BlockBeats news, December 30, top trader Eugene posted a December trading summary on his social media platform stating, "This month, the number of trades reached 47, with a win rate of 72%. The performance this month can be mainly attributed to two points: position size control and reducing unnecessary mistakes. December experienced the largest two drawdowns so far, with a loss of $3.3 million (-7.5%) on DOGE long positions and a loss of $6.5 million (-10.2%) on SOL long positions. This month's main profits came from short-term trading of ETH and BTC, as well as some successful long positions in small altcoins, including ENA, PEPE, and other meme coins. In uncertain trading conditions, it is necessary to reduce the position size of short-term trades in highly volatile assets.
Summary for 2024: This year, I have achieved profitability for 11 months and maintained good stability over different time periods. I expect January to be a good trading opportunity for some quality altcoins, and I have also positioned myself for "ETH and its related beta coins."
