My recent feeling is: I can't hold onto spot positions, and I always want to "try my luck" with futures, ultimately either getting shaken out or forced liquidated... To put it plainly, position management is just one thing: cut off the part that will die. Only positions that allow me to sleep well are suitable for the long term; the rest, consider it ticket money. Write down in advance the maximum loss you can accept, and when reached, admit defeat and close it. Don't try to justify it to yourself.

Now everyone is interpreting ETF fund flows, US stock risk appetite, and crypto price movements together, which can really get your emotions involved if you watch too much. My approach is even more simple: split the position into smaller parts, buy and sell in several rounds. Better to earn less than to go all-in once and bet your life on macro news... Anyway, I can't handle the stress.