Recently I realized I’m pretty typical: when I’m in floating profit, my mindset is very relaxed—I even get lazy and don’t bother to check. But once it turns into floating losses, even if the loss is the same magnitude, my brain automatically replays “Should I cut?” “Did I misread it?” And before bed, I still can’t help but take a couple more looks. Put simply, the money I lose feels like it’s knocking at the door, while the money I make feels like it’s just passing by.

These days, people are linking ETF fund flows, U.S. stock risk appetite, and crypto price rises and falls into one interpretation, and I also get swept along by the emotions—watching more and more, getting more and more anxious. Later I thought about it: maybe it’s not that the market is more frightening, but that my sensitivity to “loss” is switched on too easily… Anyway, I’m forcing myself to watch the market less, keep a smaller position size, and being able to sleep is better than anything else.