Trader Eugene: James Wynn's High-Leverage Public Positioning Often Does More Harm Than Good

Top trader Eugene Ng Ah Sio stated in his personal channel that James Wynn is willing to open large positions in public, which is quite interesting. Based on experience, this is almost always a bad idea, as its negative externalities often outweigh the positive impact. How he manages such large positions in the long term and uses 10-20x leverage will be a point worth observing.