's not that I don't stick to my analysis and wait for the target, but that when I find an error and the market gives me the opportunity to leave with a small loss, I should leave decisively. Don't be too concerned about the small loss of certain orders. If you have to wait for a profit every time before leaving, you will miss many opportunities, and even be trapped deeper. Making a decisive decision is also one of the abilities that trading needs to train, also known as the Alligator Principle method.

 

Q: Sometimes your order is a short-term within the day, sometimes it is an overnight band, and sometimes it is held for a week or two or even longer, and becomes a medium-to-long-term. How do you judge whether an order should be made into a short-term, swing, or mid-term? What about the long line?

RANPO：You saw that a part of the delivery order for this account had taken the order for several weeks, but it was actually a mistake and forced to take it for so long. It was not my trading strategy's expectation, but my physical condition at the time prevented me from seeing the market, resulting in a large floating loss. Later, I found through new analysis that there was a chance to rescue it. That's why I suddenly increased my position a few weeks later, and after reaching the expected target, I sold the profit order, All orders with long positions in loss-making orders have also been cut off. If I continued to float, I could have left the market without losing money or even making a profit, but my analysis only reached the point I believed at the time, which means that avoiding missing the opportunity to leave would lead to a deeper probability of being trapped. After leaving, without any orders, my mind would be clearer and I would be able to analyze the market more rationally. Even if I re-enter the market in the same direction again, it would be a new order, The mindset will be clearer and not dominated by the mentality of having to unravel, which is a summary of failed orders.

In addition, I have indeed had many short-term to mid-term, and even longer-term transactions in the past, but the delivery order for this account has not yet been reflected. In the next half of the year, it is likely that if the market starts to rise driven by the focus I have observed, I should experience this situation again. Generally speaking, after you have the plan to do above the mid-term, when the price reaches the entry time, you will enter the market in batches and gradually reduce your position before a certain resistance level. However, you need to keep at least one bottom order, and then see the breakthrough situation. If the breakthrough is successful, you will increase your position again. If you cannot break through, you can still profit and take profits. Everything can be adjusted flexibly based on the current market trend. As for whether it is the band or the trend size after the trend change, it depends on the driving focus at that time and the trend of the market at that time as the benchmark. Currently, there is no statement of this argument.

 

Q：Many people can't bear profit-taking or floating losses when the market fluctuates and withdraw quickly. In this case, how do you think traders should improve their position determination?

RANPO：Analyze the market in detail and make several alternative plans. For example, before trading an instrument, try not to just be bullish or bearish, but to achieve as detailed alternative plans as possible, such as when to reduce your position when bullish, and when to increase your position. If it falls, at what price is a complete change, and whether there is an opportunity for you to leave the market before the change? We know that there will not be an absolute trend in the market, and what we trade is the expectation with a higher probability. If we take into account the events that may occur with a lower probability, we have a clear understanding and thus increase our holding power.

 

Q: Increasing positions in the trend is the most difficult point of profit growth. How do you choose the time to increase positions?

RANPO: This requires a certain level of analytical ability to decide. It is best not to rush to increase positions after breaking through within the day, but to wait for at least one T+1 cycle to be confirmed before increasing positions. Adding positions after each order is separated by a price range of at least one more interval will make it clearer and more clear to hold. It is also possible to increase positions with very clear signals during the day, but the position should be reduced to avoid the psychological burden of increasing doubts after the daily volatility is in place.

 

Q: From your participating account, we find that you have handled instrument selection and closing positions very beautifully and with great characteristics. Can you share your experience of closing positions with us?

RANPO：The recent market situation is indeed suitable for the execution strategy of a fluctuation system that I have developed, so orders seem to have advantages. Regarding the variety, I am just getting older and lazy now, and can't stay up late. If I focus on a few instruments, I can focus on them. Therefore, many orders profit before the day off. In fact, the price is not perfect, but it seems that the profit is still considerable because they make profits in a timely manner. In other words, when your system is particularly suitable for a certain market segment, its trading performance will be very impressive, but this is not absolute. You need to be vigilant about the pullback period in your future trading cycle.

 

【Competition Experience】

Q：Do you pay attention to any contestants in the competition? Will the excellent performance of other contestants stimulate your desire for profit?

RANPO：Sometimes when there are introductions on the homepage, I will go in and learn from others' excellent execution plans, but it does not stimulate my desire to make profits compared to others. After all, my understanding of this market determines my ability to profit from it, and I also want to make what others cannot. Therefore, excessive greed often comes with more than it costs, which may also be related to age or my past trading experience, I am no longer as passionate about winning or losing as I was when I was young.

 

Q：In competitions, there will always be a myth of creating tens or even hundreds of times the wealth in a short period of time! And in normal trading, these trading experts cannot maintain such a good level. Do you think this is normal? Why?

RANPO：This phenomenon is actually very normal. For example, if the recent market is more compatible with my shock system, the profit will be considerable, but it is difficult to maintain it in an all-around way. A person's energy is also limited, highly concentrated, and highly matched with the current market. The system can create myths, but the market is volatile, and the human spirit is also cyclical. Once the market trend does not match your system, there will be a withdrawal. I also have many such withdrawal periods. , so everyone will find that many trading curves are also wavy. It is difficult to achieve a mixed trading system that can do both shocks and trends. I don’t deny that there are such rare people, but I am not myself, so I can’t comment. I just think that if it is professional trading, it is for long-term survival like a birthday star, rather than creating a mythical flash in the pan in the short term. As for the heavy position trading that uses liquidation as a stop loss, I have not studied it in depth and it is inconvenient to comment.

 

Q：Have you participated in such a real competition before? What experiences can I share with everyone? What grades have you considered achieving in S12?

RANPO：Yes, I have participated in the derivatives trading competition of Futures Daily before, and my best result was ranked fourth. At that time, I had a strong sense of victory. I found out that I was less than a percentage point away from third place, and then I took a heavy position to operate an order because I felt that if I could at least reach the top three, this qualification would be very fulfilling. However, that strategy was unsuccessful, and then I fell to the tenth place. At that time, I felt ashamed of my mentality, I also lost confidence and felt that the probability of returning to fourth place was not high, so I withdrew my account.

When I went to Hong Kong to participate in a forum, many professional seniors who knew about me personally enlightened me and helped me rebuild my confidence. I am also very grateful to all the good teachers and friends who have helped me in my career! Perhaps it is because of this experience, under different leverage conditions on each platform, fairness cannot be perfectly reflected. Therefore, I did not particularly expect to achieve any results in this year's competition. The key is to participate, as long as the overall profit of the account is growing, I feel satisfied. After all, the career path is long and long, and I do not need someone who is not elite to create myths, so it's good to take everything with a normal mindset. Finally, I wish everyone a smooth transaction! May every practitioner gain abundant profits in this market and continue happily!