This is a truth learned after losing money many times.

There is a particularly covert way of losing money: you see an operation done by a certain institution or KOL that you don't understand, and your first reaction is not to suspect that the operation is problematic, but to doubt your own knowledge.
"They manage a fund of hundreds of billions, they must see further than me"—this sentence is the most expensive self-comfort for retail investors.
Always remember: if a big shot loses more money than you by one zero, it doesn't mean they are smarter than you.
When the scale reaches a certain level, many operations are forced—risk control requirements, redemption pressures, leverage liquidations, compliance restrictions.
What you think is a "strategic layout" might just be "there's no way out."
Rule of thumb: if you don't understand an operation and can't explain it with your own framework, don't rationalize it with the "big shot halo."
Trust your own judgment more than others' identities—this is the only way to survive long-term.