#数字资产市场动态 Everyone, if you want to survive long in the crypto world, position management is a hurdle you must overcome.

Many people have a superficial understanding of position control — just calculating how much they’ve invested. But that’s only the surface. True position management’s core is in managing your emotional fluctuations.

Imagine this scenario: you’re fully invested, and then you get hit with a big bearish candle, even approaching the limit down. At that moment, can you remain rational? Honestly, most people can’t. Because at that time, you’re not really thinking; you’re being driven by market emotions. Once emotions spiral out of control, judgment becomes distorted. Then you start adding positions recklessly or cutting losses haphazardly, making things worse and worse.

But from another perspective — what if you only hold 10% of your position? To be honest, volatility becomes much less of an issue. If the price hasn’t fallen back to your logical support level, you can hold with peace of mind; if it hits your stop-loss point, the loss is within a fully manageable range. When emotions don’t go into overdrive, your mindset remains stable. This forms a complete chain: Emotion → Mindset → Response Decision → Trading Result.

Traders who truly understand position sizing tend to operate at a slow pace. I have a habit: I only make significant position adjustments after 2:30 PM. By that time, I’ve basically seen the market’s strength or weakness for the day. Ninety percent of mistakes in the market stem from one word — “rushing” — rushing into positions, rushing to exit, rushing to prove oneself. Slowing down can actually help avoid most errors. Ironically, slow is truly fast.

Once you master position management and execute it properly, you’ll quickly notice a qualitative change: your trading mindset stabilizes significantly, and your operations no longer distort or deviate. Don’t think only large funds need to manage positions. On the contrary — small funds need it even more. The essence of position management is risk control, and it’s also about mindset management. No technical indicator can replace this.

Position sizing is a strategic aspect; technical analysis is at best tactical.

Having spent ten years in the crypto market, these are real experiences, not just theoretical talk. When you truly master position management, you’ve officially stepped into the world of trading. From that moment on, your win rate and stability will improve fundamentally.