Stopping loss is really a bit like breaking up; dragging it out without clarifying, in the end, either the relationship collapses or the interest rate drains you first. Especially with leveraged positions, initially thinking "wait a bit more," but gradually the health deteriorates, and when it’s time to cut, you’re already facing forced liquidation plus slippage, and your mindset shatters. Anyway, I now tend to think: if you find the logic is wrong, withdraw half first, watch the interest rate for the day, and if the trend changes, close your positions—don’t force it.

Recently, everyone keeps comparing RWA and US Treasury yields to on-chain yield products. I’ve looked at it too, but the more I see, the more I feel: the yields seem similar, but the risk profiles are completely different. The old-fashioned way to survive longer is still the best—keep your positions lighter, admit losses, and don’t let the time cost turn into the enemy of compound interest. That’s all for now.