I found the difference between grid/DCA and going all-in—put simply, it comes down to how you want to sleep. I’m a bit sensitive to extreme market moves, so I prefer to break my position into pieces: every order can be marked on the chart, and I review both the timing and the emotions together. At least when I wake up the next day, I’m not checking my phone first and getting my heartbeat up in my throat.

Going all-in is obviously exciting—if you get the direction right, it feels like you’re cheating—but it’s also like you’re wagering your sleep along with it. Especially lately, the rate-cut expectations have been swinging hot and cold; the U.S. Dollar Index and risk assets keep rising and falling in sync, and the rhythm feels really off. My brain can’t just shut off at night.

Anyway, my standard now is pretty simple: if this trade can only work by “forcing yourself not to watch the charts,” then it’s probably not for me. Whether grid/DCA makes money or not is another matter—at least I can still sleep.