I’ve realized the biggest flaw I’m most prone to is this: when spot prices rise, I want to take profits right away, but then I can’t hold my position; when contracts dip and pull back, I get unwilling to accept it, keep adding and clinging tighter, and in the end it all blows up completely. Position management, in plain terms, is just one human sentence: first think clearly about “what’s the most I can afford to lose,” then decide how much to risk, rather than placing an order first and then finding reasons. It’s the same as me staring at oracle price feeds—one delay, or even one abnormal sharp spike, can send people packing, and if your position is large, you simply don’t have the right to wait for it to “fix” itself.



Recently, people have been chatting nonstop about modularization and DA-layer narrative development, and I’m also pretty excited listening to it, but once it comes to the trading-side users, they’re still completely confused... so I’m even less willing to get carried away. I watched the charts today until my eyes ached and my neck went stiff, reminding myself: positions that my body can’t withstand first, my wallet can’t withstand even more. That’s all for now.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin