According to @QCompounding, George Soros’s 2009 Central European University lecture is a standout resource for traders focused on cutting losses early and adapting quickly. source: Twitter/@QCompounding Soros’s framework emphasizes fallibility and reflexivity—biases and price action feed back into fundamentals—requiring predefined exits, dynamic position sizing, and strict stop-losses to survive regime shifts. source: Central European University 2009 lecture by George Soros Applied to crypto markets such as BTC and ETH, reflexivity means narratives and leverage can amplify momentum and liquidation cascades, so traders should prioritize fast error recognition and hard risk caps over prediction. source: Central European University 2009 lecture by George Soros Practically, this implies cutting losing positions promptly, scaling into strength cautiously, and reducing exposure when crowding and volatility spike to avoid reflexive blowups. source: Central European University 2009 lecture by George Soros Soros’s maxim "I'm only rich because I know when I'm wrong" encapsulates this playbook and reinforces process discipline over conviction. source: Twitter/@QCompounding