Zhou Ji Cheng (@fcqxzjc) is a Popular Investor from China who has been with eToro since late 2017. Zhou focuses on trading commodities, since he is familiar with the precious metals market, as well as with other types of assets in this category.
Zhou was an architectural design major, who decided to pursue his passion for finance early on in his career. In 2018, his first full year of trading on eToro, Zhou managed to make returns of over 50 percent. Zhou now has over 17,000 followers and 1,300 copiers with assets under management of between $300 thousand and $1 million.
We asked Zhou a few questions about his experience with eToro and the strategy that has enabled him to become one of the most prominent Popular Investors on the platform.
75% 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.
- Tell us a little about yourself. What do you do for a living? For fun?
I am a member of the trial and error trading team in a Chinese securities company. I work in commodity futures trading. In my job, I am mainly responsible for data research and analysis of the commodity industry chain. Our data is mainly for traders. I like to travel and play games in my spare time. I especially like competitive shooting games.
- How do you research the instruments in which you invest?
In the course of trading in the financial markets, the data sources I use mainly come from Win.D, Mysteel, ICCsino, combined with policy trends that allow me to make a comprehensive judgment of the transaction.
- Did you have previous experience with financial investments before joining eToro? How did you get interested in trading?
My major in college was architectural design. But because of my love for finance, I was doing foreign exchange and spot trading throughout my college years. After graduation, I was recruited into a construction company, but resigned after two years to pursue my passion for finance. I now have 8 years of trading experience.
- Do you have any specific profit goals for this year? How do you plan to achieve them?
My annual income target is to exceed 15% while keeping my risk rate to under 5. I plan to achieve this by mainly trading bulk commodities.
- How has eToro changed the way you trade?
I see eToro as a sharing platform as well as an instant investment platform that allows more people to understand and share good trading patterns. eToro has greatly expanded my trading range and exposed me to new asset classes on which to trade, while allowing me to learn more about trading and investing in due process.
- What type of trading strategy do you have and on what is it focused?
Regarding my trading strategy, I am a trader who mainly studies macroeconomics and supplements it with technical analysis. In the macro, I mainly make large trend judgments based on inventory, terminal demand and supply analysis, combining short-term funds, predicting the direction of the policy, and using the price difference resonance to obtain short-term trading strategies for trading.
- How does it feel to be a Popular Investor and to know that people trust you to invest on their behalf?
Since I started trading on eToro in 2017, I have moved from a high-risk trading method to a low-risk, stable and profitable trading model. I am very happy to have so many friends agree with my trading logic and trading strategy.
- Is there anything else that you would like to add?
eToro has gradually become a part of my life. At present, I sleep about 4 hours a day. I often stay up late trading, because I am so passionate about it. To the friends who copy me, and to whom I feel a responsibility, I would like to say that I will, as always, maintain the characteristics of my trading, my independence and my forward thinking .
75% 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.