I used to misunderstand: position management is just “go all in when you see it, cut the loss when you’re wrong,” but the moment the spot market pulls back, I start shaking and end up selling too early—then with futures, one wick-like needle stab and it blows up right in front of you… Now my understanding is just plain human language: first, lock in in writing the “maximum how much you could lose,” then decide how big to open the position—don’t let one bout of emotion wipe your account to zero.

Recently, there’s also a whole lot of talk about AI Agent/automated trading that sounds really mystical. Anyway, I’ll look at two things first: whether the permissions are granted too broadly, and whether on-chain interactions can be reversed/undone or have limits. There are many strategies that can make money, but truly not many accounts can stay alive. My approach is pretty down-to-earth: every time, I only use a small slice of funds to test—once I can exit and the slippage is under control, I slowly add more. Whether I make money or not isn’t urgent; for now, don’t get yourself wiped out.