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Yi Li Hua: The core of trading is not about being right every time, but about being prepared with risk control.
ME News Report, April 14 (UTC+8), Liquid Capital (formerly LD Capital) founder Yi Lihua posted on social media that there is no 100% correct investment and trading, otherwise they would quickly become the world’s richest person. Over the past year, from calling ETH’s bottom at $1,450 and holding on until over $2,000 to withstand black swan events, then to escaping the top at $4,500 before $1,011, failing to bottom at $3,000, and finally to this time, holding the bottom below $2,000—even if they were right 4 times and wrong once, problems can arise. The core of trading is not about being right every time, but about being prepared with risk management strategies to handle various possible situations. (Source: ChainCatcher)