【Trader Eugene: Recent Long Position on SOL Resulted in Losses, Key Mistakes Were Failure to Cut Losses Decisively and Overleveraging】Golden Finance reports that trader Eugene Ng Ah Sio shares his recent trading summary, revealing significant losses incurred while going long on SOL. After making a profit on BTC, Eugene shifted to long positions on SOL and its ecosystem, originally setting a moderate risk-reward ratio. However, the price of SOL did not rise as expected, and Eugene failed to cut losses in time, increasing his position when SOL dropped to $200, ultimately resulting in a loss of $6.2 million, approximately 10.2% of his total account. He reflects that the key mistakes leading to the losses were the failure to decisively cut losses and overleveraging. Fortunately, he ultimately managed to recover the losses through a series of profitable trades and emphasized the importance of avoiding sunk cost thinking.