Lately I truly feel that the hardest part of perpetual trading isn't getting liquidated, but rather the end-of-year tax reporting and flipping through transaction records until I doubt my own sanity. Don't just stare at the K-line all day, casually take screenshots/export of each deposit, withdrawal, contract opening and closing, fees, and funding rates, then upload them to a cloud drive monthly. Don't name the files something like "New Folder (23)." On-chain large transfers and hot/cold wallet movements on exchanges are often called smart money, but I think it's just for show... When it comes time to reconcile, whether it's smart or not, it all depends on the transaction flow. A friend asked me last week if I could make up for it at the end of the year, and I said sure, even if it means staying up until 3 a.m. Anyway, human nature is: we're most confident when not keeping records, and most devout when we can't find them.