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The Trading Secret of kela-leo: Profit is Important, Lower Risk is More Important!

Bitcoinist

Bitcoinist | Jan 29, 2019 | 23:00

Sponsored Article

The Trading Secret of kela-leo: Profit is Important, Lower Risk is More Important!

Bitcoinist

Bitcoinist | Jan 29, 2019 | 23:00


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kela-leo is a Chinese Popular Investor who was featured on ‘Editor’s Choice’. He says: “During my trading journey, I found that strict risk management is the premise of long-term trading. Based on this knowledge, by combining strategic models and economic policy trend analysis, we can bring in an ideal profit.” Here is an interview we held with him.

76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Past performance is not an indication of future results. This is not investment advice. 


Tell us a little bit about yourself.

My name is Lingxia Cao, I am 31 years old. I have 2 babies and a wonderful wife. They all support me to trade on eToro.

Did you have previous experience with financial investments before joining eToro?

Yes, in the past I had experience in investing options in Manhattan, America. I started to deal in currency futures from 2007, but at that time China didn’t have currency margin trading yet.

What is your type of trading strategy?

My trading model prefers value investment to judge according to the analysis of economic fundamentals and policy, and thus, I combine some tools like price status to set positions. Middle-long term investments are the main ratio. The risk management of each trade is what I pay attention to.

What is it focused on?

Product, strategy, and risk management are the three units that I use to find suitable objects and set stop loss/profit during the trading. The products I trade in are extensive and include GBP, USD, Gold and some other commodities. Gold is my favorite to disperse risk.

What are the benefits of being a Popular Investor?

For me, if I can share good products with professional investors, finalise resource sharing, and become recognised by other investors, then this is the most valuable asset, and also my power to be a popular investor.

What is your long-term goal?

To summarise in one sentence: to gain as much profit as possible based on the lowest risk. For the long term, I wish to control my risk score below 4, and maintain more than a 20% yearly profit. I personally prefer long-term stable strategy.

Do you have any advice for your copiers/users considering copying you?

I hope everyone can have a stable investment period. I have calculated the data of who follows and who stops following me, and some of them only copy me for a short time, for one or two days. This is a high risk, because the market changes every day, and you cannot see a reasonable return in one or two days. The best investment period is one year, at least three months. I suggest investing more than $500.

What are your hobbies?

In daily life, the thing I like most is reading. Besides that, I will try mountaineering, sailing and other outdoor sports. But I don’t like difficult sports like surfing.


76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Past performance is not an indication of future results. This is not investment advice.

This article has been provided by eToro, one of Bitcoinist’s premium partners.

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