Last night, I saw in the group chat that people were arguing whether the extreme funding rate will reverse or continue to inflate the bubble. I was watching and itching to post a meme, but just as I was about to place the order, I remembered my crappy nickname... Lemon-flavored stop-loss isn't called that for nothing. The excitement is really lively, and the narrative is quite appealing, but I tend to take the "story" as the "bottom" when I get carried away, then get educated by the market.

To put it simply, I just see memes as fireworks: you can participate, but don’t fall in love. My stop-loss method is pretty crude — I first decide “how much I’m willing to pay for this emotion,” and when it hits the line, I cut it, don’t try to justify it; the more outrageous the funding rate, the more stingy I should be with my stop-loss, and don’t pretend to be a hero with my position. Making money is luck, losing is just waking up, anyway I don’t expect to win every time.