I’ve realized I can’t hold spot positions—I want to run as soon as it ticks up a little. Futures are even worse: you “tough it out” for a couple of moves and you get liquidated… Later I finally figured out something people can actually understand: don’t let any single trade decide how you feel today. For spot, just treat it like slowly saving up—when you buy, first think through the “worst-case scenario”: if it drops, can I still just pretend I didn’t see it? For futures, it’s even simpler: keep your position so small that even if you get poked and liquidated, you’ll only have a couple of angry words—you won’t be unable to sleep. Lately the funding rate has been extremely extreme again; in the chat, people are yelling about whether it’ll reverse or keep squeezing the bubble. Either way, I’m lowering my leverage first—down to basically nothing, as if I hadn’t opened any. And if the slippage gets huge, I’d rather take a little less profit. At the end of the day, what I learned isn’t a set of tricks—it’s this: the trade that still lets you live to see tomorrow matters more than winning one gamble today.