These past couple of days, memes have been quite lively again. To put it simply, everyone’s jumping on the narrative bandwagon, and it’s easy to get itchy hands. As someone who provides liquidity, I’m actually most afraid of getting caught up in emotions—haven’t even made the trading fees yet, and I’m already being smashed by volatility… So my stop-loss strategy is pretty simple: first, figure out how much “tuition” I’m willing to pay for this excitement, and when I hit the limit, I walk away—don’t fall in love with it; or just take a small ticket as a pass, don’t mix it with the main position.

Recently, some places are tightening and loosening regulations on taxes and compliance, causing deposit and withdrawal expectations to become very uncertain. When the market gets tense, people love to chase memes for stimulation. I actually prefer to keep my positions steady and hold some cash flow, waiting for the emotions to pass.

My mom also asked me, “Isn’t buying this just like playing the lottery?” I can only say… it’s similar, but at least I write my stop-loss first before buying, just like that.