I've recently fallen into my old habits again: when spot prices rise, I want to cash out immediately, ending up selling too early; when trading futures, I get caught up and leverage too much, and a sudden move teaches me a harsh lesson. To put it simply, position management boils down to one thing: don't let a single misjudgment wipe out your account. If you can't hold onto spot positions, just set aside the "part you can sleep peacefully with," and do whatever you want with the rest; if you're trading futures, treat it as paying tuition, but even with tiny positions, it won't affect your ability to go to work and eat tomorrow. Now everyone is talking about rate cut expectations, the dollar index, and risk assets moving together unpredictably—I don't bet on macro conclusions anyway, so I focus on getting the right shape of my survivable positions... and then see.