Eugene Ng Ah Sio, a well-known trader, shares insights on his trading performance in September and his cautious outlook moving forward.
On September 28, BlockBeats reported that top trader Eugene Ng Ah Sio released a summary of his trading activities for September. Reflecting on recent market conditions, Eugene noted that August was marked by high volatility following a false breakout, which caused a drop in trading volume. Despite this, he managed to make small percentage gains through short-term trades, particularly in SOL.
Eugene highlighted that he successfully identified high-performing assets but faced challenges with position management. He cited SUI, PEPE, and ENA as his biggest misses, even though he had recognized their potential early and traded them during market shifts. Despite these setbacks, he expressed satisfaction with his overall performance, emphasizing his focus, persistence, and adherence to his trading strategy, particularly in setting take profit levels.
Currently, Eugene has mostly cleared his positions and is waiting for market leverage to be flushed out. He believes this reset is necessary and expects it to happen with a fair degree of certainty, preparing him for future opportunities once the market stabilizes.
Eugene’s experience underscores the importance of disciplined trading, market awareness, and the challenges of managing positions in a volatile environment.
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