ME News reports that on April 14 (UTC+8), Yi Lihua, founder of Liquid Capital (formerly LD Capital), tweeted that there is no 100% correct way to invest or trade, otherwise one would quickly become the world’s richest person. Over the past year, from calling the bottom at $1,450 for ETH, holding through the black swan event until it reached over $2,000, exiting at $4,500 before the drop to $1,011, failing to buy the dip at $3,000, to now persistently buying below $2,000—even with four correct calls, just one mistake can cause problems. The core of trading is not about being right every time, but about preparing proper risk management and strategies for all possible scenarios. (Source: ChainCatcher)
Yi Lihua Emphasizes Risk Management Over Perfect Trading
KuCoinFlashShare
Summary
On April 14, Yi Lihua of Liquid Capital, citing MetaEra, emphasized the importance of risk management over perfect trading. He argued that consistent success isn’t about being right all the time, but about implementing effective risk control strategies. Even with four winning trades and one mistake, losses can still occur. He urged traders to prioritize portfolio management and prepare for multiple scenarios, stating that contingency plans are essential for long-term stability.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.