I tend to hold spot positions poorly, wanting to sell as soon as it rises a little; futures are even worse, holding for a couple of moves and they tend to blow up easily.


Later I realized that position management is a simple rule: cut off the part that will definitely die.
That is, before entering the market, think about whether you can go to work as if nothing happened if the worst case occurs...
If yes, place the order; if not, reduce it to a manageable size.
Don't go all-in as soon as you're emotional; honestly, it's not about right or wrong, but whether you can survive until the next opportunity.

Recently, those on-chain data tools and label systems have been criticized for being outdated, and I somewhat agree: they look authoritative, but when volatility hits, the news and labels might already be manipulated to steer the market.
Anyway, I now trust my own rules more: enter in batches, set strict stop-losses, don’t add to positions that keep you awake, and if you make a profit, treat yourself to a coffee; if you lose, consider it tuition.

That’s all for now.
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