You can’t hold spot positions, and with contracts you get liquidated. Put simply, it’s not that you “don’t understand”—it’s that your position is too big, and your emotions automatically take over the keyboard. Here’s my plain-language version: treat this money as if it’s already gone, then decide how much you can afford to put on; if you can’t even sleep after a loss, then don’t touch leverage—or treat leverage like a snack: good for satisfying a craving, but don’t make it your staple.

Recently, someone else has been using ETF fund flows and U.S. stocks’ risk appetite to explain every rise and fall. It sounds smooth, but when your position is big, even if you’re right on direction, volatility can still shake you out… Think about it: the market doesn’t owe you a straight line, and squeezers don’t owe you an opportunity to “get back to breakeven.” Either way, I’ve only got two modes right now: a small long-term position that I hold patiently and do nothing, and a small trading position with a stop-loss set—then the rest of the time, I go drink tea. Don’t add extra drama to yourself.