I just got the itch again and wanted to buy a position, so I opened the order page to check the depth and estimated impact, and instantly calmed down... Position management, to put it simply, is: don't let any single trade break your mindset.


If you can't hold spot, it's probably because your position size is too large and fluctuations make you uncomfortable;
If you keep getting liquidated on futures, it's because leverage turns "normal drawdowns" into "going to zero directly."
My current clumsy method is: only use the money I can sleep peacefully with, think through the worst-case scenario before entering, and only press the button if I can accept it; if not, just close the page and pretend I didn't see it.
Recently, I've been earning points like crazy on the testnet, and everyone in the group is guessing whether the mainnet will issue tokens...
Anyway, this kind of expectation is the easiest way to make people increase their positions, eventually becoming liquidity donors.
Let's leave it at that for now.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin