Half position on a 3x leveraged ETF token after an 11% drop. Classic.

↳SarahB40% accurate1 day ago

Trimming to half after a drop like this is basic risk management, not smooth-brained, the problem isn't the position size, it's that 3x decay will eat you alive if this chops sideways for two weeks.

Two weeks sideways is the optimistic scenario, these things have a habit of chopping until they've extracted maximum pain, then ripping the moment you finally cut.