I’ve noticed that a lot of people (including me) can’t hold their spot positions, and on futures they end up getting liquidated—plainly speaking, it’s not that they can’t read charts; it’s that the position size shoves all reason right out of their brain. Here’s some straight talk for yourself: positions you can sleep through are real positions; if you can’t sleep, that’s called gambling. For spot, just treat it like saving money—don’t think, “It just went up, I’ll sell first and wait for a pullback,” because when you turn back, it usually turns into chasing the price and slapping yourself in the face. Futures are even simpler: before you open, write down in advance “the maximum loss I’m willing to take,” and don’t let liquidation do your stop-loss for you.

Recently I’ve been trying to decode ETF capital flows, US stock risk appetite, and the crypto market’s rise-and-fall by force—like bolting them together and reading them as one. I’m watching it and just want to laugh: the narrative is fine to listen to, but don’t hand your leverage to someone else’s PPT. Anyway, I’ve got it split into two buckets right now: one for long-term grinding slowly, and one for short-term trades where losses are tolerable—don’t cross-talk between them. We’ll chat again next time