My biggest issue with spot trading is actually holding onto positions; as soon as prices go up, I want to cash out, and when they fall, I want to buy more. As a result, I keep flipping back and forth until I lose everything. Futures are even more ridiculous—once my position size gets large, I start dreaming, and if the market jitters, I get immediately educated. Honestly, position management boils down to one thing: don’t use “the money you must make a profit with” to gamble on volatility, treat every order as a small experiment where you can admit mistakes at any time. Recently, I’ve seen the “compound returns” from pledge/sharing security methods get criticized as a copycat scheme, and I feel a bit guilty. No matter how beautiful the returns look, whether you can handle the underlying risks is the real test. That’s all for now. I’ll update the flow of funds and reasons for opening positions in the spreadsheet, and also lower the leverage by one level.