Trader Eugene: Don’t chase longs at the moment, prioritize optimizing entry points rather than position size

Odaily News Well-known trader Eugene posted on the social platform that in the current market environment it is not advisable to blindly chase longs, but rather priority should be given to optimizing entry points rather than simply expanding the size of positions.
He pointed out that in the current market, it is safer to have a high-quality entry point and account for 20% of the total position than to enter the market with a large position but be washed out by the volatile market due to a suboptimal entry point. Eugene emphasized that accurate entry points are the key to reduce the risks brought by market fluctuations.