I copied this passage into my notebook and reread it every now and then.

It makes a point about principal:
Your principal is your ticket to stay at the table. Many people treat it like ammunition and spend it carelessly, forgetting that without principal, you don’t even have the chance to observe the market. Staying alive matters more than anything.

Take $SOXLB today as an example: it’s at 45.93 now, up 10.38% over 24 hours. This market action is a perfect illustration of the point above. It’s no coincidence—it’s human nature repeating itself in the market.

This sounds simple, but putting it into practice can cost you a lot in tuition.
More tomorrow.

#SOXLB #投资哲学 #交易心态 #Crypto