Position management determines how long you can survive in this market. $BTC
Many people think that position is just about how much capital to invest, but its essence is actually managing your emotions.
Imagine this: when faced with a large bearish candle while fully invested, what is your first reaction? Most people's minds are filled with panic or unwillingness; once emotions get out of control, judgment becomes distorted—hastily adding positions or cutting losses, one mistake leads to another.
But what if you were only using 10% of your position at that time? The same drop might not cause panic at all. The position isn't too high, the logic still holds, and you can completely hold on; even if you cut losses, the loss is fully controllable. With a steady mindset, you can respond calmly.
Emotion → Mindset → Response → Result, this is a complete transmission chain.
Those who truly value position often have a slower pace. I have a habit: before 2:30 PM, I try not to make important decisions. By this time, the day's strengths and weaknesses are basically clear, avoiding hasty actions due to intraday fluctuations.
Most mistakes in the market stem from a sense of 'grabbing.' Grabbing to enter, grabbing to exit, grabbing to prove oneself. Slowing down actually leads to fewer errors.
Don't think that only large funds need to manage positions. On the contrary, smaller funds need it more, because a single mistake with a heavy position could completely take you out of the game. $ETH
Position management appears to be about managing risk, but at a deeper level, it is about managing mindset. No technical analysis can replace its role.
Having walked through ten years, I increasingly feel: position is strategy, technique is merely tactics. Only by truly clarifying your positions can you be considered to have truly entered the door of trading. The market changes rapidly; when there's movement, I shout at the first moment! Those who want to hold steady chips and seize opportunities, pay attention to the movements, and don't miss the next wave! @bit萧
