#数字资产市场动态 Key question: Why do many people struggle to persist in trading in the crypto market?

Simply put, it’s all about position management.

Position management sounds very simple—it’s nothing more than deciding how much to invest. But that’s a superficial understanding. The real trick is managing your own emotions.

Imagine this scenario: $BTC is fully loaded, and you see a big bearish candle, even approaching the limit down. Can you still stay rational in that moment? Honestly, most people aren’t analyzing the chart at that point; they’re being driven by market volatility.

When emotions spiral out of control, the consequences are obvious—distorted judgment, reckless adding to positions, haphazard stop-losses, and digging deeper into losses.

Look at it from another angle: what if you only risked 10% of your position? Honestly, it wouldn’t cause much turbulence. As long as your logic remains intact, you can hold on, even if forced to stop out, the loss stays within an acceptable range. When your mindset is stable, the quality of your decisions naturally improves.

There’s a complete logical chain here: Emotion → Mindset → Operation → Final Result.

Traders who truly understand position management share a common trait—they operate at a slow pace. My personal habit is to make important trading decisions after 2:30 PM. By that time, the market’s strength or weakness for the day is basically clear.

Careful observation shows that 90% of losses in the market actually stem from one word—“chasing.” Chasing entries, chasing exits, even chasing to prove your judgment is correct.

On the flip side, moving a bit slower actually results in fewer mistakes. Sometimes, slow is fast.

Once you master position management and execute it properly, you’ll quickly notice a change: your trading mindset becomes much more stable, and your operations no longer distort.

Don’t think that only large funds need position management. On the contrary—small funds rely on it even more. Because the essence of position management is risk management, and also mindset management. No technical indicator can replace this.

Feeling confused about choosing between futures and spot? The key is to master position management first.

Position is a strategic level concept; technical analysis is just tactical.

After years of navigating this market, these are real insights, not just theoretical talk.

Once you truly understand position management, you’ve taken the first step into the world of trading.