Yi Lihua said in a post on X that choppy market conditions are wearing down both long and short traders, making discipline more important. He said traders need to curb greed and keep trading frequency under control during this kind of price action. In his view, pullbacks in a bull market should not be treated as shorting opportunities, and focusing on setups with higher certainty is enough to meet annual trading goals. He also pointed to the approaching midterm election as a source of larger volatility. According to his post, Donald Trump is in an unfavorable position, and the market could see bigger swings whether he loses one seat or two.
Odaily reported that Yi Lihua said in a post on X that both long and short trades face friction and problems in a choppy market, and traders need to curb greed and control how often they trade.
He said that in a bull-market trend, pullbacks should not be shorted, and that sticking to higher-conviction opportunities is enough to achieve annual goals.
On the approaching midterm election, Yi said Donald Trump is facing an unfavorable situation, and that the market will see larger volatility whether one seat or two are lost.
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