I used to think I was pretty “disciplined”: when I lost, I cut losses; when I won, I stepped away. But when it really came to being stuck in floating losses, my brain felt like it was being pricked by needles. The first thing I do when I wake up in the middle of the night is reach for my phone to check my positions. Now that I look back on it, floating profits are just like numbers on a screen—feel happy for a moment and it’s over. Floating losses are more like “proof that I did something wrong.” Even if it’s only a small drawdown, it feels like it will drag me all the way down, so I can’t sleep soundly.

I’ve also tried using on-chain data tools to give myself comfort—looking at labels, watching fund flows… But recently, haven’t people been complaining that these labels lag, and can even mislead? To be honest, after looking at them, I just get even more anxious: is it “smart money” moving, or am I being tricked into adding to the trade by a bunch of delayed signals? Now, what I can do is be a bit dumber: split my position into smaller sizes, keep the perpetual hedge ratio fixed, and set my stop-loss and take-profit orders before bed, so my emotions don’t keep getting pulled around by every single K-line. If I lose, I just record it; I’ll settle the account tomorrow. That’s it for now.