Last night I was woken up twice by the alarm clock, but it’s not really the alarm’s fault, it’s that the floating losses have been “beeping” in my mind all the time. To be honest, I treat the floating gains as if I found them, and I can still comfort myself before sleep with “I’ll check again tomorrow”; but floating losses are different, I always feel like I did something wrong, even if it’s just market fluctuations, I’ll think about cutting a position or reducing it, and I can’t help but cancel and re-enter orders. The more I watch the order book, the clearer I get.

Recently I’ve seen everyone comparing RWA, what US bond yields, and on-chain yield products all together, it sounds quite rational, but I find I’m still more easily controlled by the word “drawdown.” No matter how stable the returns are, if the curve just dips a little, it’s like the alarm clock goes off early, even though it’s not time yet, my heart races first… Anyway, my current approach is: keep smaller positions, look less before sleep, don’t change orders too often once they’re placed, just stick to this for now.