Trader Eugene: In December, faced the largest two drawdowns so far, has positioned in ETH and its related Beta coins

2024-12-30 14:47:34
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ChainCatcher message, trader Eugene posted a December trading summary on his social platform stating: "This month, the number of trades reached 47, with a win rate of 72%. The performance this month can be attributed to two main points: position size control and reducing unnecessary mistakes. December encountered the largest two drawdowns to date, with a loss of 3.3 million USD (-7.5%) on DOGE long positions and a loss of 6.5 million USD (-10.2%) on SOL long positions. The main profits this month came from short-term trades in ETH and BTC, as well as successful long positions in some small altcoins, including ENA, PEPE, and other meme coins. In unclear market conditions, it is necessary to reduce the position size for short-term trades in highly volatile assets.

In summary for 2024, I have achieved profits in 11 months this year and maintained good stability over different periods. I expect January to be a good trading opportunity for some quality altcoins, and I have already positioned myself in ETH and its related beta coins."

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