Today's topic is being stuck in positions, cutting losses, and liquidation. I used to joke that out of 12 months in a year, I spend 10 months holding positions through drawdowns. This has been true almost every year since I entered the space at the end of 2022. Just like now, with my entire position stuck, when I calculate it carefully, this state should have started back in October last year. Today is March 12th, and it's almost been 5 months.