Continuous Tracking of the Square's Lead Trader - Supplement 1

Since we already know that the lead trader's operations have transformed, why not cut losses and exit in a timely manner? Yesterday's pullback was 13%, today's pullback is 12%, totaling a 25% pullback. If you could have retreated in time yesterday, then there wouldn't have been more losses. Don't delude yourself into thinking you can recover; that's fundamentally unwise.

I tend to speak quite directly. The "order-mania" trader is burdened with a lot of debt, and I do feel sorry for him. However, criticism must be given when necessary. Holding positions is not advisable; transformed operations should not be followed. I hope he can learn from this lesson again. Since it's a small position for quick trades, you shouldn't suddenly go for a large position. Your principal is small, and the total amount from the followers is over 40 times yours. If you lead them correctly, you'll earn a high share of the profits, but if you lead them incorrectly, your losses are minimal. However, what about those who trust you as their lead trader? Their losses could be significant.