Recently, we've been talking about interest rate cut expectations again, and sometimes the US dollar index and risk assets move together up and down... Just hearing that gives me a headache. To put it simply, macro stuff only tells me one thing: do I dare to shift my position from "just surviving" to "trying to make money"? When interest rates are high, cash has returns, and market sentiment is more selective, I default to the idea that I could be taught a lesson at any time, keeping my position small and placing stop-losses upfront; when interest rates loosen and risk appetite returns, it’s indeed easier to rise, but I’m not in a rush to be fully invested, I first see if I get itchy hands in the next couple of days. Anyway, I can’t predict macro either, the only two things I can control are: don’t leverage at the hottest emotional moments, and don’t treat “possible rate cuts” as “inevitable market conditions.” That’s it for now, I’m going to sleep.