I find that unrealized losses really can be more frustrating than unrealized gains, even if the paper profit is just a little bit, my mind automatically starts to fill in "What if it keeps dropping?" "I should have never bought in the first place"... On the other hand, when I have unrealized gains, I often stay calm and even lazy to check, maybe subconsciously thinking "The profits I made don't really belong to me, but the losses definitely do." Basically, it's loss aversion—knowing it's just market fluctuations, but my body still tenses up first, and I swipe through the candlestick chart before bed, sending myself into insomnia mode.

Recently, I've been looking at the narratives around modularization and the DA layer, developers talking passionately, while users look confused—I understand both sides... It all sounds pretty right, but for someone like me who only watches the position, my emotional switch still depends on red or green. Anyway, I’m trying to set stop-losses and position sizes in advance so I don’t let my midnight self come out and cause trouble. How about you?