"A Trader's Diary of 12 Months: I Multiplied 10,000 U.S. Dollars from 400 U.S. Dollars" tells a true legend of wealth creation that happened on Wall Street: how the author started from scratch. The author started from a poor fishing village. After graduating from a British university with a full scholarship through hard work, he came to New York with $400 withdrawn from his credit card. He had no friends, no place to live, and no job! After many setbacks, he started a 12-month foreign exchange trading journey and created a miracle of multiplying 9997.5 times with only 400 US dollars. "A Trader's Diary of 12 Months: I Turned 400 US Dollars Ten Thousand Times" is appended with some of the author's real trading record certificates and golden rules, including live trading results at foreign exchange forums in the past 10 years and trading results before and after the financial crisis. .

1. A trader is a person who operates other people’s assets. Traders mainly serve large investors (investment institutions). They are often traders and have a good grasp of the market. They can grasp the timing of opening and closing positions according to customer requirements, master the skills of establishing and selling chips, and use They have the advantage of capital to control the development of the market to a certain extent. They can detect every subtle change on the market, thereby reducing the occurrence of risks. Trader is a new word. It entered Chinese people's life with the opening of the stock market. Its birth marked changes in China's economy.

2. Traders are not speculators. They do not speculate, because the main funds do not need to speculate. What they do is the trend. Their purpose is to control the market rather than rely on tiny spreads to accumulate profits. . From an ordinary futures investor to an excellent trader, just like from a soldier to a general, in addition to withstanding the test of time, there are two basic premises:

(1) Based on this He has suffered many setbacks in his career, but he still remains obsessed with trading. He always fights after defeats. Traders are professional traders, not hobbyists. Professional and amateur are not the same thing. To be successful in any industry, liking the industry and dedicating yourself to it are essential conditions.

(2) Admit mistakes and refuse to admit defeat, learn with an open mind, and seriously summarize and reflect. This is the characteristic of a good trader. Be confident but not arrogant, have a free spirit but obey discipline, be full of awe of the market, listen to the call of the market anytime and anywhere, never make irresponsible remarks on the market, and imagine that the market will obey your wishes.