$BEAT Position management is the key factor that determines whether you can survive in the long term.
$PTB Many people understand position control only as "how much money I invested."
$ETH But that is just the surface. The essence of position management is managing emotions.
Just imagine:
When fully invested and facing a large bearish candle, even close to a limit down,
can you still remain calm at that moment?
Most people are not analyzing; they are ignited by market emotions.
Once emotions rise, judgment becomes distorted.
What often follows is: chaotic position increases, random stop-losses, and increasing mistakes.
But what if you only have a 10% position?
To be honest, it’s really not a big deal.
The position is not high, the logic is still intact, and it’s fine to hold on;
Even if you stop-loss, the losses are still within a bearable range.
If emotions don’t collapse, the mindset remains stable.
Emotions → Mindset → Response → Result
This is a complete transmission chain.
Those who truly know how to manage positions move at a slow pace.
I have a habit:
I only make important decisions after 2:30 PM.
By that time, the strength or weakness of the day is basically clear.
90% of errors in the market stem from one word—抢 (to grab).
Grabbing in, grabbing out, rushing to prove oneself.
Slowing down actually leads to fewer mistakes.
Slow is actually fast.
Once you fully understand and execute position management,
you will quickly feel the changes:
Your trading mindset becomes noticeably more stable, and operations no longer become deformed.
Don’t think that only large funds need position management.
On the contrary, small funds need it even more.
Position management is essentially risk management,
and it is also mindset management.
No technology can replace it.
Position is strategy,
technology is just tactics.
I have been in the market for ten years, and these are all personal experiences,
not just preaching to you.
Once you truly understand position management,
you can consider yourself to have truly stepped into the door of trading.
