• First, develop your judgment skills (technical, fundamentals, emotional cognition)

• Then use position management to express your confidence level in your judgment (for example: high confidence → normal position, low confidence → very small position or hold)
• Forget about leverage multiples; focus on “if the market moves against me by X%, how much principal will I lose”
• The only way to survive: never let any single trade threaten your account’s survival
Trading is a marathon, and your position size is your pacing strategy, while leverage is your running shoes.
If your pacing is off (too large a position), even the best running shoes (leverage) won’t help you finish;
If your pacing is appropriate (reasonable position), ordinary running shoes (low leverage) can help you steadily reach the finish line.
Controlling your position size is controlling your future form — maintaining the ability to stay engaged in the game and waiting for your own advantageous opportunities. #GateFun马勒戈币暴涨1251.09%