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Trader Eugene: At present, we do not chase longs, and prioritize optimizing the entry point rather than the position size
Odaily Planet Daily News Well-known trader Eugene posted on the social platform that in the current market environment, it is not appropriate to blindly chase long, but should give priority to optimizing the entry point, rather than simply expanding the size of the position. He pointed out that in the current market, it is more prudent to have high-quality entry points and account for 20% of the total position, and it is safer to enter the heavy position but be washed by the shock market due to the sub-optimal entry point. Eugene emphasises that precise entry points are key to reduce the risk of market volatility.