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Top trader Eugene: Most positions have been cleared and are waiting for market leverage to be cleaned

2024-09-28 09:49
Odaily News Top trader Eugene Ng Ah Sio released a summary of his trading in September. He said, "In August, we experienced a volatile market after a false breakout, which reduced trading volume. In addition to doing some short-term operations of SOL, we achieved very small percentage gains. In terms of asset selection, I almost accurately identified every asset that performed well, but there were big problems in position management. The biggest misses this month include SUI, PEPE and ENA, although I discovered them at the beginning of the market pattern change and traded these targets before. Overall, I am quite satisfied with my trading performance this month. I was able to stay ahead of the market through focus and perseverance, and stick to the original plan to determine the stop-profit level. I have now mostly liquidated my positions, but am waiting for the leverage cleanup in the market, which I believe will appear with considerable certainty."