I recently realized that I clearly see the right direction, but as soon as I get a temporary floating loss, I start to mentally rehearse "Should I cut my losses?" "Will it go to zero directly?" I toss and turn all night; however, when I have a floating profit, I don't get as excited, at most I glance at it a couple of times and then forget about it. To put it simply, the pain of losing money is stereo sound, while the thrill of making money is like mono, with a bit of "Isn't this what should be?" arrogance.

Especially when encountering situations where mainstream public chains are upgrading/maintaining, and everyone in the group is guessing whether the ecosystem will migrate, I tend to get influenced by the market: afraid of black swan events, afraid of liquidity being drained, afraid of not having exited early. Then I become even more eager to "quickly get rid of the losses," but often end up closing positions that shouldn't be closed.

My current clumsy approach is: first, only look at volatility and position risk for floating losses, and don't seek comfort from candlestick patterns; if I can hold, I hold according to plan; if I can't, I admit defeat and stop arguing with myself.