CoinVoice recently learned that 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 attributed to two main points: position size control and reducing unnecessary mistakes. December experienced the largest two drawdowns to date, 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. The main profits this month came from short-term trades of 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 of short-term trades in highly volatile varieties.
Summary of 2024, this year I have achieved profitability for 11 months and maintained good stability at different time periods. I expect January to be a good trading opportunity for some quality altcoins, and I have already positioned myself with ETH and its related beta coins.” [Original link]
