#市场情绪与波动 The net selling pressure data for the European session in November is worth pondering. A monthly fall of 20-25% is dominated by European funds, while the Asia and America regions are basically flat. What does this indicate? It indicates that this wave of selling pressure is not a global consensus, but rather a regional emotional loss of control.

The implications for the copy trading strategy are quite direct - the performance of traders varies significantly across different time zones. Recently, I adjusted the time zone allocation weights in my copy trading portfolio, reducing the proportion of purely European session traders and increasing those who can execute trades steadily across different time zones. The reason is simple: volatility dominated by a single time zone is prone to creating emotional traps, and experts in chasing highs and cutting losses often fail in such situations.

On the contrary, those traders who are disciplined and have a stop-loss awareness tend to survive longer in volatility. The price movement in November is essentially characterized by continued range fluctuations, which is a good time to test the risk control ability of the trading targets. Watching how they manage drawdowns under net selling pressure during the European session is much more reliable than looking at the performance of price increases. Practical experience tells me that only those who can preserve their principal in such a differentiated market are worth following in the long term.