I started recording what I do every time my position is “three steps away” from the liquidation line, and the result is pretty painful: most of the time it’s not that the strategy isn’t good enough—it’s that people are just too stubborn. Even with sweaty palms, they still go on pretending to be calm. Now, whenever I get to that distance, I stop first. I don’t add to my position, and I don’t talk tough. I first lower the leverage a bit, move whatever margin I can, and I also take seriously that whole “what if I fall asleep tonight” thing. After all, being alive matters more than face.

It’s also pretty similar to the NFT royalties drama people have been arguing about lately: creators want income, the secondary market wants liquidity, and everyone thinks they’re “defending justice”… but if you strip it down, the one that ends up paying the bill is still emotion. The liquidation line is the same: don’t try to reason with the market—first pull yourself back from the red line, then worry about the rest. After the meeting, I’ll slowly vent and break it down.