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The trading secret of kela-leo: Profit is important, lower risk is more important!

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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.

Altcoins

XNO Token of Xeno NFT Hub listed on Bithumb Korea Exchange

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Hong Kong, Hong Kong, 25th January, 2021, // ChainWire //

Xeno Holdings Limited (xno.live ), a blockchain solutions company based in Hong Kong, has announced the listing of its ecosystem utility token XNO on the ‘Bithumb Korea’ cryptocurrency exchange on January 21st 2021.

Xeno NFT Hub (market.xno.live ), developed by Xeno Holdings, enables easy minting of digital items into NFTs while also providing a marketplace where anyone can securely trade NFTs.

The Xeno NFT Hub project team includes former members of the technology project Yosemite X based in San Francisco and professionals such as Gabby Dizon who is a games industry expert and NFT space influencer based in Southeast Asia.

NFT(Non-Fungible Token) technology has recently gained huge focus in the blockchain arena and beyond, making waves in the online gaming sector, the art world, and the digital copyrights industry in recent years. The strongest feature of NFTs is that “NFTs are unique digital assets that cannot be replaced or forged”. Unlike fungible tokens such as Bitcoin or Ether, NFTs are not interchangeable for other tokens of the same type but instead each NFT has a unique value and specific information that cannot be replaced. This fact makes NFTs the perfect solution to record and prove ownership of digital and real-world items like works of art, game items, limited-edition collectibles, and more. One of the ways to have a successful…

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Altcoins

XENO starts VIP NFT trading service and collaborates with contemporary artist Hiro Yamagata

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Hong Kong, Hong Kong, 24th December, 2020, // ChainWire //

The XENO NFT Hub (https://xno.live) will provide a crypto-powered digital items and collectables trading platform allowing users to create, buy, and sell NFTs. Additionally it will support auction based listings, governance and voting mechanisms, trade history tracking, user rating and other advanced features.

As a first step towards its fully comprehensive service, XENO NFT Hub launched a recent VIP service to select users and early adopters in December 2020 with plans for a full Public Beta to open in June 2021. 

“NFTs are extremely flexible in their usage, from digital event tickets to artwork, and while NFTs have a very wide spectrum of uses and categories XENO will initially focus its partnership efforts and its own item curation on three primary areas: gaming, sports & entertainment, and collectibles.”, said XENO NFT Hub president Anthony Di Franco.

He also added “This does not mean we will prohibit other types of NFTs from our ecosystem However, it simply means that XENO’s efforts as a company will be targeted into these verticals initially as a cohesive business approach.”

Development and Procurement Lead, Gabby Dizon explained, “Despite our initial focus, we found ourselves with a unique opportunity to host some of the works of Mr. Hiro Yamagata. We are collaborating with Japanese artist Hiro Yamagata to enshrine some of his artwork into NFTs.”

Mr. Yamagata has…

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Altcoins

My Crypto Heroes Announces Issuance of MCH Governance Token

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Tokyo, Japan, 24th November, 2020, // ChainWire //

My Crypto Heroes is happy to announce the issuance of MCH Coin as an incentive to players in the My Crypto Heroes ecosystem, aiming to allow them to craft a “User-oriented world”. The MCH coin is available on Uniswap with a newly created pool with ETH. 

My Crypto Heroes is a blockchain-based game for PC and Mobile. It allows users to collect historic heroes and raise them for battle in a Crypto World. Officially released on November 30th, 2018, MCH has recorded the most transactions and daily active users than any other blockchain game in the world.

What is MCH Coin?

MCH Coin is being issued as an ERC-20 Standard Governance Token. The issuance began on November 9th, 2020, with 50 million tokens issued.

Of the funds issued, 40% are allocated to a pay for on-going development and as rewards for advisors and early investors. 10% are allocated to marketing and the growth of the ecosystem, and 50% are allocated to the community. The Distribution Ratio of the MCH Coin is subject to change via a governance decision.

The MCH coin will be used as a voting right as part of the ecosystem’s governance, with 1 coin being 1 vote. It will also be used for in-game utilities and payments. Additional information can be found here:

https://medium.com/mycryptoheroes/new-ecosystem-with-mchcoin-en-a6a82494894f

During December 2020 the first…

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