During this crash, I didn't do anything else except two things:

1) On Tuesday I bought snxx, consistent with my judgment that there was an 80% probability of a short-term bottom at $1,500 being hit, but I sold all of it by noon today.

2) Last Friday, sensing something was off, I rolled all my Puts when it broke $1,800. Essentially, I stopped loss first and then reopened positions—in other words, "cleared short-term leverage."

I don’t understand why some people think clearing short-term positions means they missed the rebound. When the rebound comes, didn’t your long-term positions help you recover?

Always obsessing over mistakes already made. If a big drop scares you, it means your position size was too big to begin with, or your entry was wrong, or the position itself was wrong—because you were just gambling.

For short-term trading, if you’re wrong, you’re wrong. Clearing the position and admitting defeat is perfectly fine, and it's a quality any professional short-term trader should have.

Don't always try to "get back to even" on mistakes, clinging to the past—that’s the mentality of a housewife bargaining at the wet market.

If there was no rebound and you lost everything, you'd blame others for not saving you. If there was a rebound, you'd complain you sold too early and blame others for saving you too urgently.

Such shameless, greedy, risk-ignoring thinking—I don’t even know how to describe it.

Politely put, it’s naive. Bluntly put, it’s truly characteristic of a man-child.

So I have to say something else that nobody likes to hear:

If you don’t understand the meaning of quickly admitting mistakes and never looking back,

I suggest you don’t do short-term trading.

Thank you all.