ChainCatcher news, trader Eugene Ng Ah Sio posted on the social platform: "At the beginning of this month, due to the sharp fluctuations of Bitcoin falling to $50,000, I was immediately stopped out. My stop loss point was set above $60,000. After that, I tried a long order at the $50,000 position, but was stopped out again. The overall loss is controllable.
Later, I successfully caught the bottom on SOL and ETH, and after a stop loss, I got a return of about 10%. On August 8, I successfully made a large SOL long order, bought at $141 and sold at $157, making a profit of $3 million, and then returned to the closing position. The market fluctuations this month were very fast, and the execution precision required was very high, and my performance did not meet expectations. Despite this, I will still use the same strategy, that is, long operations before the market turns, because the rewards of being right are far greater than the risks of being wrong. The market in September looks unclear, and there is no long-term bias for September. ”
