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Yi Li Hua: The core of trading is not about being correct every time, but about being prepared with risk control.
Mars Finance News, April 14 — Yi Lihua, founder of Liquid Capital (formerly LD Capital), stated, “Investing and trading are not 100% correct; otherwise, you’d quickly become the world’s richest person. Over the past year, Liquid Capital called the bottom at ETH around $1,450, held on through the black swan event at over $2,000, then escaped the top at $4,500 before hitting $1,011, failed to bottom at $3,000, and this time, held the bottom below $2,000 — that’s four correct calls and one mistake. The core of trading isn’t about being right every time, but about having good risk management and strategies to handle various possible scenarios.”