Lately, looking at the testnet points, it’s becoming more and more like an exam paper: originally just for practice, but everyone is doing it with the expectation of an “airdrop,” which easily distorts the mindset. My stop-loss is actually very simple: once I start increasing costs to farm points (cross-chain back and forth, frequent interactions, staying up late watching, etc.), I immediately set a limit for myself, like stopping at a certain step and checking the next day, not chasing “that last little bit.” To put it plainly, practice allows mistakes, but when expectations get inflated, mistakes become rationalized.

By the way, the spot/contract funding rates are a bit extreme now, and in the group, people are arguing whether to reverse or keep squeezing the bubble. My feeling is: the more they argue, the less decision they make… so I first reduce the risk. Staying glued to the screen tonight until my eyes hurt and my neck is stiff, I feel my brain starting to automatically find reasons to trade. At such times, I’d rather turn off the page; stop-loss isn’t just about the position, it’s about stopping the emotions.