#比特币与黄金战争 In the market, what truly determines how long you can hold on? It's not about your skill in reading K-lines, nor how well you use indicators—frankly, it's about your position sizing.

I've seen too many experts who are excellent at technical analysis, but can't last long in the market. Why? Because their understanding of position sizing stays at the level of "account funds ratio," and they completely fail to realize how much impact position size has on psychological state.

When heavily leveraged, a single large bearish candle can crush your mindset. At that moment, your mind is full of rescue ideas, leaving no room for calm judgment of the trend. As a result, your operations become increasingly chaotic, ultimately earning a little and losing a lot. Conversely, with a small position—it's a different story—you keep observing as long as your logic remains intact. If the trend reverses, hitting stop-loss doesn't hurt much, allowing you to think calmly.

This is the cruelest truth in trading: the size of your position directly ties to your emotions. When emotions collapse, your operations distort; chaotic trading can wipe out your capital. Those who truly master position control never rush to enter the market.

My trading principle is simple—prefer to wait a bit longer until the trend is clear before acting. Many people's losses are not due to wrong direction judgment but because of rushing. Slowing down the pace can help you avoid countless pitfalls. Once your position sizing is reasonable, you won't be hostage to a single K-line, and you'll be able to place orders with a bit more composure.

Don't think that having a small account means your position isn't important. On the contrary—the smaller your funds, the less you can tolerate a loss of control. A single heavy loss could mean the end of your trading journey.

What is the true meaning of position sizing? It’s about leaving yourself a backup plan. Technical analysis can improve your win rate, but proper position management ensures you stay in the game. This is not some empty motivational talk; it’s a lesson learned through paying tuition in the market. As long as you prioritize controlling your position size, you’ll truly step into the threshold of consistent profitability.