I tend to hold spot positions poorly, I want to sell as soon as it rises a little; futures are even worse, I think "just open a small position," but then a sudden spike directly teaches me a lesson about liquidation... Later I realized a simple truth: set your acceptable loss limit first, and your position size is just calculated backwards from that number, not something you just make up based on the market chart.

A couple of days ago, I saw large transfers on the blockchain and movements in exchange hot and cold wallets, and the group started interpreting it as "smart money coming in / about to crash," just like a TV drama. I almost got the itch to trade. But I really couldn't understand what was happening that time, so I forced myself to close the page and go wash dishes. When I came back, I found that doing nothing was actually the safest... Anyway, I now accept: if I don’t understand it, I won’t act. Staying alive is more important than proving I’m smart.