Have you guys also been getting annoyed lately by all kinds of meme narratives…? It’s definitely lively—there’s a lot going on—but right now I basically assume they’re “only worth a burst of emotion.” I set a stop-loss in a pretty old-school way: first, I make myself think it through—if this trade goes to zero, am I going to end up cursing myself? The answer is yes, so I immediately cut the position to a size where I won’t feel bad about it. Then I put the stop-loss price at the point where I’m willing to admit I was wrong—don’t think you can “tough it out” and somehow pull it back just by feel. Plainly put, meme storylines change faster than I can scroll through X. Dragging it out is just gambling on the next bag-holder being more impulsive than I am.

By the way, let me complain a bit: lately people have been arguing again about miner/validator income and that whole MEV “cut-in line” thing, and retail keeps getting educated on slippage over and over… So I’m more inclined to place orders ahead of time, chase fewer breakouts, and I’d rather the trade fill slowly than end up being someone else’s source of fees + tips. Anyway, I’m genuinely sick of emotion trades—so I’ll leave it at that for now.