Trader Eugene Ng Ah Sio Reflects On December Trading Performance
According to Odaily, renowned trader Eugene Ng Ah Sio shared insights into his December trading activities on platform X. Eugene reported executing 47 trades with a success rate of 72% for the month. His largest losses were incurred from long positions in SOL, resulting in a 10.2% loss amounting to $6.5 million, and DOGE, with a 7.5% loss totaling $3.3 million. Profits were primarily generated from short-term trades in ETH and BTC, as well as long positions in altcoins and meme coins like ENA and PEPE. Eugene concluded by noting that he achieved profitability in 11 months of 2024 and anticipates a strong performance from certain altcoins in January, particularly ETH and related beta options, for which he is prepared.