In a recent update on his social platform, top trader Eugene shared a summary of his December transactions, highlighting a winning rate of 72% despite encountering significant market retracements. Eugene attributed his success to effective position size control and minimizing unnecessary errors.
December Performance Breakdown
Eugene reported 47 transactions in December, with notable losses in DOGE and SOL long orders, totaling $3.3 million and $650,000, respectively. However, he offset these losses with profitable short-term trades in ETH and BTC, as well as successful long orders in smaller altcoins like ENA and PEPE.
Key Takeaways and 2024 Outlook
Eugene emphasized the importance of reducing position sizes in highly volatile markets. Looking ahead to 2024, he expressed optimism about trading opportunities for high-quality altcoins in January. Eugene also revealed plans to focus on “ETH and related beta coins” in his future trades.
2024 Performance Summary
Eugene reported achieving profitability in 11 months of 2024, demonstrating stability across different time periods. His reflections offer valuable insights into the strategies and mindset of a successful trader in uncertain markets.
Source: M.theblockbeats.info
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