The China Post
Date: July 23, 2017
By: The China Post with Business Today
This trader kept going even after losing every penny he had — eight times
TAIPEI, Taiwan — He came to Taipei alone at 17. He later started with futures trading, and at his peak held about 5 percent of all yen futures on the global market.
His name is Huang Yi-hsiung.
“Don’t deify me, please. Don’t mislead the readers and make them think it’s easy to make money in the financial market. In my experience, only two in every 10,000 can really profit from futures trading. The other 9,998 are all losing money. These are the real statistics,” Huang says
“What most people don’t know is that I’ve had my bank account wiped out eight times in my life.”
It is after recalling these devastating lows that Huang gives his first pertinent advice of the interview: “There is no shortcut… [FULL STORY]