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There are no eternal undefeated generals.
My journey as a PM has ultimately experienced profit retracement.
The highest floating profit was 5X, with a $100 principal generating over $400 in profit. Recently, it has retraced by half.
Yesterday, I withdrew the $100 principal and continued to roll with the profits to avoid going to zero.
Still, the same old saying applies: predicting alpha opportunities in the market is far more abundant than in the secondary market!
For example, if you are optimistic today that $BTC will rebound to over 90k, you don't necessarily have to go long with futures. Instead, you can buy "yes" on the prediction market for the day's Bitcoin price forecast at 88K/90K to go long.
Of course, buying "yes" at 88K is relatively safer because the current Bitcoin price is already above 88K.
It's like a call option with a strike price lower than the underlying asset price, which provides a safety margin and is less likely to go to zero—unless, at expiration, the strike price of the call option exceeds the underlying price, then it would go to zero.