I have one simple rule for position management: Don’t let any impulsive decision determine your mood for the next week.


Holding spot positions is mostly about having too large a position; when prices go up or down, you immediately think "I'll just sell first and ask questions later."
Futures liquidation is even simpler—you treat "how much could I lose" as "I won't lose that much."
I usually split my total position into several small parts, and before entering a trade, I set a limit: I accept losing up to a certain point, and once reached, I turn off the screen and do something else.
No matter how smart you are, you can't withstand a series of emotional hits.

Why can I stay calm? I have a simple habit: before placing an order, I cut the quantity in half, then ask myself, "If this trade immediately drops 10%, would I start panicking and making reckless moves?"
If yes, I cut again or just don’t do it at all.

By the way, recently hardware wallets have been out of stock, and phishing links are everywhere...
The more chaotic it gets, the more you shouldn’t rush to confirm transactions in the heat of the moment.
Safety is really about saving yourself from one big loss, which could cost you many times more.
That’s all for now.
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