$FOLKS I don't know if everyone has this feeling, when the position is opened particularly large, even a slight fluctuation in the market makes your heart feel like it's going to jump out.

A few days ago, I saw a lady playing Ethereum in a live stream. Ethereum kept rising, and she kept adding positions to short, sweating when it got to $3000.

When you encounter such an especially anxious market situation, basically, regardless of whether you do right or wrong afterward, it means that you are very likely to cut losses and exit the market because your mindset has issues. You are too nervous, and when you are nervous, you can't make good decisions; it's the same with trading contracts.

In Binance over the past few months, including during this live streaming process, I've gradually realized an issue: when you open a position, it’s best to feel that it’s within a range you can bear. Regardless of whether you lose money or make money, your mindset won’t have problems. Even if you make a mistake this time, if your mindset is okay, when the next market opportunity comes, you can immediately make up for it.

Opening a position is not about how low your cost is, but about how well you can control your position. Even if the market does not go as you expected, you can still survive and have a chance.