I find that I am most likely to get wiped out by two types of situations: when spot prices rise, I fear a pullback and can't hold; when contracts fluctuate, I want to endure, but end up holding until I explode. To put it plainly, position management boils down to one simple rule: don't let any single thought kick you out of the game. Positions you can sleep soundly with are your real positions; those you can't sleep with are borrowed courage.

Recently, Meme calls and celebrity signals have started to rotate again, with all timelines claiming "this time is different." Veteran traders' bravado is actually fear: when you're excited, you jump in for the final punch, and reflexivity loves to feast on this kind of excitement. My approach is pretty straightforward: buy spot in batches, keep contracts small enough not to affect my mood, admit when I'm wrong, and don't gamble my dignity with the market.

There's also a small change: a while ago, I unfollowed a few people who constantly call signals, and later I found my hands steadier; but when the market heats up again, I can't help but pay attention... a quick glance makes me itchy, so I decide to unfollow again—emotions are too costly.