A single day of an absolutely terrifying 5,000-point space move! Position size is indeed extremely important. With a large position, it’s only when you’re using a lighter position to trade that you truly have the confidence. Even if prices surge strongly by 500 points, you won’t feel panicked in the face of this position! Once again—carrying that 500 points in the “space”! In extreme market conditions, you have to keep a respectful fear toward the market, and do your best to trade with a light position.