I recently left my phone charger on the table as a reminder: when the battery is low, don’t force it; the same goes for positions. If you can’t hold onto spot trading, it’s mostly not because you’re incapable, but because you bought too heavy from the start, and a small pullback makes your mentality explode; futures are even more straightforward, leverage = emotional amplifier, if you can’t handle it, you’ll blow up. To put it simply, position management is just plain language: let yourself “sleep well,” don’t let a wave of volatility kick you out of bed. As for the recent disputes over pledge, shared security, and the stacking of yields in “nesting dolls,” I’m not in a rush to jump in. Things that look attractive often test whether you’re using excess risk for a little psychological comfort. Anyway, I’d rather add slowly, earn less, and not put myself all in at once.