This is the third time encountering a phase of liquidity drying up, with the order book as thin as paper, a slight push causing slippage all over the face, and hands itching to buy the dip, but honestly, surviving first is the qualification to talk about buying the dip. Recently, everyone has been discussing rate cut expectations, how the US dollar index and risk assets rise and fall together, and hearing that makes me want to reduce leverage to the minimum: macro narratives can change, but if the account blows up, it's really gone. My little habit remains the same: break positions into small pieces, take it slow in batches, keep some cash as oxygen, not guessing the bottom or holding hard, waiting for the market to cool down its emotions... Anyway, those who are anxious are usually the first to be educated.

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