Lately, I can especially feel that "attention" is the most valuable chip. When a hot topic shifts, I get itchy to jump in, only to realize after two candlesticks that I’m providing liquidity for others... To put it plainly, being cut many times isn’t because I don’t know how to read charts, but because I’m being led by emotions.

I’ve now set a very simple rule for myself: don’t research new narratives first, ask myself “Why am I only seeing this now?” most of the time, it’s already the last call. If I really want to participate, that’s fine—keep the position small enough that losing it won’t affect my mindset, set stop-loss orders in advance, and don’t rely on reacting on the spot. Also, cut down on short videos and group chats, those high-density but low-efficiency sources are the most draining.

Recently, I’ve been arguing about rate cut expectations, the dollar index, and how risk assets often move together up and down. I actually prefer to treat it as noise: macro factors influence the direction, but they won’t pay the price for your entry timing. Anyway, I’d rather miss a move than pay tuition in every hot spot.