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Trader Eugene: The market trend in September is still unclear, and I tend to be bullish in the long term

Trader Eugene: The market trend in September is still unclear, and I tend to be bullish in the long term

Bitget2024/08/27 15:39

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 $50,000, but was stopped out again. The overall loss was 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, buying at $141 and selling at $157, making a profit of $300 I lost $10,000 and then went back to closing positions. The market moves this month were very fast and the execution precision required was very high, and my performance did not meet expectations. Nevertheless, I will still use the same strategy of going long before the market turns, because the reward of being right is much greater than the risk of being wrong. The market in September looks unclear and there is no long-term bias for September. ”

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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