Leaving the house in the morning stuck in traffic, doubting life, coffee also gone cold, suddenly I think of my own hands: spot trading one rise makes me want to run, contract trading a wave of retracement makes me want to hold on stubbornly, in the end either selling too early or getting liquidated… To put it simply, position management is just plain language: don’t put the emotion of “wanting to win big” into a position that’s “must survive.”

My current makeshift method is, treat spot trading as a slow savings jar, at most enough to sleep peacefully; if I want to be quick, open a small contract, treat it as buying an emotional ticket, admit when wrong, don’t argue with the market. Recently, cross-chain bridges have been hacked again, oracles are acting up, on-chain everyone is “waiting for confirmation,” I also wait along, rather miss out than be the Exit Liquidity person, even after being educated, I still argue stubbornly. Anyway, just stay alive first, there are plenty of opportunities.