Top trader Eugene: Controlling profit drawdowns during period transitions is still worthwhile in advance planning.

BlockBeats news, on December 18th, top trader Eugene Ng Ah Sio stated in a post that making money in the crypto market is one thing, but holding onto profits is another. When planning your exit strategy for a cycle, the goal is to minimize the drawdown from the peak after the cycle transition. For those who claim to consistently profit in both bull runs and bear markets, I can only wish you luck, as it means you have to become one of the top 0.01% traders in the world. Here are the indicators I use to measure investment performance - drawdown percentage from the new high point of net worth: 0-20%: Your defensive performance is excellent, but you may sacrifice pump opportunities; 20-30%: Good execution, able to exit promptly when seeing market reversal signals without significant losses; 30-50%: Performance is decent, although not the best, ideally you should have gained good profits; 50-75%: You hold onto holdings for too long and fail to identify key turning points at the end of the cycle; 75%: Serious mistakes have been made somewhere, and you need to comprehensively evaluate whether trading should be done. Interestingly, you will never truly know the actual drawdown until the next cycle begins, but the plan is still worthwhile regardless.