I’ve noticed that many people can't hold onto spot positions, and futures are easily prone to liquidation. Actually, one straightforward truth: you have no idea how much you could lose at most, yet you still insist on placing orders. Don’t try to fit a “short-term mindset” into a “long-term hold” when it comes to spot trading; draw a line for yourself: if it drops to a certain point, accept the loss/reduce your position; if it doesn’t, don’t be reckless. Futures are even simpler—treat the liquidation price as a forbidden zone, keep your position small enough so that even if you get liquidated, it won’t affect your sleep.

Recently, I’ve also been interpreting ETF capital flows, US stock risk appetite, and crypto market rises and falls together. Honestly, they’re all just emotion amplifiers. The more you follow the rhythm, the easier it is to bet on the wrong side with the wrong position. Anyway, before I place an order now, I ask myself: if I’m wrong with this trade, can I close it with a smile? If not, I shrink my position.