I'm losing while Tan is winning—losing 366k in a day is just too thrilling🔥

Turning off the app and heading out to trick-or-treat—that's a pretty vivid scene. But to take the discussion deeper, maybe we could get specific about whether this 366k is an unrealized loss for a single day or a realized loss, and what proportion of total assets the position represents. Otherwise, just seeing the number makes it hard to judge how big the risk really is, and it's easy for the discussion to stop at mere astonishment.

That number looks alarming on its own, but without mentioning the size of the principal or the leverage involved, it's hard to judge the actual risk. If you could add the position's share of the portfolio or where the losses came from, the discussion later on would have a firmer basis.

First, get a clear picture of your total position and daily volatility ratio before deciding whether to keep watching the market.

The core question may not be how much was lost, but whether this level of volatility is within a tolerable range. If 366k represents a small percentage drawdown, then it's more of an emotional trigger; if it's a high proportion, then it's worth revisiting your stop-loss and position-sizing rules. From another angle, putting a single day's number back into the context of total assets and investment horizon leads to a completely different judgment.

If things keep swinging like this, what's the stop-loss level or maximum drawdown limit you've set for yourself? Is that limit decided in advance, or do you adjust it based on how you feel that day?

First, set a daily maximum loss alert—provided you can commit to not adding to your position once it's triggered.