Positioning is very important! Never go all-in, always keep some "bullets" in hand to respond to market changes in a timely manner.

Think about position management and your mindset in trading, and give yourself a clear definition of what you want.

For short-term trading, refer to positions near resistance levels to sell. If it rises, don't regret it; you are a short-term participant, and once you sell, just move on to the next opportunity. If you hesitate to sell when it rises, thinking about taking a long position, and if it falls, you think about short-term trading, this mindset can be very torturous.

If you are a player focused on a larger cycle and want to hold long, don't be afraid of mid-course pullbacks. Don't focus on the process but on the results. Of course, you must also endure pullbacks of 50% or even 100%. The entire bull market is characterized by continuous pullbacks followed by rises, then pullbacks again, creating a rhythm of oscillation and spiral growth. For swing traders, you can reduce your position when prices rise, but after reducing your position, if the price pulls back, you must buy back to avoid missing out and chasing highs.