Trader Eugene: Most positions have been cleared, waiting for the market leverage to be cleaned up

ChainCatcher message, trader Eugene Ng Ah Sio released the September phase trading summary, stating: "After experiencing a false breakout in August, the market entered a volatile phase, which reduced trading volume. Apart from making some short-term trades in SOL, I achieved very small percentage gains.

In terms of asset selection, I almost accurately identified every outstanding asset, but I had significant issues with position management. The biggest misses this month include SUI, PEPE, and ENA, even though I had identified them early in the market shift and had traded these assets before.

Overall, I am quite satisfied with my trading performance this month, as I was able to stay ahead of the market through focus and perseverance, and I adhered to my original plan to determine profit-taking levels. I have mostly cleared my positions now, but I am waiting for the market's leverage washout, which I believe will occur with considerable certainty."