These past two days, “new narratives” have been flooding the screens again—seriously, attention is the most expensive fuel... My current self-rescue method is pretty simple: first ask yourself, “Am I thinking of buying only because everyone else is talking about it?” If yes, then turn off the candlestick chart and go do something else; at least wait until a 4-hour candle fully closes. Either way, I’ve found that many of my losing trades aren’t because I got the direction wrong—they’re because I got carried away by the rhythm.

And then there’s position layering: for the hot spots, I only allocate the “layer I can afford to lose.” As for the rest, I use perpetuals/options to hedge the tail ends—nothing to chase big profits, mainly just to stop myself from getting itchy and chasing highs. Recently, in some areas, the tax situation and the compliance atmosphere have been swinging between strict and relaxed; once the expectations for deposits and withdrawals change, everyone’s emotions start jumping around too... So I definitely don’t want to be the emotional bagholder. Live first, and then slowly pick up the bargains.